International Assets Investment Management LLC Buys 10,108 Shares of MSCI Inc. (NYSE:MSCI)

International Assets Investment Management LLC increased its stake in MSCI Inc. (NYSE:MSCI) by 13,659.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,182 shares of the technology company’s stock after buying an additional 10,108 shares during the quarter. International Assets Investment Management LLC’s holdings in MSCI were worth $5,759,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bamco Inc. NY grew its stake in shares of MSCI by 0.7% in the third quarter. Bamco Inc. NY now owns 2,260,105 shares of the technology company’s stock worth $1,159,615,000 after acquiring an additional 15,184 shares during the last quarter. FMR LLC grew its position in MSCI by 1.6% during the 3rd quarter. FMR LLC now owns 1,893,728 shares of the technology company’s stock valued at $971,634,000 after purchasing an additional 30,528 shares during the last quarter. Wellington Management Group LLP increased its stake in MSCI by 14.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,460,634 shares of the technology company’s stock valued at $749,422,000 after purchasing an additional 179,508 shares in the last quarter. American Century Companies Inc. raised its holdings in MSCI by 32.5% in the third quarter. American Century Companies Inc. now owns 959,894 shares of the technology company’s stock worth $492,502,000 after buying an additional 235,290 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of MSCI by 0.9% in the third quarter. Morgan Stanley now owns 767,297 shares of the technology company’s stock worth $393,686,000 after buying an additional 7,183 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Insider Activity

In other MSCI news, COO Cd Baer Pettit purchased 7,500 shares of the business’s stock in a transaction on Thursday, April 25th. The stock was acquired at an average price of $459.41 per share, for a total transaction of $3,445,575.00. Following the purchase, the chief operating officer now owns 291,038 shares of the company’s stock, valued at approximately $133,705,767.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Henry A. Fernandez bought 13,000 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The stock was purchased at an average price of $465.92 per share, for a total transaction of $6,056,960.00. Following the completion of the transaction, the chief executive officer now owns 327,479 shares in the company, valued at $152,579,015.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Cd Baer Pettit bought 7,500 shares of the business’s stock in a transaction that occurred on Thursday, April 25th. The shares were bought at an average cost of $459.41 per share, with a total value of $3,445,575.00. Following the completion of the purchase, the chief operating officer now directly owns 291,038 shares of the company’s stock, valued at approximately $133,705,767.58. The disclosure for this purchase can be found here. Insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSCI. Royal Bank of Canada restated an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a report on Friday, April 12th. StockNews.com cut MSCI from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Bank of America raised MSCI from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $425.00 to $525.00 in a research report on Tuesday, April 30th. Morgan Stanley lowered their target price on shares of MSCI from $671.00 to $615.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 24th. Finally, UBS Group dropped their price target on shares of MSCI from $700.00 to $575.00 and set a “buy” rating on the stock in a report on Wednesday, April 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $569.53.

MSCI Price Performance

NYSE:MSCI opened at $471.40 on Wednesday. The business has a fifty day moving average price of $528.77 and a 200-day moving average price of $536.16. MSCI Inc. has a one year low of $439.95 and a one year high of $617.39. The firm has a market capitalization of $37.34 billion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 2.42 and a beta of 1.09.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, April 23rd. The technology company reported $3.52 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.08. The firm had revenue of $680.00 million for the quarter, compared to analysts’ expectations of $685.47 million. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The business’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.14 EPS. On average, equities research analysts expect that MSCI Inc. will post 14.66 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.36%. MSCI’s dividend payout ratio (DPR) is presently 43.69%.

MSCI Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.