SageView Advisory Group LLC Invests $499,000 in MSCI Inc. (NYSE:MSCI)

SageView Advisory Group LLC purchased a new position in MSCI Inc. (NYSE:MSCIFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 828 shares of the technology company’s stock, valued at approximately $499,000.

Several other large investors also recently added to or reduced their stakes in the stock. Optiver Holding B.V. bought a new stake in shares of MSCI during the third quarter valued at approximately $26,000. Headinvest LLC bought a new stake in MSCI during the 3rd quarter valued at $30,000. American National Bank lifted its holdings in shares of MSCI by 1,300.0% in the 4th quarter. American National Bank now owns 70 shares of the technology company’s stock worth $40,000 after buying an additional 65 shares during the period. First United Bank & Trust bought a new position in shares of MSCI during the 4th quarter worth $48,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of MSCI during the third quarter valued at $51,000. 89.97% of the stock is owned by hedge funds and other institutional investors.

MSCI Trading Up 0.5 %

Shares of MSCI stock opened at $493.00 on Monday. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $617.39. The business’s 50 day moving average is $512.16 and its two-hundred day moving average is $536.78. The company has a market capitalization of $39.06 billion, a P/E ratio of 33.65, a P/E/G ratio of 2.54 and a beta of 1.09.

MSCI (NYSE:MSCIGet Free Report) last announced its earnings results on Tuesday, April 23rd. The technology company reported $3.52 earnings per share (EPS) 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 analyst estimates of $685.47 million. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The business’s revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the firm posted $3.14 EPS. On average, research analysts predict that MSCI Inc. will post 14.66 earnings per share for the current fiscal year.

MSCI Announces Dividend

The firm also recently declared 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. This represents a $6.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, May 16th. MSCI’s dividend payout ratio is currently 43.69%.

Insider Buying and Selling

In other MSCI news, insider Scott A. Crum sold 9,000 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the completion of the sale, the insider now owns 12,831 shares of the company’s stock, valued at $6,052,254.39. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other MSCI news, COO Cd Baer Pettit acquired 7,500 shares of the stock in a transaction 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 transaction, 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 is accessible through the SEC website. Also, insider Scott A. Crum sold 9,000 shares of the business’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the transaction, the insider now owns 12,831 shares in the company, valued at $6,052,254.39. The disclosure for this sale can be found here. 3.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MSCI shares. Royal Bank of Canada restated an “outperform” rating and issued a $638.00 price target on shares of MSCI in a report on Friday, April 12th. Wells Fargo & Company lifted their price target on MSCI from $615.00 to $660.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. UBS Group decreased their price objective on MSCI from $700.00 to $575.00 and set a “buy” rating for the company in a research note on Wednesday, April 24th. Barclays dropped their price objective on MSCI from $700.00 to $600.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th. Finally, The Goldman Sachs Group decreased their price target on shares of MSCI from $615.00 to $526.00 and set a “neutral” rating for the company in a research report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $570.53.

Check Out Our Latest Stock Analysis on MSCI

MSCI Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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