Blair William & Co. IL Purchases 197 Shares of MSCI Inc $MSCI

Blair William & Co. IL raised its stake in MSCI Inc (NYSE:MSCI) by 19.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,192 shares of the technology company’s stock after acquiring an additional 197 shares during the quarter. Blair William & Co. IL’s holdings in MSCI were worth $687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSCI. Olde Wealth Management LLC acquired a new stake in MSCI in the 1st quarter valued at about $27,000. Meeder Asset Management Inc. increased its position in MSCI by 136.4% in the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company’s stock valued at $29,000 after acquiring an additional 30 shares in the last quarter. Steph & Co. acquired a new stake in MSCI in the 2nd quarter valued at about $35,000. Migdal Insurance & Financial Holdings Ltd. increased its position in MSCI by 50.0% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company’s stock valued at $37,000 after acquiring an additional 22 shares in the last quarter. Finally, Banque Transatlantique SA increased its position in MSCI by 355.6% in the 1st quarter. Banque Transatlantique SA now owns 82 shares of the technology company’s stock valued at $43,000 after acquiring an additional 64 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of MSCI in a research report on Wednesday, October 8th. Seaport Res Ptn upgraded shares of MSCI to a “strong-buy” rating in a research report on Wednesday, October 1st. Evercore ISI lifted their price target on shares of MSCI from $588.00 to $611.00 and gave the stock an “outperform” rating in a research report on Tuesday. Wells Fargo & Company lowered their price target on shares of MSCI from $578.00 to $533.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 23rd. Finally, Raymond James Financial upgraded shares of MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price target for the company in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, MSCI has a consensus rating of “Moderate Buy” and a consensus price target of $647.70.

MSCI Price Performance

Shares of NYSE:MSCI opened at $533.72 on Friday. MSCI Inc has a one year low of $486.73 and a one year high of $642.45. The company has a 50 day moving average of $563.25 and a 200-day moving average of $558.78. The stock has a market cap of $41.29 billion, a price-to-earnings ratio of 35.35, a P/E/G ratio of 2.68 and a beta of 1.33.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, July 22nd. The technology company reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.05. The firm had revenue of $772.68 million during the quarter, compared to analysts’ expectations of $763.06 million. MSCI had a net margin of 39.46% and a negative return on equity of 143.13%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.64 earnings per share. Equities research analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were issued a dividend of $1.80 per share. The ex-dividend date was Friday, August 15th. This represents a $7.20 dividend on an annualized basis and a yield of 1.3%. MSCI’s payout ratio is currently 47.68%.

Insider Transactions at MSCI

In other news, CEO Henry A. Fernandez acquired 9,916 shares of the firm’s stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average price of $544.70 per share, for a total transaction of $5,401,245.20. Following the completion of the acquisition, the chief executive officer owned 1,279,867 shares in the company, valued at $697,143,554.90. This trade represents a 0.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have purchased a total of 12,400 shares of company stock worth $6,731,599 in the last ninety days. 3.31% of the stock is currently owned by insiders.

MSCI Company 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.