CreativeOne Wealth LLC Sells 1,491 Shares of MSCI Inc $MSCI

CreativeOne Wealth LLC lessened its holdings in MSCI Inc (NYSE:MSCI) by 40.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,232 shares of the technology company’s stock after selling 1,491 shares during the quarter. CreativeOne Wealth LLC’s holdings in MSCI were worth $1,266,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in MSCI. Aviso Financial Inc. lifted its holdings in shares of MSCI by 2.0% during the third quarter. Aviso Financial Inc. now owns 859 shares of the technology company’s stock valued at $487,000 after purchasing an additional 17 shares during the last quarter. Intact Investment Management Inc. grew its stake in shares of MSCI by 16.0% in the 2nd quarter. Intact Investment Management Inc. now owns 138 shares of the technology company’s stock worth $80,000 after buying an additional 19 shares during the last quarter. Empirical Finance LLC grew its stake in shares of MSCI by 0.7% in the 2nd quarter. Empirical Finance LLC now owns 2,772 shares of the technology company’s stock worth $1,599,000 after buying an additional 20 shares during the last quarter. Independent Advisor Alliance increased its position in MSCI by 4.3% during the 3rd quarter. Independent Advisor Alliance now owns 509 shares of the technology company’s stock valued at $289,000 after buying an additional 21 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC increased its position in MSCI by 0.6% during the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 3,300 shares of the technology company’s stock valued at $1,872,000 after buying an additional 21 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

MSCI has been the topic of several analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $690.00 target price on shares of MSCI in a report on Monday, January 12th. Wells Fargo & Company raised their price target on MSCI from $590.00 to $618.00 and gave the company an “equal weight” rating in a report on Thursday, January 29th. Evercore lifted their price target on MSCI from $655.00 to $690.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Bank of America started coverage on shares of MSCI in a research note on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price target on the stock. Finally, UBS Group set a $638.00 price objective on shares of MSCI in a research report on Wednesday, January 28th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $671.78.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez bought 6,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was acquired at an average price of $524.18 per share, with a total value of $3,145,080.00. Following the transaction, the chief executive officer owned 1,493,047 shares in the company, valued at $782,625,376.46. This represents a 0.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Andrew C. Wiechmann sold 450 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $550.00, for a total transaction of $247,500.00. Following the transaction, the chief financial officer owned 21,639 shares in the company, valued at $11,901,450. This represents a 2.04% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.31% of the stock is currently owned by insiders.

MSCI Trading Down 2.6%

Shares of MSCI opened at $549.87 on Wednesday. The business’s fifty day simple moving average is $570.23 and its two-hundred day simple moving average is $565.36. MSCI Inc has a 12 month low of $486.73 and a 12 month high of $626.28. The company has a market cap of $40.40 billion, a price-to-earnings ratio of 35.05, a P/E/G ratio of 2.30 and a beta of 1.29.

MSCI (NYSE:MSCI) last posted its earnings results on Wednesday, January 28th. The technology company reported $4.66 EPS for the quarter, topping analysts’ consensus estimates of $4.62 by $0.04. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The business had revenue of $822.53 million during the quarter, compared to analyst estimates of $819.51 million. During the same quarter last year, the company earned $4.18 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. As a group, research analysts forecast that MSCI Inc will post 16.86 EPS for the current year.

MSCI Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $2.05 dividend. This represents a $8.20 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, February 13th. This is a positive change from MSCI’s previous quarterly dividend of $1.80. MSCI’s dividend payout ratio is 52.26%.

MSCI Company Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.