2,270 Shares in MSCI Inc $MSCI Acquired by Carolina Wealth Advisors LLC

Carolina Wealth Advisors LLC purchased a new position in MSCI Inc (NYSE:MSCI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,270 shares of the technology company’s stock, valued at approximately $1,302,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pinnacle Bancorp Inc. bought a new position in MSCI in the 3rd quarter valued at approximately $27,000. Root Financial Partners LLC bought a new position in MSCI in the 3rd quarter valued at approximately $28,000. Strategic Wealth Investment Group LLC bought a new position in MSCI in the 2nd quarter valued at approximately $36,000. JPL Wealth Management LLC bought a new position in MSCI in the 3rd quarter valued at approximately $36,000. Finally, Westside Investment Management Inc. lifted its position in MSCI by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 68 shares of the technology company’s stock valued at $38,000 after acquiring an additional 34 shares in the last quarter. 89.97% of the stock is owned by institutional investors.

MSCI Price Performance

NYSE MSCI opened at $545.77 on Tuesday. The business’s fifty day moving average price is $554.02 and its 200-day moving average price is $562.09. The stock has a market capitalization of $40.10 billion, a price-to-earnings ratio of 34.78, a PEG ratio of 2.22 and a beta of 1.30. MSCI Inc has a 1-year low of $486.73 and a 1-year high of $626.28.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.66 earnings per share for the quarter, beating the consensus estimate of $4.62 by $0.04. The firm had revenue of $822.53 million for the quarter, compared to analysts’ expectations of $819.51 million. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The company’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.18 EPS. Equities research analysts anticipate that MSCI Inc will post 16.86 EPS for the current year.

MSCI Increases Dividend

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

Analyst Ratings Changes

Several equities analysts recently issued reports on MSCI shares. Raymond James Financial raised MSCI from an “outperform” rating to a “strong-buy” rating and set a $710.00 price objective on the stock in a research report on Tuesday, March 17th. UBS Group set a $638.00 price objective on MSCI in a research report on Wednesday, January 28th. Bank of America started coverage on MSCI in a research report on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price objective on the stock. Barclays reaffirmed an “overweight” rating on shares of MSCI in a research report on Thursday, January 29th. Finally, Weiss Ratings cut MSCI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, MSCI currently has an average rating of “Moderate Buy” and an average target price of $665.89.

Insider Buying and Selling at MSCI

In other news, CEO Henry A. Fernandez purchased 6,000 shares of the stock in a transaction dated Friday, February 13th. The shares were purchased at an average cost of $524.18 per share, with a total value of $3,145,080.00. Following the acquisition, the chief executive officer directly owned 1,493,047 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through this link. Also, CFO Andrew C. Wiechmann sold 450 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the sale, the chief financial officer owned 22,544 shares of the company’s stock, valued at $12,624,640. This trade represents a 1.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.76% of the stock is owned by corporate insiders.

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.