MSCI Inc $MSCI Shares Sold by Choreo LLC

Choreo LLC trimmed its stake in shares of MSCI Inc (NYSE:MSCI) by 26.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,644 shares of the technology company’s stock after selling 940 shares during the period. Choreo LLC’s holdings in MSCI were worth $1,539,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSCI. Empowered Funds LLC grew its holdings in MSCI by 7.6% during the first quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock worth $1,133,000 after acquiring an additional 142 shares during the period. Woodline Partners LP grew its holdings in MSCI by 39.0% during the first quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock worth $3,724,000 after acquiring an additional 1,846 shares during the period. Sivia Capital Partners LLC grew its holdings in MSCI by 20.9% during the second quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock worth $607,000 after acquiring an additional 182 shares during the period. Treasurer of the State of North Carolina grew its holdings in MSCI by 1.0% during the second quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock worth $20,261,000 after acquiring an additional 344 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new stake in MSCI during the second quarter worth about $88,000. 89.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MSCI has been the topic of several analyst reports. Wells Fargo & Company dropped their target price on MSCI from $618.00 to $545.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 1st. Raymond James Financial raised MSCI from an “outperform” rating to a “strong-buy” rating and set a $710.00 target price on the stock in a report on Tuesday, March 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $715.00 target price on shares of MSCI in a report on Thursday, January 29th. Bank of America started coverage on MSCI in a report on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price objective on the stock. Finally, Weiss Ratings lowered MSCI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $665.89.

Insider Activity at MSCI

In other news, CEO Henry A. Fernandez bought 6,000 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were acquired at an average price of $524.18 per share, for a total transaction of $3,145,080.00. Following the completion of the transaction, the chief executive officer directly owned 1,493,047 shares in the company, valued at $782,625,376.46. The trade was a 0.40% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the transaction, the chief financial officer owned 22,544 shares in the company, valued at approximately $12,624,640. This trade represents a 1.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.76% of the company’s stock.

MSCI Trading Down 1.3%

Shares of MSCI opened at $545.55 on Wednesday. MSCI Inc has a 12 month low of $501.08 and a 12 month high of $626.28. The stock’s 50 day moving average is $547.39 and its two-hundred day moving average is $561.32. The firm has a market cap of $40.08 billion, a P/E ratio of 34.77, a PEG ratio of 2.26 and a beta of 1.30.

MSCI (NYSE:MSCI) last released its 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 business had revenue of $822.53 million for the quarter, compared to the consensus estimate of $819.51 million. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The business’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $4.18 earnings per share. Equities research analysts forecast that MSCI Inc will post 16.86 EPS for the current year.

MSCI Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a $2.05 dividend. This represents a $8.20 annualized dividend and a dividend yield of 1.5%. This is a boost from MSCI’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, February 13th. MSCI’s dividend payout ratio (DPR) 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.