Aperio Group LLC lifted its stake in shares of Msci Inc (NYSE:MSCI) by 15.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,200 shares of the technology company’s stock after buying an additional 2,774 shares during the period. Aperio Group LLC’s holdings in Msci were worth $3,019,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Virtue Capital Management LLC acquired a new stake in Msci in the fourth quarter valued at $127,000. Assetmark Inc. grew its holdings in Msci by 480.1% during the 4th quarter. Assetmark Inc. now owns 1,079 shares of the technology company’s stock worth $137,000 after acquiring an additional 893 shares during the period. Atria Investments LLC acquired a new stake in Msci during the 1st quarter worth about $202,000. Chicago Equity Partners LLC acquired a new stake in Msci during the 1st quarter worth about $208,000. Finally, BigSur Wealth Management LLC acquired a new stake in Msci during the 1st quarter worth about $224,000. Institutional investors own 92.49% of the company’s stock.
NYSE MSCI traded up $0.15 during trading hours on Thursday, hitting $172.35. The company’s stock had a trading volume of 603,385 shares, compared to its average volume of 857,640. Msci Inc has a 52 week low of $100.84 and a 52 week high of $174.14. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 43.30, a PEG ratio of 3.13 and a beta of 0.86. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.06 and a current ratio of 2.06.
Msci (NYSE:MSCI) last announced its quarterly earnings results on Thursday, May 3rd. The technology company reported $1.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.05. Msci had a net margin of 26.14% and a return on equity of 109.18%. The business had revenue of $351.32 million for the quarter, compared to analysts’ expectations of $349.01 million. During the same quarter last year, the firm earned $0.88 EPS. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. sell-side analysts predict that Msci Inc will post 5.32 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 31st. Shareholders of record on Friday, May 18th were paid a $0.38 dividend. The ex-dividend date was Thursday, May 17th. This represents a $1.52 annualized dividend and a yield of 0.88%. Msci’s dividend payout ratio (DPR) is 38.19%.
MSCI has been the subject of a number of recent analyst reports. UBS Group reiterated a “buy” rating and set a $177.00 price target (down from $180.00) on shares of Msci in a report on Friday, March 2nd. Zacks Investment Research downgraded Msci from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 5th. ValuEngine raised shares of Msci from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Cantor Fitzgerald reissued a “buy” rating and set a $163.00 price objective on shares of Msci in a research report on Thursday, May 3rd. Finally, Morgan Stanley increased their price objective on shares of Msci from $146.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Friday, May 4th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $157.33.
In other Msci news, insider Richard J. Napolitano sold 3,362 shares of the stock in a transaction dated Monday, May 7th. The shares were sold at an average price of $154.75, for a total value of $520,269.50. Following the completion of the sale, the insider now owns 12,612 shares in the company, valued at approximately $1,951,707. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.36% of the company’s stock.
Msci Company Profile
MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
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