MSCI Inc. (NYSE:MSCI) Shares Acquired by Trivant Custom Portfolio Group LLC

Trivant Custom Portfolio Group LLC raised its position in MSCI Inc. (NYSE:MSCI) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,325 shares of the technology company’s stock after acquiring an additional 21 shares during the quarter. Trivant Custom Portfolio Group LLC’s holdings in MSCI were worth $1,995,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. HWG Holdings LP purchased a new stake in MSCI during the 2nd quarter worth approximately $27,000. LRI Investments LLC increased its stake in shares of MSCI by 120.0% in the third quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after buying an additional 24 shares during the last quarter. True Wealth Design LLC acquired a new stake in MSCI in the third quarter valued at $38,000. Ashton Thomas Securities LLC acquired a new position in MSCI during the 3rd quarter worth $40,000. Finally, Planning Capital Management Corp increased its position in shares of MSCI by 35.1% in the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares during the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and increased their price target for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Wolfe Research raised shares of MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. UBS Group lowered their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 target price for the company in a research note on Wednesday, October 9th. Finally, Morgan Stanley increased their price target on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $645.67.

Insider Buying and Selling

In other news, CEO Henry A. Fernandez bought 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the purchase, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This represents a 0.89 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 3.20% of the stock is owned by corporate insiders.

MSCI Stock Performance

NYSE:MSCI opened at $612.25 on Friday. The stock has a market cap of $47.98 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 2.61 and a beta of 1.11. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45. The business has a fifty day moving average of $603.57 and a 200-day moving average of $573.14.

MSCI (NYSE:MSCI) last announced its earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $0.09. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The firm had revenue of $724.70 million during the quarter, compared to analyst estimates of $716.15 million. During the same quarter in the prior year, the firm posted $3.45 EPS. MSCI’s revenue was up 15.9% compared to the same quarter last year. On average, equities research analysts predict that MSCI Inc. will post 14.99 EPS for the current year.

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a dividend of $1.60 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.05%. MSCI’s dividend payout ratio is presently 42.02%.

MSCI 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.