Nvwm LLC Has $1.06 Million Position in MSCI Inc. (NYSE:MSCI)

Nvwm LLC increased its holdings in MSCI Inc. (NYSE:MSCI) by 3,581.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,767 shares of the technology company’s stock after purchasing an additional 1,719 shares during the period. Nvwm LLC’s holdings in MSCI were worth $1,060,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LRI Investments LLC lifted its position in shares of MSCI by 120.0% during the third quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after purchasing an additional 24 shares in the last quarter. True Wealth Design LLC bought a new stake in shares of MSCI during the third quarter worth approximately $38,000. Ashton Thomas Securities LLC acquired a new position in MSCI in the third quarter valued at approximately $40,000. Planning Capital Management Corp boosted its stake in MSCI by 35.1% in the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after acquiring an additional 20 shares during the last quarter. Finally, Private Trust Co. NA raised its position in shares of MSCI by 35.1% during the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MSCI. Morgan Stanley boosted their price objective on shares of MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Barclays reduced their target price on shares of MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $675.00 price objective on shares of MSCI in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, The Goldman Sachs Group upgraded shares of MSCI from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $617.00 to $723.00 in a research note on Wednesday, December 18th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $649.23.

MSCI Stock Performance

MSCI opened at $584.69 on Wednesday. MSCI Inc. has a 52-week low of $439.95 and a 52-week high of $642.45. The firm has a market cap of $45.82 billion, a P/E ratio of 41.59, a price-to-earnings-growth ratio of 2.72 and a beta of 1.11. The business’s fifty day moving average is $606.59 and its 200-day moving average is $584.53.

MSCI (NYSE:MSCI) last released its earnings results on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. During the same period last year, the company posted $3.68 EPS. On average, research analysts predict that MSCI Inc. will post 16.85 earnings per share for the current fiscal year.

MSCI Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $1.80 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a yield of 1.23%. MSCI’s dividend payout ratio is presently 45.52%.

Insider Buying and Selling at MSCI

In other MSCI news, CEO Henry A. Fernandez acquired 2,900 shares of MSCI stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost 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 document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.20% of the company’s stock.

About MSCI

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.