Summit Trail Advisors LLC Has $640,000 Stock Holdings in MSCI Inc. (NYSE:MSCI)

Summit Trail Advisors LLC increased its stake in shares of MSCI Inc. (NYSE:MSCI) by 31.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,067 shares of the technology company’s stock after buying an additional 257 shares during the period. Summit Trail Advisors LLC’s holdings in MSCI were worth $640,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Savant Capital LLC grew its stake in shares of MSCI by 56.7% during the fourth quarter. Savant Capital LLC now owns 550 shares of the technology company’s stock valued at $330,000 after purchasing an additional 199 shares during the last quarter. Angeles Wealth Management LLC boosted its position in MSCI by 3.6% in the 4th quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company’s stock valued at $295,000 after buying an additional 17 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in MSCI by 5.3% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 64,475 shares of the technology company’s stock valued at $38,685,000 after buying an additional 3,220 shares during the last quarter. Quotient Wealth Partners LLC bought a new stake in shares of MSCI during the fourth quarter worth $205,000. Finally, Empowered Funds LLC lifted its stake in shares of MSCI by 26.5% during the fourth quarter. Empowered Funds LLC now owns 1,861 shares of the technology company’s stock valued at $1,117,000 after acquiring an additional 390 shares during the period. Institutional investors own 89.97% of the company’s stock.

MSCI Trading Down 1.0 %

Shares of MSCI stock opened at $577.72 on Wednesday. The stock’s fifty day simple moving average is $604.66 and its 200 day simple moving average is $585.99. The company has a market capitalization of $45.28 billion, a PE ratio of 41.09, a PEG ratio of 2.67 and a beta of 1.11. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $642.45.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, topping analysts’ consensus estimates of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same quarter last year, the company earned $3.68 EPS. Analysts predict that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Friday, February 14th. This is a boost from MSCI’s previous quarterly dividend of $1.60. MSCI’s dividend payout ratio is 51.21%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group lowered their price objective on MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Morgan Stanley lifted their price target on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Barclays dropped their price target 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. JPMorgan Chase & Co. reduced their price objective on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $649.23.

Insider Activity

In other news, CEO Henry A. Fernandez purchased 2,900 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now directly owns 330,379 shares in the company, valued at approximately $202,456,251.20. This trade represents a 0.89 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.