Motley Fool Wealth Management LLC reduced its stake in shares of MSCI Inc. (NYSE:MSCI – Free Report) by 3.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,210 shares of the technology company’s stock after selling 480 shares during the period. Motley Fool Wealth Management LLC’s holdings in MSCI were worth $8,461,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. LRI Investments LLC grew its position in 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 buying an additional 24 shares during the period. True Wealth Design LLC purchased a new stake in shares of MSCI during the 3rd quarter worth approximately $38,000. Compagnie Lombard Odier SCmA acquired a new stake in shares of MSCI in the 4th quarter worth approximately $41,000. Private Trust Co. NA increased its stake in MSCI by 35.1% in the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares in the last quarter. Finally, Y.D. More Investments Ltd raised its holdings in MSCI by 122.7% during the fourth quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company’s stock worth $59,000 after purchasing an additional 54 shares during the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at MSCI
In other MSCI news, CEO Henry A. Fernandez purchased 5,300 shares of MSCI stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the transaction, the chief executive officer now directly owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. This represents a 0.42 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.20% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on MSCI
MSCI Trading Up 1.5 %
Shares of NYSE:MSCI opened at $575.38 on Wednesday. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45. The stock’s 50-day moving average price is $581.43 and its two-hundred day moving average price is $588.84. The firm has a market cap of $44.68 billion, a price-to-earnings ratio of 40.92, a PEG ratio of 2.61 and a beta of 1.19.
MSCI (NYSE:MSCI – Get Free Report) last released its earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 in the prior year, the business earned $3.68 earnings per share. As a group, research analysts forecast that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.
MSCI Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $1.80 dividend. This is a positive change from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Friday, February 14th. MSCI’s dividend payout ratio (DPR) is 51.21%.
MSCI Company 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.
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