JFS Wealth Advisors LLC Acquires 39 Shares of MSCI Inc. (NYSE:MSCI)

JFS Wealth Advisors LLC lifted its holdings in shares of MSCI Inc. (NYSE:MSCIFree Report) by 28.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175 shares of the technology company’s stock after acquiring an additional 39 shares during the period. JFS Wealth Advisors LLC’s holdings in MSCI were worth $99,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Schechter Investment Advisors LLC purchased a new stake in MSCI in the 3rd quarter valued at $434,000. Bleakley Financial Group LLC lifted its position in shares of MSCI by 6.8% during the fourth quarter. Bleakley Financial Group LLC now owns 2,340 shares of the technology company’s stock valued at $1,324,000 after purchasing an additional 148 shares in the last quarter. Nordea Investment Management AB boosted its holdings in MSCI by 19.2% during the fourth quarter. Nordea Investment Management AB now owns 218,623 shares of the technology company’s stock worth $124,786,000 after purchasing an additional 35,277 shares during the last quarter. International Assets Investment Management LLC grew its position in MSCI by 13,659.5% in the 4th quarter. International Assets Investment Management LLC now owns 10,182 shares of the technology company’s stock worth $5,759,000 after purchasing an additional 10,108 shares in the last quarter. Finally, Alphinity Investment Management Pty Ltd increased its stake in MSCI by 3.0% in the 3rd quarter. Alphinity Investment Management Pty Ltd now owns 430,676 shares of the technology company’s stock valued at $220,971,000 after buying an additional 12,495 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Price Performance

MSCI stock traded up $2.66 during mid-day trading on Friday, reaching $485.16. The stock had a trading volume of 544,655 shares, compared to its average volume of 1,056,462. The company has a market capitalization of $38.43 billion, a price-to-earnings ratio of 33.12, a PEG ratio of 2.51 and a beta of 1.09. The company has a 50-day moving average price of $523.64 and a two-hundred day moving average price of $535.32. MSCI Inc. has a one year low of $439.95 and a one year high of $617.39.

MSCI (NYSE:MSCIGet Free Report) last released its quarterly earnings data on Tuesday, April 23rd. The technology company reported $3.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.08. The business had revenue of $680.00 million for the quarter, compared to analysts’ expectations of $685.47 million. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The firm’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the firm posted $3.14 EPS. On average, equities research analysts anticipate that MSCI Inc. will post 14.66 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.32%. MSCI’s dividend payout ratio (DPR) is currently 43.69%.

Insider Buying and Selling

In other MSCI news, COO Cd Baer Pettit purchased 7,500 shares of MSCI stock in a transaction dated Thursday, April 25th. The stock was purchased at an average price of $459.41 per share, with a total value of $3,445,575.00. Following the transaction, the chief operating officer now directly owns 291,038 shares of the company’s stock, valued at $133,705,767.58. The purchase was disclosed in a document filed with the SEC, which is available through this link. In other news, CEO Henry A. Fernandez bought 13,000 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The stock was bought at an average price of $465.92 per share, with a total value of $6,056,960.00. Following the acquisition, the chief executive officer now owns 327,479 shares of the company’s stock, valued at approximately $152,579,015.68. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Cd Baer Pettit purchased 7,500 shares of the firm’s stock in a transaction on Thursday, April 25th. The shares were acquired at an average cost of $459.41 per share, for a total transaction of $3,445,575.00. Following the completion of the acquisition, the chief operating officer now owns 291,038 shares of the company’s stock, valued at $133,705,767.58. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Bank of America raised MSCI from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $425.00 to $525.00 in a research report on Tuesday, April 30th. Barclays reduced their price objective on MSCI from $700.00 to $600.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th. Redburn Atlantic lowered shares of MSCI from a “neutral” rating to a “sell” rating and cut their price target for the company from $620.00 to $470.00 in a research report on Tuesday, February 20th. Wells Fargo & Company boosted their price target on MSCI from $615.00 to $660.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. Finally, The Goldman Sachs Group cut their price objective on MSCI from $615.00 to $526.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 24th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $569.53.

Check Out Our Latest Stock Analysis on MSCI

MSCI Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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