MSCI (NYSE:MSCI) Shares Down 0%

MSCI Inc. (NYSE:MSCIGet Free Report)’s share price traded down 0% on Wednesday . The company traded as low as $488.06 and last traded at $488.06. 148,801 shares traded hands during trading, a decline of 74% from the average session volume of 576,323 shares. The stock had previously closed at $488.11.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group lowered their price objective on shares of MSCI from $615.00 to $526.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 24th. UBS Group decreased their price target on shares of MSCI from $700.00 to $575.00 and set a “buy” rating on the stock in a research report on Wednesday, April 24th. Wells Fargo & Company increased their price target on shares of MSCI from $615.00 to $660.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. StockNews.com downgraded shares of MSCI from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Finally, Bank of America upgraded shares of MSCI from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $425.00 to $525.00 in a research report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, MSCI presently has an average rating of “Moderate Buy” and a consensus target price of $570.53.

Check Out Our Latest Stock Report on MSCI

MSCI Stock Up 0.4 %

The company has a market capitalization of $38.80 billion, a PE ratio of 33.44, a PEG ratio of 2.51 and a beta of 1.09. The company’s 50 day moving average is $520.94 and its two-hundred day moving average is $536.15.

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

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be paid a dividend of $1.60 per share. The ex-dividend date is Thursday, May 16th. This represents a $6.40 annualized dividend and a yield of 1.31%. MSCI’s payout ratio is 43.69%.

Insider Activity at MSCI

In related news, insider Scott A. Crum sold 9,000 shares of the firm’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the completion of the transaction, the insider now directly owns 12,831 shares of the company’s stock, valued at $6,052,254.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other MSCI news, insider Scott A. Crum sold 9,000 shares of MSCI stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $471.69, for a total value of $4,245,210.00. Following the completion of the transaction, the insider now directly owns 12,831 shares of the company’s stock, valued at approximately $6,052,254.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Henry A. Fernandez acquired 13,000 shares of the company’s stock in a transaction on Thursday, April 25th. The stock was acquired at an average cost of $465.92 per share, with a total value of $6,056,960.00. Following the completion of the purchase, the chief executive officer now directly owns 327,479 shares in the company, valued at $152,579,015.68. The disclosure for this purchase can be found here. 3.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On MSCI

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of MSCI by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 8,719,381 shares of the technology company’s stock worth $4,886,777,000 after buying an additional 36,043 shares in the last quarter. Bamco Inc. NY boosted its stake in shares of MSCI by 0.7% during the 3rd quarter. Bamco Inc. NY now owns 2,260,105 shares of the technology company’s stock worth $1,159,615,000 after purchasing an additional 15,184 shares during the period. FMR LLC boosted its stake in shares of MSCI by 1.6% during the 3rd quarter. FMR LLC now owns 1,893,728 shares of the technology company’s stock worth $971,634,000 after purchasing an additional 30,528 shares during the period. Capital International Investors boosted its stake in shares of MSCI by 0.5% during the 1st quarter. Capital International Investors now owns 1,734,519 shares of the technology company’s stock worth $972,111,000 after purchasing an additional 9,304 shares during the period. Finally, Wellington Management Group LLP boosted its stake in shares of MSCI by 14.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,460,634 shares of the technology company’s stock worth $749,422,000 after purchasing an additional 179,508 shares during the period. 89.97% of the stock is owned by hedge funds and other institutional investors.

MSCI Company Profile

(Get 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.

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