MSCI Inc. (NYSE:MSCI) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its holdings in MSCI Inc. (NYSE:MSCIFree Report) by 1.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,789 shares of the technology company’s stock after purchasing an additional 93 shares during the period. Level Four Advisory Services LLC’s holdings in MSCI were worth $3,840,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MSCI. Optiver Holding B.V. acquired a new position in shares of MSCI during the third quarter worth $26,000. ORG Partners LLC boosted its position in shares of MSCI by 5,600.0% during the 3rd quarter. ORG Partners LLC now owns 57 shares of the technology company’s stock worth $29,000 after acquiring an additional 56 shares in the last quarter. Headinvest LLC purchased a new position in shares of MSCI in the 3rd quarter valued at about $30,000. American National Bank lifted its stake in MSCI by 1,300.0% during the fourth quarter. American National Bank now owns 70 shares of the technology company’s stock worth $40,000 after purchasing an additional 65 shares during the last quarter. Finally, First United Bank & Trust purchased a new stake in MSCI during the fourth quarter worth approximately $48,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Buying and Selling

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

MSCI Stock Performance

Shares of NYSE MSCI traded up $7.82 during midday trading on Friday, reaching $505.33. 878,543 shares of the company’s stock were exchanged, compared to its average volume of 1,063,311. MSCI Inc. has a 52-week low of $439.95 and a 52-week high of $617.39. The business’s fifty day moving average price is $517.77 and its two-hundred day moving average price is $535.73. The stock has a market capitalization of $40.03 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 2.58 and a beta of 1.09.

MSCI (NYSE:MSCIGet Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The technology company reported $3.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.44 by $0.08. The business had revenue of $680.00 million during the quarter, compared to analyst estimates of $685.47 million. MSCI had a net margin of 44.55% and a negative return on equity of 121.86%. The business’s revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.14 earnings per share. Analysts predict that MSCI Inc. will post 14.66 earnings per share for the current fiscal year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, May 16th. MSCI’s payout ratio is 43.69%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MSCI shares. UBS Group lowered their target price 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. Wolfe Research started coverage on shares of MSCI in a research note on Tuesday, March 26th. They issued a “peer perform” rating on the stock. StockNews.com downgraded shares of MSCI from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Bank of America raised MSCI from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $425.00 to $525.00 in a report on Tuesday, April 30th. Finally, Morgan Stanley reduced their price objective on MSCI from $671.00 to $615.00 and set an “overweight” rating for the company in a research note on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $570.53.

Read Our Latest Research Report on MSCI

About MSCI

(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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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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