MSCI Inc. (NYSE:MSCI) Director Holdings L.P. Valueact sold 75,000 shares of the stock in a transaction on Tuesday, September 20th. The shares were sold at an average price of $85.66, for a total value of $6,424,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Holdings L.P. Valueact also recently made the following trade(s):

  • On Wednesday, September 21st, Holdings L.P. Valueact sold 125,000 shares of MSCI stock. The shares were sold at an average price of $86.23, for a total value of $10,778,750.00.
  • On Monday, September 19th, Holdings L.P. Valueact sold 75,000 shares of MSCI stock. The shares were sold at an average price of $85.35, for a total value of $6,401,250.00.

Shares of MSCI Inc. (NYSE:MSCI) traded up 1.26% during trading on Wednesday, reaching $86.74. The company had a trading volume of 490,477 shares. The firm has a 50-day moving average of $87.06 and a 200 day moving average of $78.85. The firm has a market capitalization of $8.21 billion, a PE ratio of 35.46 and a beta of 1.02. MSCI Inc. has a 1-year low of $56.87 and a 1-year high of $90.79.

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MSCI (NYSE:MSCI) last issued its earnings results on Thursday, July 28th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.05. MSCI had a net margin of 22.60% and a return on equity of 34.95%. The company had revenue of $290.60 million for the quarter, compared to analyst estimates of $286.46 million. During the same period in the prior year, the business posted $0.56 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. Analysts expect that MSCI Inc. will post $2.92 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th were given a dividend of $0.28 per share. This is a positive change from MSCI’s previous quarterly dividend of $0.22. This represents a $1.12 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Thursday, August 11th. MSCI’s dividend payout ratio is presently 45.71%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Mason Street Advisors LLC bought a new position in shares of MSCI during the second quarter valued at $3,054,000. Schwab Charles Investment Management Inc. raised its position in shares of MSCI by 4.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 256,074 shares of the company’s stock valued at $19,749,000 after buying an additional 9,906 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of MSCI by 1.1% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,592 shares of the company’s stock valued at $2,128,000 after buying an additional 294 shares during the last quarter. Stifel Financial Corp raised its position in shares of MSCI by 14.6% in the second quarter. Stifel Financial Corp now owns 23,923 shares of the company’s stock valued at $1,846,000 after buying an additional 3,056 shares during the last quarter. Finally, Amalgamated Bank raised its position in shares of MSCI by 26.4% in the second quarter. Amalgamated Bank now owns 15,863 shares of the company’s stock valued at $1,366,000 after buying an additional 3,310 shares during the last quarter. Institutional investors own 95.32% of the company’s stock.

Several brokerages have issued reports on MSCI. Cantor Fitzgerald reaffirmed a “buy” rating on shares of MSCI in a research report on Friday, August 19th. Zacks Investment Research lowered MSCI from a “buy” rating to a “hold” rating in a report on Friday, August 5th. Finally, Credit Suisse Group AG reiterated a “buy” rating and set a $88.00 price objective on shares of MSCI in a report on Friday, July 29th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $80.50.

MSCI Company Profile

MSCI Inc (MSCI), together with its subsidiaries, offers content, applications and services to support the needs of institutional investors throughout their investment processes. The Company’s operating segment includes Index, Analytics and All Other segment. All Other segment comprises ESG and Real Estate segments.

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