Goldman Sachs Group Inc. increased its position in shares of Msci Inc (NYSE:MSCI) by 26.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,321,578 shares of the technology company’s stock after acquiring an additional 276,026 shares during the period. Goldman Sachs Group Inc. owned about 1.47% of Msci worth $167,233,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in the stock. Baldwin Brothers Inc. MA raised its holdings in Msci by 3.3% during the fourth quarter. Baldwin Brothers Inc. MA now owns 12,060 shares of the technology company’s stock valued at $1,526,000 after buying an additional 380 shares in the last quarter. Thrivent Financial For Lutherans raised its holdings in Msci by 2.0% during the fourth quarter. Thrivent Financial For Lutherans now owns 19,584 shares of the technology company’s stock valued at $2,478,000 after buying an additional 384 shares in the last quarter. Profund Advisors LLC raised its holdings in Msci by 3.7% during the fourth quarter. Profund Advisors LLC now owns 11,041 shares of the technology company’s stock valued at $1,397,000 after buying an additional 396 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Msci by 1.6% during the third quarter. CIBC Asset Management Inc now owns 29,574 shares of the technology company’s stock valued at $3,457,000 after buying an additional 468 shares in the last quarter. Finally, Texas Yale Capital Corp. raised its holdings in Msci by 4.8% during the third quarter. Texas Yale Capital Corp. now owns 10,515 shares of the technology company’s stock valued at $1,229,000 after buying an additional 477 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.
Several equities analysts have weighed in on MSCI shares. Cantor Fitzgerald raised their target price on Msci to $163.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. UBS Group reaffirmed a “buy” rating and issued a $177.00 price target (down from $180.00) on shares of Msci in a research report on Friday, March 2nd. Zacks Investment Research raised Msci from a “hold” rating to a “buy” rating and set a $143.00 price target on the stock in a research report on Thursday, January 4th. Barclays reaffirmed a “hold” rating and issued a $135.00 price target on shares of Msci in a research report on Tuesday, December 19th. Finally, Morgan Stanley raised their price target on Msci from $135.00 to $146.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 31st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Msci presently has an average rating of “Buy” and a consensus target price of $153.33.
Msci (NYSE:MSCI) last issued its quarterly earnings results on Thursday, February 1st. The technology company reported $1.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.16. The company had revenue of $334.80 million for the quarter, compared to the consensus estimate of $333.68 million. Msci had a return on equity of 108.68% and a net margin of 23.86%. The firm’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. sell-side analysts predict that Msci Inc will post 5.41 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, February 16th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, February 15th. Msci’s dividend payout ratio is currently 45.78%.
MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
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