AMP Capital Investors Ltd decreased its position in Msci Inc (NYSE:MSCI) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 103,479 shares of the technology company’s stock after selling 10,080 shares during the period. AMP Capital Investors Ltd owned 0.11% of Msci worth $13,094,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of MSCI. BlackRock Inc. boosted its holdings in Msci by 5.4% during the fourth quarter. BlackRock Inc. now owns 8,900,049 shares of the technology company’s stock worth $1,126,212,000 after buying an additional 456,004 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Msci by 72.3% during the fourth quarter. Renaissance Technologies LLC now owns 748,115 shares of the technology company’s stock worth $94,666,000 after buying an additional 313,894 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in Msci by 27.9% during the third quarter. Parametric Portfolio Associates LLC now owns 700,056 shares of the technology company’s stock worth $81,837,000 after buying an additional 152,644 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in Msci by 1,752.8% during the third quarter. Allianz Asset Management GmbH now owns 150,265 shares of the technology company’s stock worth $17,566,000 after buying an additional 142,155 shares during the last quarter. Finally, National Pension Service bought a new position in Msci during the fourth quarter worth about $13,610,000. Institutional investors and hedge funds own 92.13% of the company’s stock.
A number of equities analysts have issued reports on the company. UBS Group restated a “buy” rating and set a $177.00 target price (down previously from $180.00) on shares of Msci in a report on Friday, March 2nd. Barclays restated a “hold” rating and set a $150.00 target price on shares of Msci in a report on Friday, February 2nd. Morgan Stanley raised their target price on Msci from $135.00 to $146.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 31st. Cantor Fitzgerald restated a “buy” rating and set a $142.00 target price on shares of Msci in a report on Tuesday, January 30th. Finally, Zacks Investment Research upgraded Msci from a “hold” rating to a “buy” rating and set a $143.00 target price on the stock in a report on Thursday, January 4th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $153.33.
Msci (NYSE:MSCI) last released its quarterly earnings results on Thursday, February 1st. The technology company reported $1.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.16. The company had revenue of $334.80 million for the quarter, compared to analyst estimates of $333.68 million. Msci had a return on equity of 108.68% and a net margin of 23.86%. Msci’s revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.81 earnings per share. research analysts forecast 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 dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, February 15th. Msci’s dividend payout ratio is currently 41.30%.
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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