Dupont Capital Management Corp raised its position in Msci Inc (NYSE:MSCI) by 21.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,848 shares of the technology company’s stock after purchasing an additional 5,827 shares during the quarter. Dupont Capital Management Corp’s holdings in Msci were worth $5,828,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in shares of Msci during the second quarter worth about $114,000. Smithfield Trust Co. raised its position in shares of Msci by 2,573.3% during the second quarter. Smithfield Trust Co. now owns 802 shares of the technology company’s stock worth $133,000 after acquiring an additional 772 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of Msci by 8,437.5% during the second quarter. Advisors Asset Management Inc. now owns 70,776 shares of the technology company’s stock worth $135,000 after acquiring an additional 69,947 shares during the last quarter. Harvest Fund Management Co. Ltd raised its position in shares of Msci by 113.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 800 shares of the technology company’s stock worth $142,000 after acquiring an additional 426 shares during the last quarter. Finally, Cerebellum GP LLC bought a new position in shares of Msci during the third quarter worth about $147,000. Hedge funds and other institutional investors own 92.03% of the company’s stock.
A number of equities analysts have recently issued reports on the company. Barclays lowered their price objective on Msci from $175.00 to $165.00 and set an “equal weight” rating for the company in a research report on Friday, November 2nd. BMO Capital Markets lowered their price objective on Msci from $180.00 to $178.00 and set a “buy” rating for the company in a research report on Monday, November 5th. Zacks Investment Research upgraded Msci from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Morgan Stanley raised their price objective on Msci from $168.00 to $174.00 and gave the stock an “equal weight” rating in a research report on Friday, August 3rd. Finally, Cantor Fitzgerald raised their price objective on Msci to $192.00 and gave the stock an “overweight” rating in a research report on Friday, August 3rd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $175.29.
Shares of MSCI opened at $149.79 on Friday. Msci Inc has a 1 year low of $123.80 and a 1 year high of $184.22. The company has a quick ratio of 2.65, a current ratio of 2.75 and a debt-to-equity ratio of 6.80. The stock has a market cap of $13.37 billion, a PE ratio of 29.72, a P/E/G ratio of 2.88 and a beta of 1.09.
Msci (NYSE:MSCI) last released its earnings results on Thursday, November 1st. The technology company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.29 by $0.06. Msci had a return on equity of 121.45% and a net margin of 29.87%. The business had revenue of $357.90 million during the quarter, compared to analysts’ expectations of $359.91 million. During the same quarter last year, the firm posted $1.00 earnings per share. The firm’s revenue was up 11.1% on a year-over-year basis. On average, research analysts anticipate that Msci Inc will post 5.27 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 30th. Investors of record on Friday, November 16th will be paid a dividend of $0.58 per share. The ex-dividend date is Thursday, November 15th. This represents a $2.32 annualized dividend and a yield of 1.55%. Msci’s dividend payout ratio is currently 58.29%.
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Msci Company Profile
MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use 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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