Catalyst Funds Management Pty Ltd Takes $666,000 Position in MSCI Inc $MSCI

Catalyst Funds Management Pty Ltd acquired a new stake in MSCI Inc (NYSE:MSCI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,160 shares of the technology company’s stock, valued at approximately $666,000.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of MSCI in the 3rd quarter valued at approximately $28,000. Mowery & Schoenfeld Wealth Management LLC grew its position in MSCI by 341.7% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock worth $30,000 after acquiring an additional 41 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in MSCI during the 4th quarter worth approximately $34,000. Elyxium Wealth LLC bought a new stake in MSCI during the 4th quarter worth approximately $34,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in MSCI during the 2nd quarter worth approximately $36,000. 89.97% of the stock is currently owned by institutional investors.

MSCI Stock Performance

Shares of MSCI opened at $588.97 on Monday. The firm has a market capitalization of $42.88 billion, a price-to-earnings ratio of 33.64, a PEG ratio of 2.22 and a beta of 1.24. The business’s fifty day moving average price is $564.26 and its two-hundred day moving average price is $565.98. MSCI Inc has a 52 week low of $501.08 and a 52 week high of $626.28.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. The company had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.00 EPS. As a group, research analysts forecast that MSCI Inc will post 19.62 EPS for the current year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $2.05 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio is 46.83%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MSCI. UBS Group increased their price target on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Morgan Stanley increased their price target on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Barclays restated an “overweight” rating on shares of MSCI in a research report on Thursday, January 29th. Raymond James Financial restated a “strong-buy” rating and set a $730.00 price target on shares of MSCI in a research report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $715.00 price target on shares of MSCI in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, MSCI presently has an average rating of “Buy” and an average target price of $692.70.

Insiders Place Their Bets

In other news, insider Alvise J. Munari sold 10,000 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $592.04, for a total value of $5,920,400.00. Following the transaction, the insider owned 23,548 shares of the company’s stock, valued at $13,941,357.92. This represents a 29.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Andrew C. Wiechmann sold 450 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the transaction, the chief financial officer directly owned 22,544 shares in the company, valued at approximately $12,624,640. This trade represents a 1.96% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 3.76% of the company’s stock.

MSCI Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.