MSCI Inc $MSCI Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in shares of MSCI Inc (NYSE:MSCI) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,478 shares of the technology company’s stock after selling 1,100 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in MSCI were worth $10,028,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in MSCI by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 9,674,093 shares of the technology company’s stock worth $5,489,177,000 after buying an additional 165,851 shares during the last quarter. State Street Corp lifted its holdings in MSCI by 1.2% during the 3rd quarter. State Street Corp now owns 3,320,761 shares of the technology company’s stock worth $1,884,233,000 after buying an additional 39,450 shares during the last quarter. Bamco Inc. NY lifted its holdings in MSCI by 10.3% during the 3rd quarter. Bamco Inc. NY now owns 2,394,117 shares of the technology company’s stock worth $1,358,446,000 after buying an additional 223,784 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in MSCI by 36.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock worth $606,674,000 after buying an additional 282,859 shares during the last quarter. Finally, PineStone Asset Management Inc. lifted its holdings in MSCI by 4.1% during the 4th quarter. PineStone Asset Management Inc. now owns 1,000,942 shares of the technology company’s stock worth $574,270,000 after buying an additional 39,099 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Activity at MSCI

In related news, insider Alvise J. Munari sold 10,000 shares of the firm’s stock in a transaction that occurred 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 sale, the insider directly owned 23,548 shares in the company, valued at $13,941,357.92. This trade represents a 29.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer owned 22,544 shares in the company, valued at approximately $12,624,640. This represents a 1.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.76% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on MSCI shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $655.00 target price on shares of MSCI in a report on Wednesday, April 22nd. Weiss Ratings raised MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Bank of America started coverage on MSCI in a report on Tuesday, February 17th. They set a “buy” rating and a $700.00 target price on the stock. UBS Group increased their target price on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Morgan Stanley increased their target price on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $697.70.

MSCI Price Performance

MSCI opened at $643.49 on Tuesday. MSCI Inc has a 12 month low of $501.08 and a 12 month high of $644.68. The stock has a market cap of $46.85 billion, a P/E ratio of 36.75, a P/E/G ratio of 2.38 and a beta of 1.24. The stock’s 50 day moving average price is $571.76 and its 200 day moving average price is $567.47.

MSCI (NYSE:MSCI) last posted its earnings results on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating the consensus estimate of $4.38 by $0.17. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The firm had revenue of $850.80 million for the quarter, compared to analysts’ expectations of $830.91 million. During the same period last year, the firm earned $4.00 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. Equities analysts anticipate that MSCI Inc will post 19.62 EPS for the current year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $2.05 dividend. This represents a $8.20 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, May 15th. MSCI’s dividend payout ratio (DPR) is currently 46.83%.

MSCI Company 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.