MSCI Inc $MSCI Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its holdings in shares of MSCI Inc (NYSE:MSCIFree Report) by 4.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,301 shares of the technology company’s stock after selling 879 shares during the period. Boston Trust Walden Corp’s holdings in MSCI were worth $10,942,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in MSCI during the 4th quarter valued at about $528,560,000. Bamco Inc. NY increased its stake in shares of MSCI by 15.1% in the fourth quarter. Bamco Inc. NY now owns 2,755,747 shares of the technology company’s stock valued at $1,581,055,000 after purchasing an additional 361,630 shares during the period. Banque Pictet & Cie SA raised its holdings in shares of MSCI by 103.3% during the fourth quarter. Banque Pictet & Cie SA now owns 523,035 shares of the technology company’s stock valued at $300,081,000 after buying an additional 265,750 shares during the last quarter. Generation Investment Management LLP bought a new stake in shares of MSCI during the fourth quarter valued at approximately $130,380,000. Finally, T. Rowe Price Investment Management Inc. boosted its position in shares of MSCI by 13.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,446,291 shares of the technology company’s stock worth $829,781,000 after buying an additional 168,405 shares during the period. 89.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Raymond James Financial reissued a “strong-buy” rating and issued a $730.00 price objective on shares of MSCI in a report on Tuesday, April 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $655.00 target price on shares of MSCI in a research note on Wednesday, April 22nd. Wells Fargo & Company upgraded MSCI from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $650.00 to $700.00 in a research report on Wednesday, May 27th. UBS Group increased their price target on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Finally, Morgan Stanley raised their price target on MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, MSCI currently has a consensus rating of “Buy” and a consensus price target of $697.00.

Read Our Latest Analysis on MSCI

Insiders Place Their Bets

In other news, insider Alvise J. Munari sold 10,000 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the completion of the sale, the insider directly owned 23,548 shares of the company’s stock, valued at $13,941,357.92. This represents a 29.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.76% of the stock is currently owned by company insiders.

MSCI Stock Down 0.0%

Shares of NYSE:MSCI opened at $603.00 on Friday. The company’s fifty day moving average is $591.86 and its two-hundred day moving average is $573.75. The company has a market cap of $43.90 billion, a P/E ratio of 34.44, a price-to-earnings-growth ratio of 2.28 and a beta of 1.24. MSCI Inc has a 12-month low of $501.08 and a 12-month high of $644.68.

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

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 15th. MSCI’s payout ratio is 46.83%.

MSCI Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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