BLI Banque de Luxembourg Investments Sells 3,460 Shares of MSCI Inc $MSCI

BLI Banque de Luxembourg Investments decreased its holdings in MSCI Inc (NYSE:MSCI) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,240 shares of the technology company’s stock after selling 3,460 shares during the period. BLI Banque de Luxembourg Investments’ holdings in MSCI were worth $14,692,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MSCI. Mowery & Schoenfeld Wealth Management LLC lifted its holdings in shares of MSCI by 341.7% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock valued at $30,000 after acquiring an additional 41 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new position in shares of MSCI in the 4th quarter valued at about $30,000. Eagle Bay Advisors LLC bought a new position in shares of MSCI in the 4th quarter valued at about $34,000. Elyxium Wealth LLC bought a new position in shares of MSCI in the 4th quarter valued at about $34,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of MSCI in the 2nd quarter valued at about $36,000. Institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on MSCI. Morgan Stanley boosted their target price on MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Raymond James Financial restated a “strong-buy” rating and set a $730.00 price objective on shares of MSCI in a report on Tuesday, April 21st. Weiss Ratings upgraded MSCI from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 1st. Wells Fargo & Company upgraded MSCI from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $650.00 to $700.00 in a report on Wednesday, May 27th. Finally, UBS Group boosted their price objective on MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to data from MarketBeat.com, MSCI currently has a consensus rating of “Buy” and a consensus price target of $697.70.

MSCI Price Performance

Shares of MSCI opened at $602.98 on Tuesday. The firm has a market capitalization of $43.90 billion, a PE ratio of 34.44, a price-to-earnings-growth ratio of 2.32 and a beta of 1.24. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $644.68. The company’s fifty day moving average price is $579.36 and its 200-day moving average price is $569.26.

MSCI (NYSE:MSCI) last posted its quarterly 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 net margin of 40.74% and a negative return on equity of 65.48%. The company had revenue of $850.80 million for the quarter, compared to analyst estimates of $830.91 million. During the same period in the prior year, the company earned $4.00 earnings per share. The firm’s revenue was up 14.1% on a year-over-year basis. As a group, research analysts anticipate that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Announces Dividend

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

Insider Transactions at MSCI

In related news, insider Alvise J. Munari sold 10,000 shares of the firm’s stock in a transaction dated 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 transaction, the insider directly owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This trade represents a 29.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Andrew C. Wiechmann sold 450 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total transaction of $252,000.00. Following the completion of the sale, the chief financial officer owned 22,544 shares of the company’s stock, valued at approximately $12,624,640. The trade was a 1.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.76% of the company’s stock.

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.