Public Employees Retirement Association of Colorado decreased its holdings in Msci Inc (NYSE:MSCI) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 309,632 shares of the technology company’s stock after selling 32,200 shares during the quarter. Public Employees Retirement Association of Colorado owned approximately 0.37% of Msci worth $67,422,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of MSCI. New England Research & Management Inc. acquired a new position in shares of Msci during the third quarter valued at about $267,000. SG Americas Securities LLC raised its holdings in shares of Msci by 8.6% during the third quarter. SG Americas Securities LLC now owns 12,358 shares of the technology company’s stock valued at $2,691,000 after purchasing an additional 975 shares during the period. First Trust Advisors LP raised its holdings in shares of Msci by 18.5% during the third quarter. First Trust Advisors LP now owns 143,197 shares of the technology company’s stock valued at $31,181,000 after purchasing an additional 22,324 shares during the period. Donaldson Capital Management LLC raised its holdings in shares of Msci by 18.5% during the third quarter. Donaldson Capital Management LLC now owns 1,215 shares of the technology company’s stock valued at $265,000 after purchasing an additional 190 shares during the period. Finally, Empowered Funds LLC raised its holdings in shares of Msci by 2.3% during the third quarter. Empowered Funds LLC now owns 5,233 shares of the technology company’s stock valued at $1,139,000 after purchasing an additional 120 shares during the period. 91.42% of the stock is currently owned by institutional investors.
In other news, Director Benjamin F. Dupont sold 8,000 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $238.51, for a total transaction of $1,908,080.00. Following the completion of the transaction, the director now directly owns 17,095 shares of the company’s stock, valued at approximately $4,077,328.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.10% of the stock is owned by corporate insiders.
Shares of MSCI traded down $1.68 on Friday, reaching $245.00. The company’s stock had a trading volume of 367,146 shares, compared to its average volume of 561,695. Msci Inc has a twelve month low of $134.28 and a twelve month high of $249.25. The stock has a market capitalization of $20.20 billion, a PE ratio of 45.79, a PEG ratio of 3.72 and a beta of 1.14. The firm has a fifty day moving average of $226.15 and a 200-day moving average of $229.46.
Msci (NYSE:MSCI) last posted its earnings results on Thursday, October 31st. The technology company reported $1.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.09. Msci had a net margin of 39.20% and a negative return on equity of 243.52%. The company had revenue of $394.25 million for the quarter, compared to analyst estimates of $387.79 million. During the same quarter in the prior year, the business posted $1.35 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. Equities research analysts forecast that Msci Inc will post 6.41 EPS for the current fiscal year.
The business also recently announced a dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Thursday, November 14th. Msci’s dividend payout ratio is currently 50.84%.
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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