CVA Family Office LLC Has $112,000 Stock Holdings in MSCI Inc. (NYSE:MSCI)

CVA Family Office LLC trimmed its position in MSCI Inc. (NYSE:MSCI) by 14.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233 shares of the technology company’s stock after selling 40 shares during the period. CVA Family Office LLC’s holdings in MSCI were worth $112,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in MSCI by 13,659.5% in the fourth quarter. International Assets Investment Management LLC now owns 10,182 shares of the technology company’s stock valued at $5,759,000 after purchasing an additional 10,108 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of MSCI by 7.3% during the fourth quarter. Arkadios Wealth Advisors now owns 749 shares of the technology company’s stock worth $424,000 after purchasing an additional 51 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in shares of MSCI during the fourth quarter worth about $268,000. Arlington Trust Co LLC lifted its holdings in MSCI by 69.3% in the fourth quarter. Arlington Trust Co LLC now owns 149 shares of the technology company’s stock worth $84,000 after buying an additional 61 shares during the period. Finally, Meeder Advisory Services Inc. lifted its holdings in MSCI by 2.0% in the fourth quarter. Meeder Advisory Services Inc. now owns 1,419 shares of the technology company’s stock worth $803,000 after buying an additional 28 shares during the period. 89.97% of the stock is owned by institutional investors.

MSCI Price Performance

Shares of MSCI stock traded down $1.72 during trading hours on Wednesday, hitting $524.39. The company had a trading volume of 335,674 shares, compared to its average volume of 584,263. The company’s 50-day moving average is $501.03 and its two-hundred day moving average is $523.86. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $617.39. The company has a market cap of $41.54 billion, a P/E ratio of 35.89, a price-to-earnings-growth ratio of 3.00 and a beta of 1.10.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, topping analysts’ consensus estimates of $3.55 by $0.09. The company had revenue of $707.90 million during the quarter, compared to the consensus estimate of $696.41 million. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. MSCI’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.26 EPS. Sell-side analysts expect that MSCI Inc. will post 14.78 EPS for the current year.

MSCI Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 16th will be given a dividend of $1.60 per share. The ex-dividend date is Friday, August 16th. This represents a $6.40 dividend on an annualized basis and a yield of 1.22%. MSCI’s dividend payout ratio (DPR) is 43.69%.

Analyst Ratings Changes

A number of brokerages have recently commented on MSCI. The Goldman Sachs Group boosted their price target on MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Redburn Atlantic raised shares of MSCI from a “neutral” rating to a “buy” rating and set a $485.00 target price for the company in a report on Monday, May 13th. UBS Group increased their price objective on shares of MSCI from $575.00 to $585.00 and gave the company a “buy” rating in a report on Tuesday, July 9th. Oppenheimer restated a “market perform” rating on shares of MSCI in a research report on Wednesday, April 24th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $638.00 target price on shares of MSCI in a research report on Wednesday, July 24th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $591.21.

MSCI Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.