Livforsakringsbolaget Skandia Omsesidigt Has $58,000 Stock Holdings in MSCI Inc. (NYSE:MSCI)

Livforsakringsbolaget Skandia Omsesidigt trimmed its position in shares of MSCI Inc. (NYSE:MSCI) by 45.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121 shares of the technology company’s stock after selling 100 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in MSCI were worth $58,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in MSCI by 13,659.5% during 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 acquiring an additional 10,108 shares during the period. Prime Capital Investment Advisors LLC acquired a new position in shares of MSCI during the fourth quarter worth approximately $268,000. RFG Advisory LLC boosted its position in shares of MSCI by 21.9% in the fourth quarter. RFG Advisory LLC now owns 1,041 shares of the technology company’s stock valued at $589,000 after acquiring an additional 187 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of MSCI by 8.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 45,136 shares of the technology company’s stock worth $25,531,000 after acquiring an additional 3,531 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new position in MSCI during the fourth quarter worth $57,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

MSCI Price Performance

MSCI traded down $0.11 during mid-day trading on Monday, hitting $533.72. The stock had a trading volume of 243,214 shares, compared to its average volume of 577,954. The stock’s fifty day simple moving average is $503.32 and its 200-day simple moving average is $523.16. The firm has a market capitalization of $42.28 billion, a price-to-earnings ratio of 36.36, a price-to-earnings-growth ratio of 3.00 and a beta of 1.10. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $617.39.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, topping the consensus estimate of $3.55 by $0.09. MSCI had a negative return on equity of 143.09% and a net margin of 43.86%. The business had revenue of $707.90 million for the quarter, compared to the consensus estimate of $696.41 million. During the same quarter last year, the business posted $3.26 EPS. The firm’s revenue was up 14.0% compared to the same quarter last year. As a group, research analysts expect that MSCI Inc. will post 14.78 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Friday, August 16th. This represents a $6.40 dividend on an annualized basis and a yield of 1.20%. MSCI’s payout ratio is 43.69%.

Analyst Ratings Changes

A number of brokerages recently commented on MSCI. Deutsche Bank Aktiengesellschaft upgraded MSCI from a “hold” rating to a “buy” rating and cut their target price for the company from $613.00 to $569.00 in a research note on Wednesday, April 24th. Morgan Stanley raised their price objective on shares of MSCI from $615.00 to $640.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $485.00 target price on the stock in a report on Monday, May 13th. Argus raised their price target on MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a report on Friday, July 26th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a research note on Wednesday, July 24th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $591.21.

MSCI Company 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.