Compagnie Lombard Odier SCmA Invests $41,000 in MSCI Inc. (NYSE:MSCI)

Compagnie Lombard Odier SCmA purchased a new stake in MSCI Inc. (NYSE:MSCI) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 69 shares of the technology company’s stock, valued at approximately $41,000.

Other institutional investors also recently bought and sold shares of the company. Prime Capital Investment Advisors LLC boosted its stake in shares of MSCI by 30.0% in the third quarter. Prime Capital Investment Advisors LLC now owns 564 shares of the technology company’s stock worth $329,000 after acquiring an additional 130 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in MSCI by 30.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 174,982 shares of the technology company’s stock valued at $104,991,000 after purchasing an additional 41,346 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in MSCI by 4.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company’s stock worth $312,574,000 after purchasing an additional 23,050 shares during the last quarter. Mizuho Securities USA LLC grew its holdings in shares of MSCI by 339.6% during the third quarter. Mizuho Securities USA LLC now owns 26,834 shares of the technology company’s stock worth $15,642,000 after buying an additional 20,730 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in shares of MSCI by 176.2% in the third quarter. Integrated Wealth Concepts LLC now owns 1,580 shares of the technology company’s stock valued at $921,000 after buying an additional 1,008 shares during the last quarter. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. UBS Group dropped their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Royal Bank of Canada restated an “outperform” rating and issued a $675.00 price target on shares of MSCI in a research report on Thursday, January 30th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and increased their price target for the company from $617.00 to $723.00 in a report on Wednesday, December 18th. Barclays lowered their price objective on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $649.23.

MSCI Stock Performance

Shares of MSCI stock opened at $572.78 on Friday. The firm has a market cap of $44.89 billion, a P/E ratio of 40.74, a P/E/G ratio of 2.67 and a beta of 1.11. The firm’s 50 day moving average price is $602.42 and its 200-day moving average price is $586.05. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, topping analysts’ consensus estimates of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same quarter in the previous year, the business earned $3.68 EPS. As a group, research analysts predict that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $1.80 dividend. This is an increase from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a yield of 1.26%. The ex-dividend date is Friday, February 14th. MSCI’s payout ratio is currently 45.52%.

Insiders Place Their Bets

In related news, CEO Henry A. Fernandez acquired 2,900 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were acquired at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the transaction, the chief executive officer now owns 330,379 shares of the company’s stock, valued at $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.20% of the company’s stock.

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.