Copperwynd Financial LLC Raises Stock Holdings in MSCI Inc. (NYSE:MSCI)

Copperwynd Financial LLC boosted its position in shares of MSCI Inc. (NYSE:MSCI) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,682 shares of the technology company’s stock after purchasing an additional 148 shares during the quarter. Copperwynd Financial LLC’s holdings in MSCI were worth $1,009,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Picton Mahoney Asset Management purchased a new position in MSCI during the 4th quarter worth $60,000. LBP AM SA purchased a new position in MSCI during the 4th quarter worth $8,122,000. Avantax Advisory Services Inc. increased its holdings in MSCI by 4.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 2,123 shares of the technology company’s stock worth $1,274,000 after purchasing an additional 98 shares during the period. Hollencrest Capital Management purchased a new position in MSCI during the 4th quarter worth $100,000. Finally, EverSource Wealth Advisors LLC increased its holdings in MSCI by 11.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 406 shares of the technology company’s stock worth $243,000 after purchasing an additional 43 shares during the period. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Henry A. Fernandez purchased 5,300 shares of the stock in a transaction on Monday, February 24th. The stock was bought at an average price of $574.51 per share, with a total value of $3,044,903.00. Following the transaction, the chief executive officer now owns 1,269,951 shares in the company, valued at $729,599,549.01. The trade was a 0.42 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.20% of the stock is currently owned by insiders.

MSCI Price Performance

MSCI stock opened at $554.92 on Friday. The business has a fifty day moving average price of $584.61 and a 200-day moving average price of $589.06. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The stock has a market capitalization of $43.09 billion, a price-to-earnings ratio of 39.47, a PEG ratio of 2.61 and a beta of 1.19.

MSCI (NYSE:MSCI) last issued 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 company posted $3.68 earnings per share. On average, equities research analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $7.20 dividend on an annualized basis and a yield of 1.30%. This is a boost from MSCI’s previous quarterly dividend of $1.60. MSCI’s payout ratio is currently 51.21%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MSCI shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $675.00 target price on shares of MSCI in a research report on Thursday, January 30th. Barclays dropped their target price on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wolfe Research raised MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and increased their target price for the company from $617.00 to $723.00 in a research report on Wednesday, December 18th. Finally, Morgan Stanley increased their target price on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $649.23.

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.