MSCI Inc. (NYSE:MSCI) Stock Holdings Increased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB raised its holdings in shares of MSCI Inc. (NYSE:MSCI) by 6.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,559 shares of the technology company’s stock after acquiring an additional 286 shares during the period. E. Ohman J or Asset Management AB’s holdings in MSCI were worth $2,578,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of MSCI by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company’s stock worth $312,574,000 after buying an additional 23,050 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its stake in shares of MSCI by 43.4% in the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 78,111 shares of the technology company’s stock worth $46,867,000 after buying an additional 23,649 shares in the last quarter. Rathbones Group PLC raised its stake in shares of MSCI by 3.7% in the 4th quarter. Rathbones Group PLC now owns 59,741 shares of the technology company’s stock worth $35,845,000 after buying an additional 2,123 shares in the last quarter. Fiera Capital Corp raised its stake in shares of MSCI by 4.5% in the 4th quarter. Fiera Capital Corp now owns 1,148,615 shares of the technology company’s stock worth $689,180,000 after buying an additional 49,679 shares in the last quarter. Finally, NorthRock Partners LLC bought a new stake in shares of MSCI in the 4th quarter worth $556,000. Institutional investors own 89.97% of the company’s stock.

Insider Activity

In other news, COO Cd Baer Pettit sold 5,000 shares of MSCI stock in a transaction on Friday, April 4th. The stock was sold at an average price of $524.25, for a total transaction of $2,621,250.00. Following the transaction, the chief operating officer now owns 294,787 shares in the company, valued at approximately $154,542,084.75. The trade was a 1.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.31% of the stock is currently owned by corporate insiders.

MSCI Stock Up 0.8%

Shares of NYSE MSCI opened at $568.66 on Friday. The stock has a market capitalization of $44.00 billion, a price-to-earnings ratio of 40.45, a PEG ratio of 2.61 and a beta of 1.33. The stock’s fifty day simple moving average is $550.74 and its 200 day simple moving average is $576.60. MSCI Inc. has a 52-week low of $475.32 and a 52-week high of $642.45.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, beating analysts’ consensus estimates of $3.88 by $0.12. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. The business had revenue of $745.83 million for the quarter, compared to the consensus estimate of $746.45 million. As a group, analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were issued a dividend of $1.80 per share. The ex-dividend date was Friday, May 16th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.27%. MSCI’s dividend payout ratio is 49.48%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MSCI shares. JPMorgan Chase & Co. dropped their price objective on MSCI from $680.00 to $650.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Evercore ISI dropped their price objective on MSCI from $673.00 to $631.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $675.00 price objective on shares of MSCI in a research note on Wednesday, April 16th. Wells Fargo & Company decreased their target price on MSCI from $532.00 to $530.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. Finally, Bank of America initiated coverage on MSCI in a report on Thursday, April 10th. They issued a “neutral” rating and a $585.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, MSCI currently has an average rating of “Moderate Buy” and an average target price of $645.36.

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.