Wilson Asset Management International PTY Ltd. Has $20.08 Million Stake in MSCI Inc $MSCI

Wilson Asset Management International PTY Ltd. increased its holdings in MSCI Inc (NYSE:MSCI) by 11.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,819 shares of the technology company’s stock after buying an additional 3,587 shares during the period. MSCI comprises approximately 4.9% of Wilson Asset Management International PTY Ltd.’s investment portfolio, making the stock its 8th biggest holding. Wilson Asset Management International PTY Ltd.’s holdings in MSCI were worth $20,082,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ritholtz Wealth Management increased its position in shares of MSCI by 23.2% during the first quarter. Ritholtz Wealth Management now owns 812 shares of the technology company’s stock worth $459,000 after purchasing an additional 153 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in shares of MSCI by 336.4% during the first quarter. Golden State Wealth Management LLC now owns 96 shares of the technology company’s stock valued at $54,000 after buying an additional 74 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of MSCI by 10.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,882 shares of the technology company’s stock valued at $5,123,000 after buying an additional 809 shares during the last quarter. Crestwood Advisors Group LLC grew its holdings in shares of MSCI by 6.5% during the first quarter. Crestwood Advisors Group LLC now owns 524 shares of the technology company’s stock valued at $296,000 after buying an additional 32 shares during the last quarter. Finally, waypoint wealth counsel purchased a new stake in shares of MSCI during the second quarter valued at $355,000. 89.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial raised shares of MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price objective on the stock in a report on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of MSCI in a report on Wednesday, October 8th. Wells Fargo & Company lowered their price target on shares of MSCI from $578.00 to $533.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 23rd. UBS Group upped their price target on shares of MSCI from $655.00 to $700.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Finally, Seaport Res Ptn raised shares of MSCI to a “strong-buy” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $649.70.

MSCI Stock Up 0.3%

MSCI stock opened at $548.45 on Tuesday. The company’s 50-day simple moving average is $563.54 and its 200-day simple moving average is $559.11. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45. The firm has a market cap of $42.43 billion, a P/E ratio of 36.32, a PEG ratio of 2.67 and a beta of 1.33.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, July 22nd. The technology company reported $4.17 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.05. MSCI had a net margin of 39.46% and a negative return on equity of 143.13%. The firm had revenue of $772.68 million during the quarter, compared to the consensus estimate of $763.06 million. During the same quarter in the prior year, the firm earned $3.64 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were given a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 15th. MSCI’s dividend payout ratio is 47.68%.

Insider Buying and Selling at MSCI

In related news, CEO Henry A. Fernandez purchased 9,916 shares of MSCI stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average price of $544.70 per share, for a total transaction of $5,401,245.20. Following the transaction, the chief executive officer directly owned 1,279,867 shares in the company, valued at approximately $697,143,554.90. This trade represents a 0.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In the last three months, insiders have bought 12,400 shares of company stock worth $6,731,599. 3.31% of the stock is owned by corporate insiders.

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.