Quantbot Technologies LP Sells 36,681 Shares of MSCI Inc $MSCI

Quantbot Technologies LP cut its holdings in MSCI Inc (NYSE:MSCI) by 89.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,115 shares of the technology company’s stock after selling 36,681 shares during the period. Quantbot Technologies LP’s holdings in MSCI were worth $2,335,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Pinnacle Bancorp Inc. bought a new stake in shares of MSCI during the 3rd quarter valued at $27,000. Root Financial Partners LLC bought a new position in MSCI in the 3rd quarter worth $28,000. Strategic Wealth Investment Group LLC purchased a new position in MSCI during the second quarter valued at $36,000. Westside Investment Management Inc. grew its holdings in MSCI by 100.0% during the third quarter. Westside Investment Management Inc. now owns 68 shares of the technology company’s stock valued at $38,000 after purchasing an additional 34 shares during the period. Finally, Eastern Bank purchased a new stake in MSCI in the third quarter worth about $50,000. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Insider Buying and Selling

In other MSCI news, CEO Henry A. Fernandez purchased 800 shares of MSCI stock in a transaction that occurred on Tuesday, February 17th. The shares were bought at an average price of $518.95 per share, for a total transaction of $415,160.00. Following the completion of the transaction, the chief executive officer owned 1,493,847 shares of the company’s stock, valued at approximately $775,231,900.65. This trade represents a 0.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Andrew C. Wiechmann sold 450 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $550.00, for a total transaction of $247,500.00. Following the sale, the chief financial officer directly owned 21,639 shares in the company, valued at approximately $11,901,450. The trade was a 2.04% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders acquired 19,300 shares of company stock worth $10,261,957. Corporate insiders own 3.31% of the company’s stock.

MSCI Stock Performance

Shares of NYSE MSCI opened at $565.47 on Wednesday. The company has a market cap of $41.55 billion, a P/E ratio of 36.04, a P/E/G ratio of 2.34 and a beta of 1.29. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $626.28. The firm’s fifty day moving average is $572.08 and its two-hundred day moving average is $565.48.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.66 earnings per share for the quarter, beating analysts’ consensus estimates of $4.62 by $0.04. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The firm had revenue of $822.53 million during the quarter, compared to analyst estimates of $819.51 million. During the same quarter last year, the business posted $4.18 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. As a group, analysts forecast that MSCI Inc will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a dividend of $2.05 per share. The ex-dividend date was Friday, February 13th. This represents a $8.20 annualized dividend and a yield of 1.5%. This is a boost from MSCI’s previous quarterly dividend of $1.80. MSCI’s dividend payout ratio (DPR) is 52.26%.

Wall Street Analysts Forecast Growth

MSCI has been the subject of a number of recent analyst reports. Bank of America initiated coverage on shares of MSCI in a research report on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price target for the company. Royal Bank Of Canada restated an “outperform” rating and set a $655.00 target price on shares of MSCI in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $715.00 target price on shares of MSCI in a report on Thursday, January 29th. UBS Group set a $638.00 price target on MSCI in a report on Wednesday, January 28th. Finally, Barclays reaffirmed an “overweight” rating on shares of MSCI in a research note on Thursday, January 29th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $671.78.

About MSCI

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.