MSCI Inc $MSCI Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lessened its holdings in shares of MSCI Inc (NYSE:MSCI) by 1.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,993,077 shares of the technology company’s stock after selling 31,824 shares during the quarter. Geode Capital Management LLC’s holdings in MSCI were worth $1,141,003,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Aviso Financial Inc. increased its position in MSCI by 2.0% during the 3rd quarter. Aviso Financial Inc. now owns 859 shares of the technology company’s stock worth $487,000 after purchasing an additional 17 shares in the last quarter. Venturi Wealth Management LLC increased its position in MSCI by 4.7% during the 4th quarter. Venturi Wealth Management LLC now owns 375 shares of the technology company’s stock worth $215,000 after purchasing an additional 17 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its position in MSCI by 3.1% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 568 shares of the technology company’s stock worth $326,000 after purchasing an additional 17 shares in the last quarter. Keel Point LLC increased its position in MSCI by 3.0% during the 3rd quarter. Keel Point LLC now owns 622 shares of the technology company’s stock worth $353,000 after purchasing an additional 18 shares in the last quarter. Finally, Allworth Financial LP increased its position in MSCI by 1.7% during the 4th quarter. Allworth Financial LP now owns 1,074 shares of the technology company’s stock worth $616,000 after purchasing an additional 18 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MSCI. Bank of America began coverage on shares of MSCI in a research report on Tuesday, February 17th. They set a “buy” rating and a $700.00 target price for the company. Wells Fargo & Company raised shares of MSCI from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $650.00 to $700.00 in a research report on Wednesday. Raymond James Financial reissued a “strong-buy” rating and set a $730.00 target price on shares of MSCI in a research report on Tuesday, April 21st. Morgan Stanley upped their price target on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $655.00 price target on shares of MSCI in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to MarketBeat, MSCI has an average rating of “Buy” and an average target price of $697.70.

MSCI Stock Up 0.6%

NYSE MSCI opened at $630.39 on Friday. The stock has a market cap of $45.89 billion, a PE ratio of 36.00, a P/E/G ratio of 2.36 and a beta of 1.24. MSCI Inc has a fifty-two week low of $501.08 and a fifty-two week high of $640.27. The business has a 50 day moving average price of $570.01 and a two-hundred day moving average price of $567.12.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, topping analysts’ consensus estimates of $4.38 by $0.17. The firm had revenue of $850.80 million during the quarter, compared to analysts’ expectations of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.MSCI’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.00 EPS. Sell-side analysts anticipate that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, May 15th. MSCI’s dividend payout ratio is currently 46.83%.

Insider Buying and Selling

In other news, CFO Andrew C. Wiechmann sold 450 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total transaction of $252,000.00. Following the completion of the transaction, the chief financial officer directly owned 22,544 shares in the company, valued at approximately $12,624,640. This represents a 1.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Alvise J. Munari sold 10,000 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the transaction, the insider owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This trade represents a 29.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.76% of the stock is owned by corporate insiders.

MSCI Profile

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.