Bamco Inc. NY Boosts Stake in MSCI Inc $MSCI

Bamco Inc. NY increased its position in shares of MSCI Inc (NYSE:MSCI) by 15.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,755,747 shares of the technology company’s stock after acquiring an additional 361,630 shares during the period. MSCI makes up about 4.3% of Bamco Inc. NY’s holdings, making the stock its 3rd biggest position. Bamco Inc. NY’s holdings in MSCI were worth $1,581,055,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

MSCI has been the topic of a number of research analyst reports. Raymond James Financial reissued a “strong-buy” rating and issued a $730.00 price target on shares of MSCI in a report on Tuesday, April 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 price target on shares of MSCI in a report on Wednesday, April 22nd. UBS Group increased their price target on shares of MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley increased their price target on shares of MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings lowered shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $697.70.

MSCI Stock Performance

Shares of MSCI stock opened at $596.48 on Thursday. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.68. The stock has a market capitalization of $43.42 billion, a price-to-earnings ratio of 34.06, a price-to-earnings-growth ratio of 2.29 and a beta of 1.24. The company has a fifty day moving average of $588.56 and a 200-day moving average of $571.36.

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

MSCI Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $2.05 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio is 46.83%.

Insider Activity

In other news, insider Alvise J. Munari sold 10,000 shares of the company’s stock in a transaction 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 completion of the sale, the insider owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This represents a 29.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.76% of the company’s stock.

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.