MSCI Inc $MSCI Stock Acquired by Segment Wealth Management LLC

Segment Wealth Management LLC boosted its position in MSCI Inc (NYSE:MSCI) by 19.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,095 shares of the technology company’s stock after buying an additional 816 shares during the period. Segment Wealth Management LLC’s holdings in MSCI were worth $2,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in MSCI. Burkett Financial Services LLC increased its position in MSCI by 200.0% during the 3rd quarter. Burkett Financial Services LLC now owns 48 shares of the technology company’s stock worth $26,000 after buying an additional 32 shares during the period. Ancora Advisors LLC acquired a new stake in shares of MSCI during the second quarter worth $27,000. Compound Global Advisors LLC bought a new stake in shares of MSCI in the second quarter valued at about $34,000. Whipplewood Advisors LLC acquired a new position in shares of MSCI in the first quarter valued at about $39,000. Finally, Washington Trust Advisors Inc. bought a new position in MSCI during the second quarter worth about $41,000. 89.97% of the stock is currently owned by institutional investors.

Key MSCI News

Here are the key news stories impacting MSCI this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on MSCI from $670 to $680, implying approximately 9.9% potential upside from the referenced price of $618.88. The higher target supports investor confidence in MSCI’s earnings outlook and recurring index, analytics and data revenues. Rothschild & Co Redburn price target
• Positive Sentiment: Improved global risk sentiment provided a favorable market backdrop. Asian equities and U.S. stock futures advanced after gains on Wall Street, potentially supporting demand for MSCI’s benchmark indexes and investment products. However, this is a broad-market factor rather than a company-specific catalyst. Global market gains and Fed decision
• Neutral Sentiment: News involving MSCI’s market indexes was mixed. India’s MSCI index remains valued at a premium to other emerging markets despite a six-year valuation low, while Indonesia is strengthening measures against stock manipulation after a market decline reportedly linked to MSCI-related index changes. These developments may affect index-related sentiment and client activity but do not currently indicate a direct change to MSCI Inc.’s financial outlook. India equity valuations Indonesia market-manipulation measures
• Negative Sentiment: MSCI’s general counsel sold 2,381 shares at an average price of $623.66, reducing his direct holdings by 14.44%. The filing does not establish that the sale reflects a deteriorating business outlook, but insider selling can create modest near-term pressure on investor sentiment. Robert Gutowski insider transaction

Analyst Upgrades and Downgrades

Several brokerages have weighed in on MSCI. Rothschild & Co Redburn lifted their price objective on shares of MSCI from $670.00 to $680.00 in a research note on Monday. Morgan Stanley boosted their price objective on shares of MSCI from $662.00 to $671.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. Royal Bank Of Canada restated an “outperform” rating and set a $655.00 target price on shares of MSCI in a research report on Wednesday, October 21st. Jefferies Financial Group reaffirmed a “buy” rating and set a $680.00 target price on shares of MSCI in a report on Wednesday, October 21st. Finally, Wells Fargo & Company raised their target price on shares of MSCI from $685.00 to $720.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $682.12.

Insider Activity

In other MSCI news, General Counsel Robert Gutowski sold 2,381 shares of the stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $623.66, for a total transaction of $1,484,934.46. Following the sale, the general counsel directly owned 14,104 shares in the company, valued at $8,796,100.64. This represents a 14.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew Wiechmann sold 450 shares of the stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $570.00, for a total transaction of $256,500.00. Following the sale, the chief financial officer owned 21,644 shares in the company, valued at $12,337,080. The trade was a 2.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.76% of the company’s stock.

MSCI Stock Performance

NYSE:MSCI opened at $618.41 on Tuesday. The stock has a fifty day moving average price of $562.09 and a 200-day moving average price of $572.77. The company has a market cap of $44.22 billion, a price-to-earnings ratio of 32.74, a PEG ratio of 2.38 and a beta of 1.24. MSCI Inc has a fifty-two week low of $501.08 and a fifty-two week high of $644.77.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, October 20th. The technology company reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.03 by $0.08. MSCI had a negative return on equity of 50.69% and a net margin of 40.31%. The company had revenue of $892.00 million for the quarter, compared to analyst estimates of $887.83 million. During the same period in the prior year, the firm posted $4.47 EPS. MSCI’s quarterly revenue was up 12.4% on a year-over-year basis. Research analysts predict that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be given a dividend of $2.05 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $8.20 annualized dividend and a yield of 1.3%. MSCI’s dividend payout ratio is currently 43.41%.

MSCI Profile

MSCI Inc (NYSE:MSCI) is a global provider of investment decision-support tools and services for institutional investors, asset managers, banks and other financial institutions. The company is best known for developing equity, fixed-income and multi-asset indexes used to benchmark portfolios and support the creation of investment products such as exchange-traded funds.

In addition to its indexes, MSCI provides portfolio analytics, risk-management and performance-attribution tools, as well as research and data covering environmental, social and governance factors, climate risk and sustainable investing.