RB Capital Management LLC Purchases Shares of 1,222 MSCI Inc $MSCI

RB Capital Management LLC acquired a new stake in shares of MSCI Inc (NYSE:MSCI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,222 shares of the technology company’s stock, valued at approximately $685,000.

Several other large investors have also modified their holdings of MSCI. Ancora Advisors LLC purchased a new position in MSCI in the 2nd quarter worth about $27,000. Harvest Fund Management Co. Ltd purchased a new stake in MSCI during the fourth quarter valued at about $30,000. Elyxium Wealth LLC acquired a new position in shares of MSCI in the fourth quarter worth about $34,000. Compound Global Advisors LLC acquired a new position in shares of MSCI in the second quarter worth about $34,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in shares of MSCI in the second quarter worth approximately $36,000. 89.97% of the stock is owned by institutional investors.

MSCI Price Performance

Shares of MSCI opened at $571.20 on Friday. The business’s 50-day moving average is $579.52 and its 200-day moving average is $573.14. The company has a market capitalization of $41.53 billion, a price-to-earnings ratio of 31.25, a P/E/G ratio of 2.17 and a beta of 1.23. MSCI Inc has a fifty-two week low of $501.08 and a fifty-two week high of $644.77.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing the consensus estimate of $4.99 by ($0.05). MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The company had revenue of $867.00 million for the quarter, compared to analyst estimates of $870.71 million. During the same quarter in the prior year, the business posted $4.17 earnings per share. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities research analysts expect that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were given a $2.05 dividend. The ex-dividend date was Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. MSCI’s dividend payout ratio is presently 44.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MSCI shares. JPMorgan Chase & Co. boosted their price target on shares of MSCI from $700.00 to $742.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Jefferies Financial Group assumed coverage on shares of MSCI in a research report on Friday, July 17th. They set a “buy” rating and a $760.00 price objective on the stock. Bank of America boosted their target price on shares of MSCI from $715.00 to $730.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Weiss Ratings lowered MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Finally, Rothschild & Co Redburn set a $690.00 target price on MSCI in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $709.50.

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.