Jefferies Financial Group Inc. Makes New $747,000 Investment in MSCI Inc $MSCI

Jefferies Financial Group Inc. purchased a new position in shares of MSCI Inc (NYSE:MSCI) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 1,333 shares of the technology company’s stock, valued at approximately $747,000.

A number of other institutional investors have also modified their holdings of MSCI. Ancora Advisors LLC purchased a new stake in shares of MSCI in the 2nd quarter valued at $27,000. Harvest Fund Management Co. Ltd purchased a new position in MSCI during the 4th quarter valued at about $30,000. Elyxium Wealth LLC purchased a new position in MSCI during the 4th quarter valued at about $34,000. Compound Global Advisors LLC acquired a new position in MSCI in the 2nd quarter valued at about $34,000. Finally, SHP Wealth Management acquired a new position in MSCI in the 4th quarter valued at about $36,000. 89.97% of the stock is owned by institutional investors and hedge funds.

MSCI Price Performance

Shares of NYSE MSCI opened at $571.20 on Monday. The stock’s 50-day moving average is $579.52 and its two-hundred day moving average is $573.23. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $644.77. The company has a market cap of $41.53 billion, a price-to-earnings ratio of 31.25, a price-to-earnings-growth ratio of 2.18 and a beta of 1.23.

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

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a $2.05 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $8.20 annualized dividend and a yield of 1.4%. MSCI’s dividend payout ratio (DPR) is 44.86%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MSCI shares. Bank of America increased their price target on shares of MSCI from $715.00 to $730.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Rothschild & Co Redburn set a $690.00 price objective on shares of MSCI in a report on Thursday, June 18th. Morgan Stanley reaffirmed an “overweight” rating and set a $700.00 target price on shares of MSCI in a research note on Tuesday, July 21st. Evercore set a $722.00 target price on shares of MSCI in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company decreased their price target on shares of MSCI from $700.00 to $690.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target 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.