MSCI Inc. (NYSE:MSCI) Shares Purchased by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. raised its stake in MSCI Inc. (NYSE:MSCI) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,048 shares of the technology company’s stock after purchasing an additional 1,136 shares during the quarter. Mogy Joel R Investment Counsel Inc.’s holdings in MSCI were worth $13,829,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Frank Rimerman Advisors LLC increased its position in MSCI by 0.9% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company’s stock worth $1,147,000 after purchasing an additional 17 shares in the last quarter. CWA Asset Management Group LLC grew its stake in MSCI by 4.2% during the fourth quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock worth $251,000 after buying an additional 17 shares during the period. Planning Capital Management Corp grew its stake in MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after buying an additional 20 shares during the period. Private Trust Co. NA raised its stake in shares of MSCI by 35.1% in the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after acquiring an additional 20 shares during the period. Finally, Trivant Custom Portfolio Group LLC lifted its holdings in shares of MSCI by 0.6% during the 4th quarter. Trivant Custom Portfolio Group LLC now owns 3,325 shares of the technology company’s stock valued at $1,995,000 after acquiring an additional 21 shares in the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Henry A. Fernandez purchased 2,900 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were acquired at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the transaction, the chief executive officer now owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This trade represents a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.20% of the stock is owned by corporate insiders.

MSCI Stock Performance

Shares of MSCI stock opened at $612.25 on Tuesday. The stock has a market capitalization of $47.98 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 2.78 and a beta of 1.11. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45. The company’s 50-day simple moving average is $604.24 and its 200-day simple moving average is $576.09.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company had revenue of $724.70 million for the quarter, compared to the consensus estimate of $716.15 million. During the same quarter last year, the business posted $3.45 EPS. MSCI’s quarterly revenue was up 15.9% compared to the same quarter last year. As a group, research analysts forecast that MSCI Inc. will post 14.98 EPS for the current year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a dividend of $1.60 per share. The ex-dividend date was Friday, November 15th. This represents a $6.40 annualized dividend and a yield of 1.05%. MSCI’s payout ratio is 42.02%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Morgan Stanley increased their price target on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 target price on shares of MSCI in a research note on Wednesday, October 30th. Evercore ISI started coverage on MSCI in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 price target on the stock. UBS Group decreased their price target on MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Finally, Redburn Atlantic upgraded shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective on the stock in a research note on Wednesday, October 9th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $645.67.

MSCI Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.