Duality Advisers LP Has $4.12 Million Holdings in MSCI Inc. (NYSE:MSCI)

Duality Advisers LP increased its holdings in shares of MSCI Inc. (NYSE:MSCI) by 10.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,357 shares of the technology company’s stock after purchasing an additional 675 shares during the quarter. Duality Advisers LP’s holdings in MSCI were worth $4,123,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Rise Advisors LLC acquired a new position in MSCI in the 1st quarter valued at about $26,000. Headinvest LLC bought a new stake in MSCI in the 3rd quarter valued at $30,000. American National Bank grew its holdings in MSCI by 1,300.0% in the 4th quarter. American National Bank now owns 70 shares of the technology company’s stock valued at $40,000 after buying an additional 65 shares in the last quarter. First United Bank & Trust bought a new position in MSCI during the 4th quarter worth $48,000. Finally, Carolinas Wealth Consulting LLC lifted its holdings in shares of MSCI by 36.1% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 98 shares of the technology company’s stock worth $55,000 after buying an additional 26 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

MSCI has been the topic of several research reports. Bank of America upgraded shares of MSCI from an “underperform” rating to a “neutral” rating and upped their price target for the company from $425.00 to $525.00 in a research note on Tuesday, April 30th. Morgan Stanley decreased their price target on MSCI from $671.00 to $615.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 24th. The Goldman Sachs Group decreased their price objective on shares of MSCI from $615.00 to $526.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 24th. Oppenheimer reaffirmed a “market perform” rating on shares of MSCI in a report on Wednesday, April 24th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $638.00 price objective on shares of MSCI in a research report on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $571.20.

MSCI Price Performance

Shares of MSCI stock traded up $11.67 during midday trading on Friday, reaching $505.32. The company had a trading volume of 352,259 shares, compared to its average volume of 581,969. The stock has a fifty day moving average price of $488.57 and a 200 day moving average price of $527.77. MSCI Inc. has a fifty-two week low of $439.95 and a fifty-two week high of $617.39. The firm has a market cap of $40.03 billion, a PE ratio of 33.94, a P/E/G ratio of 2.52 and a beta of 1.10.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, April 23rd. The technology company reported $3.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.08. The company had revenue of $680.00 million for the quarter, compared to the consensus estimate of $685.47 million. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The firm’s revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the business earned $3.14 EPS. As a group, sell-side analysts forecast that MSCI Inc. will post 14.67 EPS for the current year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Thursday, May 16th. MSCI’s payout ratio is 43.69%.

Insider Activity

In related news, CEO Henry A. Fernandez acquired 13,000 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was purchased at an average cost of $465.92 per share, with a total value of $6,056,960.00. Following the acquisition, the chief executive officer now owns 327,479 shares of the company’s stock, valued at approximately $152,579,015.68. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In other news, COO Cd Baer Pettit bought 7,500 shares of the stock in a transaction on Thursday, April 25th. The shares were purchased at an average cost of $459.41 per share, for a total transaction of $3,445,575.00. Following the completion of the purchase, the chief operating officer now directly owns 291,038 shares in the company, valued at approximately $133,705,767.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Henry A. Fernandez acquired 13,000 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The shares were acquired at an average cost of $465.92 per share, with a total value of $6,056,960.00. Following the purchase, the chief executive officer now directly owns 327,479 shares of the company’s stock, valued at approximately $152,579,015.68. The disclosure for this purchase can be found here. Corporate insiders own 3.20% of the company’s stock.

About MSCI

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.