MSCI Inc. (NYSE:MSCI) Shares Acquired by Quantum Capital Management LLC NJ

Quantum Capital Management LLC NJ increased its stake in MSCI Inc. (NYSE:MSCI) by 0.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,949 shares of the technology company’s stock after acquiring an additional 191 shares during the period. MSCI makes up about 5.1% of Quantum Capital Management LLC NJ’s holdings, making the stock its 11th largest holding. Quantum Capital Management LLC NJ owned about 0.10% of MSCI worth $47,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. State Street Corp grew its holdings in MSCI by 0.4% during the 3rd quarter. State Street Corp now owns 3,192,364 shares of the technology company’s stock worth $1,860,925,000 after acquiring an additional 11,351 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of MSCI by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,897,456 shares of the technology company’s stock worth $1,136,563,000 after purchasing an additional 35,094 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of MSCI by 8.0% during the fourth quarter. Principal Financial Group Inc. now owns 1,613,005 shares of the technology company’s stock worth $967,820,000 after purchasing an additional 119,471 shares in the last quarter. Fiera Capital Corp increased its holdings in MSCI by 4.5% in the fourth quarter. Fiera Capital Corp now owns 1,148,615 shares of the technology company’s stock valued at $689,180,000 after buying an additional 49,679 shares during the last quarter. Finally, Norges Bank acquired a new stake in MSCI in the fourth quarter valued at $609,937,000. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MSCI. Royal Bank of Canada reissued an “outperform” rating and set a $675.00 target price on shares of MSCI in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their price objective on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Morgan Stanley upped their target price on shares of MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Wolfe Research raised shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. Finally, The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and boosted their price target for the company from $617.00 to $723.00 in a research report on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $649.23.

Insider Activity

In related news, CEO Henry A. Fernandez purchased 5,300 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,269,951 shares in the company, valued at $729,599,549.01. The trade was a 0.42 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.31% of the company’s stock.

MSCI Stock Performance

Shares of MSCI stock opened at $543.92 on Friday. The stock has a fifty day moving average price of $574.71 and a 200 day moving average price of $588.59. The stock has a market cap of $42.24 billion, a PE ratio of 38.69, a P/E/G ratio of 2.61 and a beta of 1.19. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period in the previous year, the company earned $3.68 earnings per share. As a group, equities research analysts predict that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 1.32%. The ex-dividend date was Friday, February 14th. This is an increase from MSCI’s previous quarterly dividend of $1.60. MSCI’s dividend payout ratio is 51.21%.

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.