Nisa Investment Advisors LLC Has $15.99 Million Holdings in MSCI Inc. (NYSE:MSCI)

Nisa Investment Advisors LLC raised its holdings in MSCI Inc. (NYSE:MSCI) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,643 shares of the technology company’s stock after acquiring an additional 691 shares during the period. Nisa Investment Advisors LLC’s holdings in MSCI were worth $15,986,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Simon Quick Advisors LLC increased its position in MSCI by 5.3% during the 4th quarter. Simon Quick Advisors LLC now owns 1,200 shares of the technology company’s stock worth $720,000 after purchasing an additional 60 shares in the last quarter. Bourgeon Capital Management LLC bought a new stake in shares of MSCI during the fourth quarter worth $569,000. Mogy Joel R Investment Counsel Inc. increased its holdings in shares of MSCI by 5.2% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 23,048 shares of the technology company’s stock worth $13,829,000 after buying an additional 1,136 shares in the last quarter. Atomi Financial Group Inc. increased its holdings in shares of MSCI by 113.7% during the fourth quarter. Atomi Financial Group Inc. now owns 1,094 shares of the technology company’s stock worth $657,000 after buying an additional 582 shares in the last quarter. Finally, Ballentine Partners LLC boosted its holdings in shares of MSCI by 3.9% during the 4th quarter. Ballentine Partners LLC now owns 1,748 shares of the technology company’s stock valued at $1,049,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Buying and Selling at MSCI

In other news, CEO Henry A. Fernandez purchased 2,900 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were acquired at an average price of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now owns 330,379 shares in the company, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.20% of the company’s stock.

MSCI Price Performance

Shares of NYSE:MSCI opened at $614.25 on Thursday. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45. The business’s 50-day moving average is $604.53 and its 200-day moving average is $576.95. The company has a market capitalization of $48.14 billion, a price-to-earnings ratio of 40.33, a P/E/G ratio of 2.78 and a beta of 1.11.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.09. The firm had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.45 earnings per share. Analysts anticipate that MSCI Inc. will post 14.98 EPS for the current year.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Friday, November 15th. MSCI’s payout ratio is 42.02%.

Wall Street Analyst Weigh In

MSCI has been the subject of a number of recent research reports. Morgan Stanley upped their target price on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Redburn Atlantic upgraded shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a report on Wednesday, October 9th. The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $617.00 to $723.00 in a report on Wednesday, December 18th. Wells Fargo & Company upped their price target on shares of MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of MSCI from $680.00 to $700.00 and gave the stock an “overweight” rating in a report on Tuesday. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, MSCI currently has an average rating of “Moderate Buy” and an average price target of $649.85.

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.