One Wealth Management Investment & Advisory Services LLC Takes Position in MSCI Inc. (NYSE:MSCI)

One Wealth Management Investment & Advisory Services LLC acquired a new stake in shares of MSCI Inc. (NYSE:MSCI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 959 shares of the technology company’s stock, valued at approximately $462,000.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of MSCI by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 8,719,381 shares of the technology company’s stock valued at $4,886,777,000 after purchasing an additional 36,043 shares during the last quarter. Capital International Investors raised its stake in shares of MSCI by 0.5% in the first quarter. Capital International Investors now owns 1,734,519 shares of the technology company’s stock valued at $972,111,000 after acquiring an additional 9,304 shares during the period. Principal Financial Group Inc. raised its stake in shares of MSCI by 74.9% in the second quarter. Principal Financial Group Inc. now owns 1,456,194 shares of the technology company’s stock valued at $701,522,000 after acquiring an additional 623,712 shares during the period. Sustainable Growth Advisers LP lifted its holdings in shares of MSCI by 1.8% in the 1st quarter. Sustainable Growth Advisers LP now owns 1,323,058 shares of the technology company’s stock worth $741,508,000 after acquiring an additional 23,217 shares during the last quarter. Finally, Brown Advisory Inc. grew its holdings in MSCI by 4.4% during the 4th quarter. Brown Advisory Inc. now owns 1,038,761 shares of the technology company’s stock valued at $587,575,000 after purchasing an additional 44,234 shares during the last quarter. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MSCI has been the subject of several recent analyst reports. Wells Fargo & Company upgraded MSCI to a “hold” rating in a research report on Tuesday, August 13th. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $485.00 target price on the stock in a research note on Monday, May 13th. Barclays boosted their target price on shares of MSCI from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research note on Wednesday, July 24th. Finally, Morgan Stanley boosted their price objective on shares of MSCI from $615.00 to $640.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $584.79.

MSCI Stock Down 1.9 %

Shares of MSCI stock traded down $10.81 on Friday, reaching $559.85. The stock had a trading volume of 429,718 shares, compared to its average volume of 565,400. The stock has a market capitalization of $44.35 billion, a P/E ratio of 38.22, a P/E/G ratio of 3.16 and a beta of 1.11. The company has a 50 day moving average price of $535.55 and a 200 day moving average price of $522.16. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $617.39.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.55 by $0.09. The business had revenue of $707.90 million for the quarter, compared to the consensus estimate of $696.41 million. MSCI had a negative return on equity of 143.09% and a net margin of 43.86%. The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the firm posted $3.26 earnings per share. On average, analysts forecast that MSCI Inc. will post 14.79 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Friday, August 16th. MSCI’s dividend payout ratio is presently 43.69%.

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.