Tsai Capital Corp Has $4.27 Million Stock Holdings in MSCI Inc. (NYSE:MSCI)

Tsai Capital Corp boosted its holdings in MSCI Inc. (NYSE:MSCI) by 9.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,123 shares of the technology company’s stock after purchasing an additional 611 shares during the quarter. MSCI makes up approximately 3.1% of Tsai Capital Corp’s holdings, making the stock its 9th biggest position. Tsai Capital Corp’s holdings in MSCI were worth $4,274,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MSCI. LRI Investments LLC lifted its holdings in shares of MSCI by 120.0% in the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after acquiring an additional 24 shares during the last quarter. True Wealth Design LLC purchased a new position in shares of MSCI in the 3rd quarter worth approximately $38,000. Compagnie Lombard Odier SCmA bought a new position in shares of MSCI during the 4th quarter valued at approximately $41,000. Private Trust Co. NA raised its holdings in MSCI by 35.1% during the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after buying an additional 20 shares during the period. Finally, Y.D. More Investments Ltd lifted its position in MSCI by 122.7% in the fourth quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company’s stock worth $59,000 after buying an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Royal Bank of Canada reissued an “outperform” rating and issued a $675.00 price objective on shares of MSCI in a research note on Thursday, January 30th. Morgan Stanley upped their target price on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Barclays dropped their target price on shares of MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, The Goldman Sachs Group upgraded 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 report on Wednesday, December 18th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $649.23.

Insider Transactions at MSCI

In related news, CEO Henry A. Fernandez acquired 5,300 shares of the stock in a transaction dated Monday, February 24th. The stock was acquired at an average cost of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the purchase, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at approximately $729,599,549.01. This represents a 0.42 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.20% of the company’s stock.

MSCI Stock Down 1.4 %

NYSE MSCI opened at $558.03 on Friday. The firm has a market cap of $43.33 billion, a PE ratio of 39.69, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19. MSCI Inc. has a 52 week low of $439.95 and a 52 week high of $642.45. The company has a 50 day moving average price of $578.82 and a 200 day moving average price of $588.55.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, beating the consensus estimate 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 quarter last year, the firm posted $3.68 earnings per share. On average, equities research analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $1.80 per share. This is a positive change from MSCI’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend was Friday, February 14th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.29%. MSCI’s payout ratio is presently 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.