TRUE Private Wealth Advisors Acquires 187 Shares of MSCI Inc. (NYSE:MSCI)

TRUE Private Wealth Advisors boosted its holdings in shares of MSCI Inc. (NYSE:MSCI) by 33.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 741 shares of the technology company’s stock after acquiring an additional 187 shares during the period. TRUE Private Wealth Advisors’ holdings in MSCI were worth $419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MSCI. Optiver Holding B.V. bought a new stake in shares of MSCI in the 3rd quarter valued at about $26,000. ORG Partners LLC boosted its stake in MSCI by 5,600.0% in the 3rd quarter. ORG Partners LLC now owns 57 shares of the technology company’s stock worth $29,000 after purchasing an additional 56 shares in the last quarter. Headinvest LLC acquired a new stake in MSCI in the 3rd quarter worth approximately $30,000. Atlas Capital Advisors LLC acquired a new stake in MSCI in the 1st quarter worth approximately $35,000. Finally, International Assets Investment Management LLC acquired a new stake in MSCI in the 3rd quarter worth approximately $38,000. 89.97% of the stock is currently owned by institutional investors.

MSCI Stock Performance

Shares of NYSE MSCI opened at $511.83 on Thursday. The firm has a market cap of $40.55 billion, a PE ratio of 35.54, a PEG ratio of 2.57 and a beta of 1.06. The firm has a fifty day moving average of $555.25 and a 200 day moving average of $539.07. MSCI Inc. has a one year low of $451.55 and a one year high of $617.39.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, January 30th. The technology company reported $3.68 EPS for the quarter, topping the consensus estimate of $3.29 by $0.39. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. The company had revenue of $690.11 million during the quarter, compared to analyst estimates of $662.64 million. During the same quarter in the previous year, the firm earned $2.84 EPS. The firm’s revenue was up 19.8% compared to the same quarter last year. On average, equities analysts predict that MSCI Inc. will post 14.84 EPS for the current fiscal year.

MSCI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Friday, February 16th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Thursday, February 15th. This is a boost from MSCI’s previous quarterly dividend of $1.38. MSCI’s payout ratio is 44.44%.

Wall Street Analyst Weigh In

MSCI has been the subject of a number of recent analyst reports. Edward Jones initiated coverage on shares of MSCI in a research note on Friday, December 22nd. They issued a “buy” rating for the company. Raymond James reiterated a “market perform” rating on shares of MSCI in a research note on Friday, January 5th. Barclays lifted their target price on shares of MSCI from $600.00 to $700.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 31st. The Goldman Sachs Group lifted their target price on shares of MSCI from $544.00 to $617.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Finally, StockNews.com lowered shares of MSCI from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Three analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $581.57.

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.