MSCI (NYSE:MSCI) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

MSCI (NYSE:MSCI) was upgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday, Briefing.com reports. The brokerage presently has a $569.00 price target on the technology company’s stock, down from their previous price target of $613.00. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 27.55% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research note on Friday, April 12th. StockNews.com cut shares of MSCI from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Raymond James reiterated a “market perform” rating on shares of MSCI in a report on Friday, January 5th. Barclays upped their price objective on shares of MSCI from $600.00 to $700.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. Finally, Wells Fargo & Company upped their price objective on shares of MSCI from $615.00 to $660.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $584.93.

MSCI Trading Down 13.4 %

NYSE MSCI opened at $446.09 on Wednesday. MSCI has a 1-year low of $439.95 and a 1-year high of $617.39. The company has a market capitalization of $35.34 billion, a PE ratio of 30.98, a price-to-earnings-growth ratio of 2.58 and a beta of 1.06. The firm’s fifty day simple moving average is $547.91 and its 200-day simple moving average is $539.08.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, April 23rd. The technology company reported $3.52 earnings per share for the quarter, topping analysts’ consensus estimates of $3.46 by $0.06. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. The business had revenue of $680.00 million for the quarter, compared to the consensus estimate of $685.47 million. During the same period in the prior year, the business posted $3.14 earnings per share. MSCI’s revenue for the quarter was up 14.8% compared to the same quarter last year. As a group, analysts predict that MSCI will post 14.84 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MSCI. Schechter Investment Advisors LLC acquired a new position in MSCI in the third quarter worth about $434,000. Bleakley Financial Group LLC raised its position in MSCI by 6.8% in the fourth quarter. Bleakley Financial Group LLC now owns 2,340 shares of the technology company’s stock worth $1,324,000 after purchasing an additional 148 shares in the last quarter. Nordea Investment Management AB raised its position in MSCI by 19.2% in the fourth quarter. Nordea Investment Management AB now owns 218,623 shares of the technology company’s stock worth $124,786,000 after purchasing an additional 35,277 shares in the last quarter. International Assets Investment Management LLC raised its position in MSCI by 13,659.5% in the fourth quarter. International Assets Investment Management LLC now owns 10,182 shares of the technology company’s stock worth $5,759,000 after purchasing an additional 10,108 shares in the last quarter. Finally, Alphinity Investment Management Pty Ltd raised its position in MSCI by 3.0% in the third quarter. Alphinity Investment Management Pty Ltd now owns 430,676 shares of the technology company’s stock worth $220,971,000 after purchasing an additional 12,495 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Company 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.