Global X Japan Co. Ltd. Has $3.32 Million Stock Holdings in MSCI Inc $MSCI

Global X Japan Co. Ltd. increased its holdings in shares of MSCI Inc (NYSE:MSCI) by 409.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,790 shares of the technology company’s stock after acquiring an additional 4,653 shares during the period. Global X Japan Co. Ltd.’s holdings in MSCI were worth $3,322,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in MSCI by 6.6% during the third quarter. Principal Financial Group Inc. now owns 1,777,749 shares of the technology company’s stock worth $1,008,745,000 after acquiring an additional 109,287 shares in the last quarter. Dash Acquisitions Inc. increased its position in shares of MSCI by 103.6% during the 3rd quarter. Dash Acquisitions Inc. now owns 14,958 shares of the technology company’s stock worth $8,490,000 after purchasing an additional 7,613 shares in the last quarter. Katamaran Capital LLP lifted its holdings in MSCI by 57.1% during the 3rd quarter. Katamaran Capital LLP now owns 4,919 shares of the technology company’s stock valued at $2,791,000 after purchasing an additional 1,788 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in MSCI by 37.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,228 shares of the technology company’s stock valued at $6,938,000 after buying an additional 3,346 shares in the last quarter. Finally, Canoe Financial LP grew its stake in MSCI by 12.6% during the third quarter. Canoe Financial LP now owns 209,831 shares of the technology company’s stock worth $119,060,000 after buying an additional 23,500 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

MSCI Stock Performance

NYSE MSCI opened at $535.29 on Friday. The stock has a market capitalization of $39.33 billion, a P/E ratio of 34.12, a price-to-earnings-growth ratio of 2.17 and a beta of 1.29. MSCI Inc has a 52 week low of $486.73 and a 52 week high of $626.28. The stock has a fifty day moving average of $561.76 and a 200-day moving average of $563.91.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.62 by $0.04. The business had revenue of $822.53 million for the quarter, compared to analysts’ expectations of $819.51 million. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business earned $4.18 earnings per share. Equities research analysts forecast 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 27th. Investors of record on Friday, February 13th were paid a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.5%. This is a positive change from MSCI’s previous quarterly dividend of $1.80. The ex-dividend date of this dividend was Friday, February 13th. MSCI’s payout ratio is presently 52.26%.

Insider Activity at MSCI

In other MSCI news, CEO Henry A. Fernandez acquired 6,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average cost of $524.18 per share, for a total transaction of $3,145,080.00. Following the completion of the acquisition, the chief executive officer directly owned 1,493,047 shares of the company’s stock, valued at approximately $782,625,376.46. This represents a 0.40% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total transaction of $252,000.00. Following the completion of the transaction, the chief financial officer directly owned 22,544 shares in the company, valued at approximately $12,624,640. The trade was a 1.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 3.76% of the company’s stock.

Analyst Ratings Changes

MSCI has been the topic of several recent analyst reports. Barclays reissued an “overweight” rating on shares of MSCI in a report on Thursday, January 29th. Wells Fargo & Company lifted their price objective on MSCI from $590.00 to $618.00 and gave the company an “equal weight” rating in a research report on Thursday, January 29th. UBS Group set a $638.00 price objective on MSCI in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $715.00 target price on shares of MSCI in a research note on Thursday, January 29th. Finally, Evercore lifted their price target on MSCI from $655.00 to $690.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $674.00.

About MSCI

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.