Northwestern Mutual Wealth Management Co. Has $25.60 Million Holdings in MSCI Inc $MSCI

Northwestern Mutual Wealth Management Co. boosted its stake in shares of MSCI Inc (NYSE:MSCI) by 506.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,619 shares of the technology company’s stock after buying an additional 37,258 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in MSCI were worth $25,599,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Empowered Funds LLC increased its holdings in shares of MSCI by 7.6% in the 1st quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after purchasing an additional 142 shares during the period. Woodline Partners LP increased its holdings in shares of MSCI by 39.0% in the 1st quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock valued at $3,724,000 after purchasing an additional 1,846 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of MSCI by 20.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock valued at $607,000 after purchasing an additional 182 shares during the period. Treasurer of the State of North Carolina increased its holdings in shares of MSCI by 1.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock valued at $20,261,000 after purchasing an additional 344 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new position in shares of MSCI in the 2nd quarter valued at about $88,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Trading Down 0.9%

MSCI opened at $578.89 on Wednesday. The business has a 50 day moving average of $562.41 and a 200-day moving average of $565.96. The stock has a market capitalization of $42.14 billion, a price-to-earnings ratio of 33.06, a P/E/G ratio of 2.20 and a beta of 1.24. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $626.28.

MSCI (NYSE:MSCI) last issued its earnings results on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. The business had revenue of $850.80 million during the quarter, compared to analyst estimates of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.MSCI’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the company posted $4.00 earnings per share. Equities analysts predict that MSCI Inc will post 19.62 EPS for the current year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, May 15th. MSCI’s dividend payout ratio is currently 46.83%.

Analyst Ratings Changes

Several brokerages recently commented on MSCI. Barclays reissued an “overweight” rating on shares of MSCI in a research note on Thursday, January 29th. Raymond James Financial restated a “strong-buy” rating and issued a $730.00 price objective on shares of MSCI in a report on Tuesday, April 21st. UBS Group increased their price objective on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Evercore increased their price objective on MSCI from $655.00 to $690.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $655.00 price objective on shares of MSCI in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, MSCI presently has a consensus rating of “Moderate Buy” and a consensus price target of $692.70.

Insiders Place Their Bets

In other news, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the sale, the chief financial officer directly owned 22,544 shares in the company, valued at approximately $12,624,640. This trade represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Alvise J. Munari sold 10,000 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the completion of the sale, the insider owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This trade represents a 29.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.76% of the company’s stock.

MSCI Profile

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.