Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Makes New Investment in MSCI Inc $MSCI

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new position in shares of MSCI Inc (NYSE:MSCI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,767 shares of the technology company’s stock, valued at approximately $13,636,000. MSCI accounts for approximately 3.7% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings, making the stock its 10th largest holding.

Several other institutional investors also recently added to or reduced their stakes in MSCI. Empowered Funds LLC increased its position in MSCI by 7.6% during the first quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock worth $1,133,000 after buying an additional 142 shares during the period. Woodline Partners LP grew its stake 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 last quarter. Sivia Capital Partners LLC grew its stake 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 last quarter. Treasurer of the State of North Carolina grew its stake 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 last quarter. Finally, Osterweis Capital Management Inc. purchased a new position in shares of MSCI in the 2nd quarter valued at approximately $88,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Buying and Selling at MSCI

In other news, CFO Andrew C. Wiechmann sold 450 shares of the business’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 transaction, the chief financial officer directly owned 22,544 shares of the company’s stock, valued at $12,624,640. The trade was a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Alvise J. Munari sold 10,000 shares of the business’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $592.04, for a total value of $5,920,400.00. Following the completion of the transaction, the insider directly 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 SEC filing for this sale provides additional information. Insiders own 3.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on MSCI shares. Morgan Stanley lifted their target price on MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Barclays reiterated an “overweight” rating on shares of MSCI in a research note on Thursday, January 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $655.00 target price on shares of MSCI in a research note on Wednesday, April 22nd. Weiss Ratings upgraded MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $715.00 target price on shares of MSCI in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to MarketBeat, MSCI presently has a consensus rating of “Buy” and an average target price of $697.70.

MSCI Price Performance

MSCI stock opened at $602.95 on Thursday. The stock’s 50 day moving average price is $567.24 and its 200 day moving average price is $566.38. The company has a market cap of $43.89 billion, a PE ratio of 34.43, a price-to-earnings-growth ratio of 2.22 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 quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.38 by $0.17. The firm had revenue of $850.80 million during the quarter, compared to analysts’ expectations 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 previous year, the firm posted $4.00 earnings per share. On average, equities research analysts anticipate that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Announces Dividend

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

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.