Boston Trust Walden Corp Sells 2,116 Shares of MSCI Inc $MSCI

Boston Trust Walden Corp cut its stake in shares of MSCI Inc (NYSE:MSCI) by 12.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,540 shares of the technology company’s stock after selling 2,116 shares during the period. Boston Trust Walden Corp’s holdings in MSCI were worth $7,832,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MSCI. Latitude Advisors LLC acquired a new position in MSCI in the third quarter valued at $26,000. Burkett Financial Services LLC raised its holdings in shares of MSCI by 200.0% in the 3rd quarter. Burkett Financial Services LLC now owns 48 shares of the technology company’s stock worth $26,000 after purchasing an additional 32 shares during the period. Ancora Advisors LLC purchased a new position in shares of MSCI in the 2nd quarter worth about $27,000. Compound Global Advisors LLC acquired a new position in shares of MSCI in the 2nd quarter valued at about $34,000. Finally, Whipplewood Advisors LLC acquired a new position in shares of MSCI in the 1st quarter valued at about $39,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other MSCI news, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $570.00, for a total transaction of $256,500.00. Following the completion of the sale, the chief financial officer owned 21,644 shares in the company, valued at $12,337,080. This trade represents a 2.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Robert J. Gutowski sold 2,381 shares of MSCI stock in a transaction that occurred on Thursday, October 22nd. The stock was sold at an average price of $623.66, for a total value of $1,484,934.46. Following the sale, the general counsel owned 14,104 shares in the company, valued at $8,796,100.64. This represents a 14.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.76% of the company’s stock.

MSCI Stock Performance

MSCI stock opened at $640.80 on Friday. The stock’s 50 day moving average price is $575.55 and its 200 day moving average price is $574.97. The firm has a market capitalization of $45.82 billion, a PE ratio of 33.92, a price-to-earnings-growth ratio of 2.53 and a beta of 1.20. MSCI Inc has a one year low of $501.08 and a one year high of $681.04.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, October 20th. The technology company reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.03 by $0.08. The company had revenue of $892.00 million during the quarter, compared to the consensus estimate of $887.83 million. MSCI had a net margin of 40.31% and a negative return on equity of 50.69%. During the same quarter last year, the company earned $4.47 earnings per share. MSCI’s revenue for the quarter was up 12.4% on a year-over-year basis. On average, analysts forecast that MSCI Inc will post 19.59 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a dividend of $2.05 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $8.20 annualized dividend and a yield of 1.3%. MSCI’s payout ratio is 43.41%.

Analysts Set New Price Targets

A number of research firms recently issued reports on MSCI. The Goldman Sachs Group reissued a “buy” rating and set a $684.00 target price (down from $704.00) on shares of MSCI in a research report on Tuesday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $655.00 price target on shares of MSCI in a research report on Wednesday, October 21st. William Blair set a $680.00 price objective on shares of MSCI in a research note on Tuesday, October 20th. Wells Fargo & Company increased their price objective on shares of MSCI from $685.00 to $720.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 21st. Finally, Barclays raised their target price on shares of MSCI from $735.00 to $760.00 and gave the company an “overweight” rating in a research note on Monday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $683.69.

MSCI Company Profile

MSCI Inc is a global provider of investment decision-support tools and services for asset managers, banks, insurers, pension funds and other financial institutions. Its offerings include indexes used to benchmark and develop investment products, as well as portfolio risk, performance and attribution analytics.

The company also provides environmental, social and governance data and research, climate-related tools, and analytics covering private assets and real estate. These products help clients assess investments, manage portfolios and evaluate risks across public and private markets.

MSCI traces its origins to Capital International, whose indexes were introduced in 1969.