MSCI Inc $MSCI Shares Sold by Perbak Capital Partners LLP

Perbak Capital Partners LLP cut its position in MSCI Inc (NYSE:MSCI) by 44.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,579 shares of the technology company’s stock after selling 2,843 shares during the period. MSCI accounts for 0.4% of Perbak Capital Partners LLP’s investment portfolio, making the stock its 26th largest holding. Perbak Capital Partners LLP’s holdings in MSCI were worth $2,031,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Empowered Funds LLC raised its stake in MSCI by 7.6% in the first quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after buying an additional 142 shares in the last quarter. Woodline Partners LP lifted its holdings in MSCI by 39.0% during the 1st quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock worth $3,724,000 after buying an additional 1,846 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in MSCI by 20.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock worth $607,000 after buying an additional 182 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of MSCI during the 2nd quarter worth about $920,000. Finally, Allworth Financial LP increased its holdings in shares of MSCI by 47.2% in the 2nd quarter. Allworth Financial LP now owns 365 shares of the technology company’s stock valued at $210,000 after acquiring an additional 117 shares during the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 6,000 shares of MSCI stock in a transaction that occurred on Friday, February 13th. The stock was purchased at an average price of $524.18 per share, for a total transaction of $3,145,080.00. Following the transaction, the chief executive officer directly owned 1,493,047 shares in the company, valued at $782,625,376.46. This trade represents a 0.40% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.31% of the stock is owned by insiders.

MSCI Stock Up 2.0%

Shares of NYSE MSCI opened at $547.34 on Friday. The stock has a market cap of $40.21 billion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 2.19 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 business has a 50-day moving average price of $568.60 and a 200 day moving average price of $564.85.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $4.66 EPS for the quarter, topping the consensus estimate of $4.62 by $0.04. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The company had revenue of $822.53 million for the quarter, compared to analyst estimates of $819.51 million. During the same quarter in the previous year, the company posted $4.18 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. Sell-side analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change from MSCI’s previous quarterly dividend of $1.80. MSCI’s dividend payout ratio is presently 52.26%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $715.00 target price on shares of MSCI in a research report on Thursday, January 29th. Evercore increased their price target on shares of MSCI from $655.00 to $690.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Weiss Ratings raised shares of MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Bank of America assumed coverage on shares of MSCI in a research report on Tuesday, February 17th. They set a “buy” rating and a $700.00 price objective for the company. Finally, Raymond James Financial restated an “outperform” rating and issued a $690.00 target price on shares of MSCI in a report on Monday, January 12th. Nine equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, MSCI has an average rating of “Moderate Buy” and a consensus target price of $671.78.

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.