Empowered Funds LLC Has $6.23 Million Holdings in MSCI Inc $MSCI

Empowered Funds LLC increased its holdings in shares of MSCI Inc (NYSE:MSCI) by 73.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,562 shares of the technology company’s stock after acquiring an additional 4,901 shares during the quarter. Empowered Funds LLC’s holdings in MSCI were worth $6,232,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Woodline Partners LP increased its holdings in shares of MSCI by 39.0% during the first quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock worth $3,724,000 after purchasing an additional 1,846 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of MSCI by 20.9% in the second quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock valued at $607,000 after buying an additional 182 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of MSCI by 1.0% in the second 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 buying an additional 344 shares during the period. Osterweis Capital Management Inc. acquired a new stake in MSCI during the second quarter worth approximately $88,000. Finally, Alliancebernstein L.P. grew its position in MSCI by 1.0% during the second quarter. Alliancebernstein L.P. now owns 259,743 shares of the technology company’s stock worth $149,804,000 after buying an additional 2,460 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analysts Set New Price Targets

MSCI has been the subject of several analyst reports. Raymond James Financial lifted their price objective on MSCI from $730.00 to $760.00 and gave the company a “strong-buy” rating in a report on Wednesday, July 8th. Bank of America increased their target price on MSCI from $715.00 to $730.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Barclays raised their price target on MSCI from $700.00 to $735.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Rothschild & Co Redburn set a $690.00 price target on MSCI in a research note on Thursday, June 18th. Finally, Jefferies Financial Group began coverage on shares of MSCI in a research report on Friday, July 17th. They set a “buy” rating and a $760.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $709.50.

MSCI Stock Performance

Shares of NYSE:MSCI opened at $573.83 on Friday. MSCI Inc has a 52-week low of $501.08 and a 52-week high of $644.77. The company has a market capitalization of $41.72 billion, a PE ratio of 31.39, a price-to-earnings-growth ratio of 2.18 and a beta of 1.24. The company has a fifty day moving average of $596.03 and a 200-day moving average of $576.61.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share for the quarter, missing the consensus estimate of $4.99 by ($0.05). The firm had revenue of $867.00 million for the quarter, compared to analyst estimates of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $4.17 EPS. On average, equities analysts forecast that MSCI Inc will post 19.61 EPS for the current fiscal year.

MSCI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. MSCI’s dividend payout ratio (DPR) is presently 44.86%.

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.