GSA Capital Partners LLP increased its holdings in Msci Inc (NYSE:MSCI) by 89.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,828 shares of the technology company’s stock after acquiring an additional 2,747 shares during the quarter. GSA Capital Partners LLP’s holdings in Msci were worth $1,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of MSCI. Fiera Capital Corp grew its position in Msci by 2.1% during the 1st quarter. Fiera Capital Corp now owns 3,590,361 shares of the technology company’s stock valued at $713,908,000 after purchasing an additional 73,967 shares during the last quarter. American Century Companies Inc. grew its position in Msci by 22.5% during the 1st quarter. American Century Companies Inc. now owns 1,979,124 shares of the technology company’s stock valued at $393,529,000 after purchasing an additional 363,875 shares during the last quarter. Geode Capital Management LLC grew its position in Msci by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 1,158,543 shares of the technology company’s stock valued at $170,508,000 after purchasing an additional 30,881 shares during the last quarter. Principal Financial Group Inc. grew its position in Msci by 3.6% during the 1st quarter. Principal Financial Group Inc. now owns 1,002,149 shares of the technology company’s stock valued at $199,267,000 after purchasing an additional 35,095 shares during the last quarter. Finally, C WorldWide Group Holding A S purchased a new stake in Msci during the 2nd quarter valued at about $182,576,000. Institutional investors own 92.07% of the company’s stock.
Shares of NYSE MSCI traded down $3.00 during trading on Friday, reaching $233.00. 791,160 shares of the company traded hands, compared to its average volume of 566,244. The firm has a 50 day simple moving average of $232.23 and a 200-day simple moving average of $215.33. The stock has a market capitalization of $19.99 billion, a PE ratio of 43.55, a P/E/G ratio of 3.74 and a beta of 1.12. Msci Inc has a 52-week low of $134.28 and a 52-week high of $247.57.
Msci (NYSE:MSCI) last announced its quarterly earnings results on Thursday, August 1st. The technology company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.03. The firm had revenue of $385.56 million for the quarter, compared to the consensus estimate of $382.81 million. Msci had a net margin of 39.27% and a negative return on equity of 599.92%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.30 EPS. As a group, equities research analysts forecast that Msci Inc will post 6.31 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Thursday, August 15th. This is an increase from Msci’s previous quarterly dividend of $0.58. Msci’s dividend payout ratio (DPR) is presently 50.84%.
MSCI has been the topic of several recent analyst reports. Barclays reissued a “buy” rating and set a $240.00 price objective on shares of Msci in a research report on Sunday, May 5th. Cantor Fitzgerald increased their price objective on shares of Msci from $188.00 to $247.00 in a research report on Friday, May 3rd. Morgan Stanley increased their price objective on shares of Msci from $223.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday, July 19th. UBS Group downgraded shares of Msci from a “buy” rating to a “neutral” rating and increased their price objective for the company from $234.00 to $258.00 in a research report on Monday, July 8th. Finally, TheStreet downgraded shares of Msci from a “b” rating to a “c+” rating in a research report on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $217.63.
MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
Further Reading: Average Daily Trade Volume – ADTV
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