B. Metzler seel. Sohn & Co. Holding AG Takes Position in MSCI Inc. (NYSE:MSCI)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in MSCI Inc. (NYSE:MSCI - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 24,154 shares of the technology company's stock, valued at approximately $14,080,000.

Several other institutional investors also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC boosted its holdings in MSCI by 3.1% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 732 shares of the technology company's stock worth $427,000 after buying an additional 22 shares during the last quarter. Wrapmanager Inc. boosted its holdings in shares of MSCI by 15.3% during the 3rd quarter. Wrapmanager Inc. now owns 1,716 shares of the technology company's stock worth $1,000,000 after purchasing an additional 228 shares during the last quarter. Quest Partners LLC boosted its holdings in shares of MSCI by 4,032.2% during the 3rd quarter. Quest Partners LLC now owns 3,595 shares of the technology company's stock worth $2,096,000 after purchasing an additional 3,508 shares during the last quarter. AMG National Trust Bank boosted its holdings in shares of MSCI by 1.3% during the 3rd quarter. AMG National Trust Bank now owns 11,925 shares of the technology company's stock worth $6,951,000 after purchasing an additional 154 shares during the last quarter. Finally, Gilbert & Cook Inc. boosted its holdings in shares of MSCI by 5.5% during the 3rd quarter. Gilbert & Cook Inc. now owns 916 shares of the technology company's stock worth $534,000 after purchasing an additional 48 shares during the last quarter. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on MSCI. Morgan Stanley boosted their target price on MSCI from $640.00 to $662.00 and gave the stock an "overweight" rating in a report on Wednesday, October 30th. Barclays boosted their target price on MSCI from $650.00 to $700.00 and gave the stock an "overweight" rating in a report on Friday, September 13th. Redburn Atlantic upgraded MSCI from a "neutral" rating to a "buy" rating and set a $680.00 target price on the stock in a report on Wednesday, October 9th. UBS Group decreased their price objective on MSCI from $695.00 to $680.00 and set a "buy" rating on the stock in a report on Wednesday, October 30th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $638.00 price objective on shares of MSCI in a report on Wednesday, October 30th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $631.83.

MSCI Stock Up 0.6 %

NYSE MSCI traded up $3.81 on Tuesday, reaching $596.93. The stock had a trading volume of 457,233 shares, compared to its average volume of 542,529. The firm has a market capitalization of $46.78 billion, a price-to-earnings ratio of 38.94, a P/E/G ratio of 3.09 and a beta of 1.11. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $631.70. The stock has a fifty day moving average price of $584.32 and a two-hundred day moving average price of $539.21.

MSCI (NYSE:MSCI - Get Free Report) last announced its earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.77 by $0.09. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The firm's quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.45 earnings per share. Sell-side analysts forecast that MSCI Inc. will post 14.98 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Friday, November 15th. MSCI's dividend payout ratio is currently 42.02%.

MSCI Company Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.