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Bryn Mawr Capital Management LLC Acquires 21,671 Shares of MSCI Inc. (NYSE:MSCI)

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Bryn Mawr Capital Management LLC increased its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 1,300.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,337 shares of the technology company's stock after buying an additional 21,671 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in MSCI were worth $14,002,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. LRI Investments LLC boosted its position in MSCI by 120.0% during the third quarter. LRI Investments LLC now owns 44 shares of the technology company's stock worth $27,000 after purchasing an additional 24 shares during the period. True Wealth Design LLC bought a new position in MSCI during the third quarter worth $38,000. Ashton Thomas Securities LLC bought a new position in MSCI during the third quarter worth $40,000. Compagnie Lombard Odier SCmA bought a new position in MSCI during the fourth quarter worth $41,000. Finally, Planning Capital Management Corp boosted its position in MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company's stock worth $45,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 89.97% of the company's stock.

Insider Activity at MSCI

In related news, CEO Henry A. Fernandez bought 2,900 shares of MSCI stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now directly owns 330,379 shares of the company's stock, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 3.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group raised shares of MSCI from a "neutral" rating to a "buy" rating and boosted their target price for the company from $617.00 to $723.00 in a research report on Wednesday, December 18th. Barclays reduced their target price on shares of MSCI from $700.00 to $675.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Royal Bank of Canada reissued an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research report on Thursday, January 30th. Wolfe Research raised shares of MSCI from a "peer perform" rating to an "outperform" rating in a research report on Thursday, December 12th. Finally, UBS Group dropped their price target on MSCI from $695.00 to $680.00 and set a "buy" rating for the company in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, MSCI presently has an average rating of "Moderate Buy" and a consensus price target of $649.23.

Get Our Latest Report on MSCI

MSCI Stock Performance

Shares of MSCI stock traded up $3.78 on Friday, hitting $578.13. The stock had a trading volume of 244,200 shares, compared to its average volume of 544,394. The stock has a 50 day moving average of $597.17 and a 200 day moving average of $587.09. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The firm has a market capitalization of $44.89 billion, a P/E ratio of 41.11, a PEG ratio of 2.61 and a beta of 1.11.

MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period in the prior year, the company earned $3.68 earnings per share. Equities analysts expect that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $1.80 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $7.20 annualized dividend and a dividend yield of 1.25%. This is an increase from MSCI's previous quarterly dividend of $1.60. MSCI's dividend payout ratio is currently 51.21%.

MSCI Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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