Capital International Inc. CA Sells 8,490 Shares of MSCI Inc. (NYSE:MSCI)

Capital International Inc. CA trimmed its holdings in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 24.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,896 shares of the technology company's stock after selling 8,490 shares during the quarter. Capital International Inc. CA's holdings in MSCI were worth $16,138,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA bought a new position in shares of MSCI in the 4th quarter worth about $41,000. Y.D. More Investments Ltd increased its stake in MSCI by 122.7% during the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company's stock valued at $59,000 after buying an additional 54 shares during the period. Picton Mahoney Asset Management bought a new stake in MSCI during the fourth quarter worth approximately $60,000. Private Trust Co. NA raised its stake in shares of MSCI by 46.8% in the 4th quarter. Private Trust Co. NA now owns 113 shares of the technology company's stock worth $68,000 after buying an additional 36 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its position in MSCI by 21.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 117 shares of the technology company's stock worth $70,000 after acquiring an additional 21 shares in the last quarter. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

MSCI Stock Down 0.6 %

Shares of MSCI stock traded down $3.28 during trading on Thursday, reaching $530.13. 689,634 shares of the company were exchanged, compared to its average volume of 556,490. MSCI Inc. has a twelve month low of $449.00 and a twelve month high of $642.45. The business has a 50-day moving average price of $556.63 and a 200-day moving average price of $584.59. The firm has a market capitalization of $41.17 billion, a price-to-earnings ratio of 37.70, a P/E/G ratio of 2.61 and a beta of 1.30.

MSCI (NYSE:MSCI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, topping analysts' consensus estimates of $3.88 by $0.12. The company had revenue of $745.83 million for the quarter, compared to analysts' expectations of $746.45 million. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. On average, equities research analysts forecast that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, May 16th. MSCI's dividend payout ratio is 51.21%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MSCI. JPMorgan Chase & Co. dropped their price target on MSCI from $680.00 to $650.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Wells Fargo & Company dropped their target price on shares of MSCI from $532.00 to $530.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada restated an "outperform" rating and issued a $675.00 price target on shares of MSCI in a research report on Wednesday, April 16th. Barclays lowered their price objective on shares of MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Finally, Evercore ISI reduced their target price on MSCI from $673.00 to $631.00 and set an "outperform" rating for the company in a report on Wednesday. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $639.00.

Insider Activity

In related news, CEO Henry A. Fernandez acquired 5,300 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the acquisition, the chief executive officer now directly owns 1,269,951 shares of the company's stock, valued at approximately $729,599,549.01. The trade was a 0.42 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Cd Baer Pettit sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $524.25, for a total value of $2,621,250.00. Following the transaction, the chief operating officer now directly owns 294,787 shares in the company, valued at $154,542,084.75. This trade represents a 1.67 % decrease in their position. The disclosure for this sale can be found here. 3.31% of the stock is owned by corporate insiders.

MSCI 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.