MSCI Inc. (NYSE:MSCI) Shares Acquired by Czech National Bank

Czech National Bank lifted its position in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,993 shares of the technology company's stock after purchasing an additional 972 shares during the quarter. Czech National Bank's holdings in MSCI were worth $10,196,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MSCI. Frank Rimerman Advisors LLC grew its position in MSCI by 0.9% during the third quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company's stock valued at $1,147,000 after buying an additional 17 shares during the period. CWA Asset Management Group LLC boosted its stake in shares of MSCI by 4.2% during the 4th quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company's stock worth $251,000 after acquiring an additional 17 shares in the last quarter. Planning Capital Management Corp grew its position in shares of MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company's stock valued at $45,000 after acquiring an additional 20 shares during the period. Private Trust Co. NA increased its stake in shares of MSCI by 35.1% in the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company's stock valued at $45,000 after purchasing an additional 20 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised 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 purchasing an additional 22 shares during the period. 89.97% of the stock is owned by hedge funds and other institutional investors.

MSCI Price Performance

Shares of MSCI stock traded up $4.99 during trading hours on Tuesday, reaching $585.51. 446,888 shares of the stock were exchanged, compared to its average volume of 387,687. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45. The business's fifty day moving average is $602.40 and its two-hundred day moving average is $571.95. The firm has a market capitalization of $45.89 billion, a P/E ratio of 38.44, a P/E/G ratio of 3.21 and a beta of 1.11.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 earnings per share for the quarter, topping the consensus estimate of $3.77 by $0.09. The business had revenue of $724.70 million during the quarter, compared to the consensus estimate of $716.15 million. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The company's revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.45 EPS. As a group, equities research analysts predict that MSCI Inc. will post 14.98 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $1.60 per share. The ex-dividend date was Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.09%. MSCI's dividend payout ratio (DPR) is presently 42.02%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on MSCI from $570.00 to $600.00 and gave the company an "equal weight" rating in a research report on Friday, October 11th. Wolfe Research raised shares of MSCI from a "peer perform" rating to an "outperform" rating in a report on Thursday, December 12th. The Goldman Sachs Group upgraded shares of MSCI from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. UBS Group dropped their target price on shares of MSCI from $695.00 to $680.00 and set a "buy" rating on the stock in a research report on Wednesday, October 30th. Finally, Evercore ISI started coverage on shares of MSCI in a research report on Wednesday, October 2nd. They set an "outperform" rating and a $690.00 price target for the company. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $645.67.

Insider Activity at MSCI

In other news, CEO Henry A. Fernandez purchased 2,900 shares of the company's stock in a transaction dated 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 purchase, the chief executive officer now directly owns 330,379 shares in the company, valued at $202,456,251.20. The trade was a 0.89 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.20% of the stock is owned by insiders.

About MSCI

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.