Dynamic Technology Lab Private Ltd Buys Shares of 1,460 MSCI Inc. (NYSE:MSCI)

Dynamic Technology Lab Private Ltd purchased a new position in MSCI Inc. (NYSE:MSCI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,460 shares of the technology company's stock, valued at approximately $876,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MSCI. LRI Investments LLC raised its stake in shares of MSCI by 120.0% during the third quarter. LRI Investments LLC now owns 44 shares of the technology company's stock valued at $27,000 after acquiring an additional 24 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new stake in MSCI during the 4th quarter valued at $41,000. Y.D. More Investments Ltd increased its stake in shares of MSCI by 122.7% during the fourth 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 shares of MSCI in the 4th quarter valued at about $60,000. Finally, Private Trust Co. NA boosted its stake in shares of MSCI by 46.8% during the fourth quarter. Private Trust Co. NA now owns 113 shares of the technology company's stock valued at $68,000 after purchasing an additional 36 shares in the last quarter. Institutional investors own 89.97% of the company's stock.

MSCI Trading Up 2.2 %

MSCI stock traded up $11.40 during mid-day trading on Friday, hitting $539.17. The company had a trading volume of 146,441 shares, compared to its average volume of 567,333. The company has a market capitalization of $41.87 billion, a price-to-earnings ratio of 38.27, a P/E/G ratio of 2.61 and a beta of 1.30. The company's fifty day moving average is $563.00 and its 200-day moving average is $586.85. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45.

Remove Ads

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

MSCI Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $1.80 dividend. This is a positive change from MSCI's previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a yield of 1.34%. The ex-dividend date was Friday, February 14th. MSCI's dividend payout ratio (DPR) is presently 51.21%.

Insider Transactions at MSCI

In related news, COO Cd Baer Pettit sold 5,000 shares of the stock in a transaction 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 completion of the transaction, the chief operating officer now directly owns 294,787 shares of the company's stock, valued at approximately $154,542,084.75. This represents a 1.67 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Henry A. Fernandez purchased 5,300 shares of the company's stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the transaction, the chief executive officer now directly owns 1,269,951 shares of the company's stock, valued at approximately $729,599,549.01. This represents a 0.42 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.31% of the company's stock.

Wall Street Analyst Weigh In

MSCI has been the subject of several analyst reports. Royal Bank of Canada reissued an "outperform" rating and set a $675.00 price target on shares of MSCI in a research report on Thursday, January 30th. JPMorgan Chase & Co. reduced their target price on MSCI from $700.00 to $680.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Wolfe Research raised MSCI from a "peer perform" rating to an "outperform" rating in a report on Thursday, December 12th. Morgan Stanley upped their price objective on shares of MSCI from $662.00 to $695.00 and gave the company an "overweight" rating in a report on Thursday, December 12th. Finally, The Goldman Sachs Group upgraded shares of MSCI from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $617.00 to $723.00 in a research note on Wednesday, December 18th. 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, the stock has an average rating of "Moderate Buy" and a consensus target price of $646.58.

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.