Integrated Investment Consultants LLC Invests $610,000 in MSCI Inc. (NYSE:MSCI)

Integrated Investment Consultants LLC acquired a new stake in MSCI Inc. (NYSE:MSCI - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,046 shares of the technology company's stock, valued at approximately $610,000.

Several other hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC bought a new position in MSCI during the second quarter worth about $26,000. HWG Holdings LP bought a new stake in shares of MSCI during the second quarter valued at about $27,000. Crewe Advisors LLC bought a new position in shares of MSCI in the first quarter valued at approximately $34,000. Ridgewood Investments LLC purchased a new position in MSCI during the second quarter valued at approximately $40,000. Finally, Ashton Thomas Securities LLC purchased a new position in MSCI during the third quarter valued at approximately $40,000. Institutional investors own 89.97% of the company's stock.

MSCI Stock Performance

MSCI traded up $7.91 on Friday, hitting $589.25. 437,013 shares of the company were exchanged, compared to its average volume of 544,133. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $631.70. The firm has a fifty day simple moving average of $586.39 and a two-hundred day simple moving average of $541.49. The stock has a market capitalization of $46.18 billion, a PE ratio of 38.69, a price-to-earnings-growth ratio of 3.10 and a beta of 1.11.

MSCI (NYSE:MSCI - Get Free Report) last issued its earnings results on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, topping the consensus estimate of $3.77 by $0.09. The company had revenue of $724.70 million for 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 firm's revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the firm earned $3.45 earnings per share. On average, equities analysts expect that MSCI Inc. will post 14.98 earnings per share for the current year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $6.40 annualized dividend and a dividend yield of 1.09%. MSCI's payout ratio is presently 42.02%.

Analyst Ratings Changes

MSCI has been the topic of several research analyst reports. Wells Fargo & Company upped their price target on shares of MSCI from $570.00 to $600.00 and gave the stock an "equal weight" rating in a report on Friday, October 11th. Argus upped their target price on MSCI from $520.00 to $600.00 and gave the stock a "buy" rating in a research note on Friday, July 26th. Royal Bank of Canada reiterated an "outperform" rating and set a $638.00 price target on shares of MSCI in a research report on Wednesday, October 30th. Evercore ISI initiated coverage on shares of MSCI in a research report on Wednesday, October 2nd. They issued an "outperform" rating and a $690.00 price objective on the stock. Finally, UBS Group dropped their target price on shares of MSCI from $695.00 to $680.00 and set a "buy" rating for the company in a research report on Wednesday, October 30th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, MSCI presently has an average rating of "Moderate Buy" and an average price target of $631.83.

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.