Fmr LLC Has $512.08 Million Stock Position in MSCI Inc. (NYSE:MSCI)

FMR LLC grew its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 853,452 shares of the technology company's stock after purchasing an additional 25,325 shares during the period. FMR LLC owned about 1.09% of MSCI worth $512,079,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MSCI. LRI Investments LLC grew its holdings in shares of MSCI by 120.0% during the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company's stock worth $27,000 after purchasing an additional 24 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in shares of MSCI in the 4th quarter worth approximately $41,000. Y.D. More Investments Ltd lifted its position in shares of MSCI by 122.7% during the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company's stock worth $59,000 after buying an additional 54 shares during the period. Picton Mahoney Asset Management bought a new stake in MSCI in the fourth quarter valued at $60,000. Finally, Private Trust Co. NA boosted 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 valued at $68,000 after purchasing an additional 36 shares in the last quarter. Institutional investors own 89.97% of the company's stock.

Insider Activity at MSCI

In related news, COO Cd Baer Pettit sold 5,000 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $524.25, for a total transaction of $2,621,250.00. Following the sale, the chief operating officer now owns 294,787 shares in the company, valued at approximately $154,542,084.75. This trade represents a 1.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Henry A. Fernandez bought 5,300 shares of the stock in a transaction on Monday, February 24th. The shares were acquired at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the purchase, the chief executive officer now 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 position. The disclosure for this purchase can be found here. 3.31% of the stock is owned by company insiders.

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MSCI Price Performance

Shares of MSCI stock traded up $8.86 on Tuesday, hitting $560.11. The company had a trading volume of 79,975 shares, compared to its average volume of 567,745. The firm has a market capitalization of $43.49 billion, a P/E ratio of 39.84, a P/E/G ratio of 2.61 and a beta of 1.30. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The stock has a 50-day moving average of $561.54 and a 200-day moving average of $586.67.

MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, topping 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 quarter in the previous year, the company earned $3.68 earnings per share. Equities analysts predict that MSCI Inc. will post 16.86 EPS for the current year.

MSCI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from MSCI's previous quarterly dividend of $1.60. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.29%. MSCI's payout ratio is presently 51.21%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MSCI shares. Bank of America assumed coverage on shares of MSCI in a research report on Thursday, April 10th. They issued a "neutral" rating and a $585.00 price target on the stock. Wells Fargo & Company reduced their price objective on MSCI from $623.00 to $532.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 9th. The Goldman Sachs Group upgraded MSCI from a "neutral" rating to a "buy" rating and raised their target price for the company from $617.00 to $723.00 in a research note on Wednesday, December 18th. Royal Bank of Canada reissued an "outperform" rating and set a $675.00 price target on shares of MSCI in a research note on Thursday, January 30th. Finally, Barclays decreased their price objective on MSCI from $675.00 to $650.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, MSCI currently has an average rating of "Moderate Buy" and an average target price of $646.58.

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.