MSCI Inc. (NYSE:MSCI) is Coalescence Partners Investment Management LP's 4th Largest Position

Coalescence Partners Investment Management LP lifted its holdings in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 8.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,690 shares of the technology company's stock after purchasing an additional 2,676 shares during the quarter. MSCI comprises about 8.1% of Coalescence Partners Investment Management LP's holdings, making the stock its 4th biggest holding. Coalescence Partners Investment Management LP's holdings in MSCI were worth $21,414,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in MSCI. LRI Investments LLC raised its holdings in MSCI by 120.0% in 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. True Wealth Design LLC purchased a new position in MSCI in the third quarter valued at approximately $38,000. Ashton Thomas Securities LLC purchased a new position in MSCI in the third quarter valued at approximately $40,000. Compagnie Lombard Odier SCmA purchased a new position in MSCI in the fourth quarter valued at approximately $41,000. Finally, Planning Capital Management Corp increased its stake in MSCI by 35.1% in the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company's stock valued at $45,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

MSCI Trading Down 0.8 %

Shares of NYSE:MSCI traded down $4.28 during midday trading on Friday, hitting $562.01. 710,380 shares of the stock were exchanged, compared to its average volume of 521,586. The stock has a market cap of $43.64 billion, a P/E ratio of 39.97, a PEG ratio of 2.61 and a beta of 1.19. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The company has a 50 day moving average price of $590.02 and a 200-day moving average price of $590.20.

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MSCI (NYSE:MSCI - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) 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 prior year, the firm posted $3.68 earnings per share. On average, equities research analysts expect that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from MSCI's previous quarterly dividend of $1.60. MSCI's dividend payout ratio (DPR) is currently 51.21%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wolfe Research upgraded shares of MSCI from a "peer perform" rating to an "outperform" rating in a research note on Thursday, December 12th. Morgan Stanley increased their price target on shares of MSCI from $662.00 to $695.00 and gave the company an "overweight" rating in a research note on Thursday, December 12th. The Goldman Sachs Group upgraded shares of MSCI from a "neutral" rating to a "buy" rating and increased their price target for the company from $617.00 to $723.00 in a research note on Wednesday, December 18th. JPMorgan Chase & Co. lowered their target price on shares of MSCI from $700.00 to $680.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Finally, Barclays lowered their target price on shares of MSCI from $700.00 to $675.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $649.23.

Insider Buying and Selling

In other MSCI news, CEO Henry A. Fernandez purchased 5,300 shares of the stock in a transaction on 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 $729,599,549.01. This represents a 0.42 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 3.20% of the stock is currently owned by company 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.