EULAV Asset Management Has $109.86 Million Stock Holdings in MSCI Inc. (NYSE:MSCI)

EULAV Asset Management lifted its stake in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 8.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 188,457 shares of the technology company's stock after acquiring an additional 14,754 shares during the quarter. MSCI makes up approximately 2.7% of EULAV Asset Management's holdings, making the stock its 5th biggest position. EULAV Asset Management owned about 0.24% of MSCI worth $109,857,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Prime Capital Investment Advisors LLC raised its holdings in shares of MSCI by 30.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 564 shares of the technology company's stock worth $329,000 after acquiring an additional 130 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of MSCI during the 2nd quarter valued at approximately $91,748,000. Grove Bank & Trust increased its position in shares of MSCI by 52.4% during the 3rd quarter. Grove Bank & Trust now owns 3,779 shares of the technology company's stock valued at $2,203,000 after purchasing an additional 1,299 shares during the last quarter. LBP AM SA bought a new position in shares of MSCI during the 1st quarter valued at approximately $778,000. Finally, Cetera Advisors LLC increased its position in shares of MSCI by 207.9% during the 1st quarter. Cetera Advisors LLC now owns 2,956 shares of the technology company's stock valued at $1,657,000 after purchasing an additional 1,996 shares during the last quarter. 89.97% of the stock is currently owned by institutional investors.

MSCI Trading Down 2.5 %

MSCI traded down $15.13 on Wednesday, hitting $582.00. 888,763 shares of the company were exchanged, compared to its average volume of 544,068. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $631.70. The company has a market cap of $45.61 billion, a price-to-earnings ratio of 39.19, a price-to-earnings-growth ratio of 3.09 and a beta of 1.11. The firm has a 50-day moving average price of $585.01 and a two-hundred day moving average price of $540.12.

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

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.10%. The ex-dividend date is Friday, November 15th. MSCI's payout ratio is 42.02%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MSCI shares. Royal Bank of Canada reissued an "outperform" rating and set a $638.00 price target on shares of MSCI in a research report on Wednesday, October 30th. UBS Group dropped their price objective on MSCI from $695.00 to $680.00 and set a "buy" rating on the stock in a report on Wednesday, October 30th. Morgan Stanley raised their price objective on MSCI from $640.00 to $662.00 and gave the company an "overweight" rating in a report on Wednesday, October 30th. Barclays raised their price objective on MSCI from $650.00 to $700.00 and gave the company an "overweight" rating in a report on Friday, September 13th. Finally, The Goldman Sachs Group raised their price objective on MSCI from $526.00 to $590.00 and gave the company a "neutral" rating in a report on Wednesday, July 24th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $631.83.

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.