Jensen Investment Management Inc. Has $4.47 Million Position in MSCI Inc. (NYSE:MSCI)

Jensen Investment Management Inc. boosted its holdings in MSCI Inc. (NYSE:MSCI - Free Report) by 51.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,270 shares of the technology company's stock after buying an additional 3,140 shares during the period. Jensen Investment Management Inc.'s holdings in MSCI were worth $4,466,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Nordea Investment Management AB grew its position in shares of MSCI by 9.7% during the 1st quarter. Nordea Investment Management AB now owns 239,933 shares of the technology company's stock worth $134,475,000 after buying an additional 21,310 shares during the period. Evoke Wealth LLC grew its holdings in MSCI by 18.4% during the fourth quarter. Evoke Wealth LLC now owns 13,720 shares of the technology company's stock valued at $7,761,000 after purchasing an additional 2,135 shares during the period. Grayhawk Investment Strategies Inc. bought a new stake in MSCI in the fourth quarter valued at approximately $959,000. Nomura Holdings Inc. acquired a new stake in MSCI in the fourth quarter worth $904,000. Finally, Principal Financial Group Inc. boosted its position in shares of MSCI by 7.5% during the fourth quarter. Principal Financial Group Inc. now owns 819,422 shares of the technology company's stock worth $463,506,000 after purchasing an additional 57,342 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors and hedge funds.

MSCI Stock Performance

Shares of MSCI stock traded down $10.81 during midday trading on Friday, hitting $559.85. 411,186 shares of the company were exchanged, compared to its average volume of 565,400. The firm has a market capitalization of $44.35 billion, a P/E ratio of 38.22, a PEG ratio of 3.16 and a beta of 1.11. MSCI Inc. has a 52 week low of $439.95 and a 52 week high of $617.39. The firm's 50 day moving average price is $535.55 and its two-hundred day moving average price is $522.16.

MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 earnings per share for the quarter, topping the consensus estimate of $3.55 by $0.09. The firm had revenue of $707.90 million for the quarter, compared to analysts' expectations of $696.41 million. MSCI had a negative return on equity of 143.09% and a net margin of 43.86%. The company's quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business earned $3.26 EPS. Analysts expect that MSCI Inc. will post 14.79 EPS for the current year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were paid a dividend of $1.60 per share. The ex-dividend date was Friday, August 16th. This represents a $6.40 dividend on an annualized basis and a yield of 1.14%. MSCI's dividend payout ratio (DPR) is presently 43.69%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wells Fargo & Company upgraded MSCI to a "hold" rating in a research report on Tuesday, August 13th. Barclays upped their price target on shares of MSCI from $600.00 to $650.00 and gave the company an "overweight" rating in a report on Wednesday, July 24th. The Goldman Sachs Group raised their price objective on shares of MSCI from $526.00 to $590.00 and gave the stock a "neutral" rating in a report on Wednesday, July 24th. Argus upped their target price on shares of MSCI from $520.00 to $600.00 and gave the stock a "buy" rating in a research note on Friday, July 26th. Finally, Morgan Stanley lifted their price target on MSCI from $615.00 to $640.00 and gave the company an "overweight" rating in a research note on Wednesday, July 24th. Eight analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $584.79.

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.