MSCI Inc. (NYSE:MSCI) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. raised its holdings in MSCI Inc. (NYSE:MSCI - Free Report) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,047,960 shares of the technology company's stock after purchasing an additional 13,620 shares during the quarter. American Century Companies Inc. owned 1.32% of MSCI worth $504,855,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Legacy Advisors LLC boosted its holdings in MSCI by 2.8% during the fourth quarter. Legacy Advisors LLC now owns 664 shares of the technology company's stock worth $376,000 after buying an additional 18 shares in the last quarter. Conning Inc. grew its holdings in shares of MSCI by 4.1% in the 2nd quarter. Conning Inc. now owns 479 shares of the technology company's stock worth $231,000 after acquiring an additional 19 shares during the period. Sompo Asset Management Co. Ltd. increased its stake in MSCI by 1.0% in the 4th quarter. Sompo Asset Management Co. Ltd. now owns 2,080 shares of the technology company's stock valued at $1,177,000 after purchasing an additional 20 shares in the last quarter. Capital Advisors Ltd. LLC increased its stake in MSCI by 3.8% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 542 shares of the technology company's stock valued at $261,000 after purchasing an additional 20 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in MSCI by 5.0% during the second quarter. Concurrent Investment Advisors LLC now owns 423 shares of the technology company's stock worth $204,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on MSCI. Wells Fargo & Company raised MSCI to a "hold" rating in a report on Tuesday, August 13th. UBS Group raised their target price on shares of MSCI from $575.00 to $585.00 and gave the company a "buy" rating in a report on Tuesday, July 9th. Barclays lifted their target price on shares of MSCI from $600.00 to $650.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 24th. Morgan Stanley increased their price target on shares of MSCI from $615.00 to $640.00 and gave the company an "overweight" rating in a research report on Wednesday, July 24th. Finally, The Goldman Sachs Group lifted their price objective on MSCI from $526.00 to $590.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 24th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, MSCI presently has a consensus rating of "Moderate Buy" and a consensus price target of $584.79.

MSCI Stock Down 0.4 %

Shares of MSCI traded down $2.07 during mid-day trading on Thursday, hitting $559.93. The company had a trading volume of 386,349 shares, compared to its average volume of 562,444. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $617.39. The business's 50-day simple moving average is $541.33 and its 200-day simple moving average is $522.13. The stock has a market cap of $44.36 billion, a PE ratio of 38.22, a P/E/G ratio of 3.05 and a beta of 1.11.

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

MSCI Dividend Announcement

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

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.