Marsico Capital Management LLC Has $9.36 Million Stock Holdings in MSCI Inc. (NYSE:MSCI)

Marsico Capital Management LLC boosted its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 6.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,431 shares of the technology company's stock after purchasing an additional 1,167 shares during the period. Marsico Capital Management LLC's holdings in MSCI were worth $9,361,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Rise Advisors LLC bought a new stake in MSCI during the 1st quarter worth $26,000. Rothschild Investment LLC bought a new stake in shares of MSCI during the second quarter worth about $26,000. Crewe Advisors LLC acquired a new position in shares of MSCI in the first quarter valued at approximately $34,000. Ridgewood Investments LLC bought a new position in MSCI in the 2nd quarter valued at approximately $40,000. Finally, Carolinas Wealth Consulting LLC raised its holdings in MSCI by 36.1% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 98 shares of the technology company's stock valued at $55,000 after buying an additional 26 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on MSCI. UBS Group boosted their target price on shares of MSCI from $575.00 to $585.00 and gave the stock a "buy" rating in a report on Tuesday, July 9th. Argus boosted their price objective 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. Barclays raised their target price on MSCI from $650.00 to $700.00 and gave the stock an "overweight" rating in a research report on Friday, September 13th. Morgan Stanley upped their price target on 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 raised 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. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $591.00.

MSCI Stock Performance

Shares of MSCI stock traded down $4.67 on Wednesday, reaching $551.71. 466,873 shares of the company's stock were exchanged, compared to its average volume of 559,770. The company has a market capitalization of $43.71 billion, a P/E ratio of 37.98, a price-to-earnings-growth ratio of 3.06 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 is $545.50 and its two-hundred day moving average is $521.49.

MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, topping 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 business had revenue of $707.90 million during the quarter, compared to analysts' expectations of $696.41 million. During the same period last year, the company posted $3.26 earnings per share. The business's quarterly revenue was up 14.0% on a year-over-year basis. On average, analysts expect that MSCI Inc. will post 14.79 EPS for the current fiscal year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Friday, August 16th. MSCI's payout ratio is 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.