Skandinaviska Enskilda Banken AB publ Purchases 5,101 Shares of MSCI Inc. (NYSE:MSCI)

Skandinaviska Enskilda Banken AB publ raised its stake in MSCI Inc. (NYSE:MSCI - Free Report) by 7.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 69,948 shares of the technology company's stock after buying an additional 5,101 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned approximately 0.09% of MSCI worth $33,697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gilbert & Cook Inc. grew its holdings in MSCI by 17.7% in the 4th quarter. Gilbert & Cook Inc. now owns 672 shares of the technology company's stock worth $380,000 after buying an additional 101 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of MSCI by 20.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,838 shares of the technology company's stock valued at $2,171,000 after purchasing an additional 662 shares during the period. Thoroughbred Financial Services LLC bought a new stake in shares of MSCI during the fourth quarter valued at about $200,000. Wells Fargo & Company MN lifted its holdings in MSCI by 2.9% in the fourth quarter. Wells Fargo & Company MN now owns 99,954 shares of the technology company's stock worth $56,539,000 after purchasing an additional 2,847 shares during the period. Finally, Clearbridge Investments LLC grew its position in MSCI by 3.4% in the 4th quarter. Clearbridge Investments LLC now owns 7,054 shares of the technology company's stock valued at $3,990,000 after buying an additional 235 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on MSCI shares. The Goldman Sachs Group increased their price objective on shares of MSCI from $526.00 to $590.00 and gave the company a "neutral" rating in a report on Wednesday, July 24th. Argus raised their price target on MSCI from $520.00 to $600.00 and gave the stock a "buy" rating in a research note on Friday, July 26th. Morgan Stanley increased their price target on MSCI from $615.00 to $640.00 and gave the company an "overweight" rating in a report on Wednesday, July 24th. Wells Fargo & Company upgraded shares of MSCI to a "hold" rating in a report on Tuesday, August 13th. Finally, Barclays upped their price target on shares of MSCI from $650.00 to $700.00 and gave the company an "overweight" rating in a report on Friday, September 13th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $591.00.

MSCI Price Performance

Shares of MSCI traded down $5.04 on Friday, reaching $550.27. 172,525 shares of the stock traded hands, compared to its average volume of 557,063. The stock's 50-day moving average price is $547.99 and its 200-day moving average price is $521.93. The firm has a market cap of $43.59 billion, a price-to-earnings ratio of 37.91, a P/E/G ratio of 3.06 and a beta of 1.11. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $617.39.

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 (EPS) for the quarter, beating the consensus estimate of $3.55 by $0.09. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The firm had revenue of $707.90 million for the quarter, compared to analyst estimates of $696.41 million. During the same quarter in the previous year, the firm posted $3.26 EPS. The business's revenue for the quarter was up 14.0% on a year-over-year basis. As a group, equities research analysts forecast that MSCI Inc. will post 14.79 earnings per share for the current fiscal 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 issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date 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.