Representative Julie Johnson (D-Texas) recently bought shares of MSCI Inc. NYSE: MSCI. In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in MSCI stock on January 15th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
- Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
- Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
- Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
- Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
- Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
- Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
- Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
- Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
- Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.
MSCI Stock Performance
Shares of MSCI stock traded up $0.48 on Monday, hitting $572.78. The company had a trading volume of 453,866 shares, compared to its average volume of 532,231. The stock has a market capitalization of $44.89 billion, a price-to-earnings ratio of 40.74, a P/E/G ratio of 2.67 and a beta of 1.11. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45. The stock has a 50 day moving average of $601.53 and a 200-day moving average of $586.86.
MSCI (NYSE:MSCI - Get Free Report) last released its earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period last year, the firm earned $3.68 earnings per share. Equities analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current year.
MSCI Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $1.80 dividend. The ex-dividend date is Friday, February 14th. This is an increase from MSCI's previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a dividend yield of 1.26%. MSCI's dividend payout ratio is 45.52%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of MSCI. CWM LLC grew its stake in shares of MSCI by 50.3% during the third quarter. CWM LLC now owns 3,818 shares of the technology company's stock valued at $2,226,000 after buying an additional 1,278 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of MSCI by 23.5% in the third quarter. Exchange Traded Concepts LLC now owns 941 shares of the technology company's stock worth $549,000 after purchasing an additional 179 shares during the last quarter. Procyon Advisors LLC boosted its position in MSCI by 16.6% during the 3rd quarter. Procyon Advisors LLC now owns 1,956 shares of the technology company's stock valued at $1,140,000 after acquiring an additional 279 shares in the last quarter. CX Institutional bought a new stake in MSCI during the 3rd quarter valued at approximately $224,000. Finally, Creative Planning boosted its position in MSCI by 15.6% during the 3rd quarter. Creative Planning now owns 11,090 shares of the technology company's stock valued at $6,465,000 after acquiring an additional 1,499 shares in the last quarter. 89.97% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several brokerages have weighed in on MSCI. The Goldman Sachs Group raised MSCI from a "neutral" rating to a "buy" rating and increased their price objective for the company from $617.00 to $723.00 in a report on Wednesday, December 18th. Wolfe Research upgraded MSCI from a "peer perform" rating to an "outperform" rating in a research report on Thursday, December 12th. Morgan Stanley increased their target price on MSCI from $662.00 to $695.00 and gave the stock an "overweight" rating in a research report on Thursday, December 12th. Barclays dropped their target price on MSCI from $700.00 to $675.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $675.00 price objective on shares of MSCI in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $649.23.
Get Our Latest Report on MSCI
Insider Buying and Selling at MSCI
In other MSCI news, CEO Henry A. Fernandez bought 2,900 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now owns 330,379 shares of the company's stock, valued at approximately $202,456,251.20. This trade represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.20% of the company's stock.
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.
About MSCI
(
Get Free Report)
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.
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