MSCI Inc. (NYSE:MSCI) Shares Bought by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its position in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 57.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,215 shares of the technology company's stock after buying an additional 1,168 shares during the quarter. TD Private Client Wealth LLC's holdings in MSCI were worth $1,874,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Toronto Dominion Bank increased its holdings in shares of MSCI by 1.4% during the 3rd quarter. Toronto Dominion Bank now owns 39,233 shares of the technology company's stock worth $22,870,000 after buying an additional 539 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in MSCI by 5.2% during the third quarter. Coldstream Capital Management Inc. now owns 1,715 shares of the technology company's stock worth $1,002,000 after acquiring an additional 85 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of MSCI by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,862,362 shares of the technology company's stock worth $1,082,594,000 after purchasing an additional 13,691 shares during the period. LRI Investments LLC lifted its stake in shares of MSCI by 120.0% in the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company's stock valued at $27,000 after purchasing an additional 24 shares in the last quarter. Finally, Cape Cod Five Cents Savings Bank lifted its stake in shares of MSCI by 26.9% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 10,027 shares of the technology company's stock valued at $5,845,000 after purchasing an additional 2,125 shares in the last quarter. Hedge funds and other institutional investors own 89.97% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. UBS Group cut their price target on shares of MSCI from $695.00 to $680.00 and set a "buy" rating on the stock in a report on Wednesday, October 30th. Morgan Stanley increased their price target on MSCI from $662.00 to $695.00 and gave the company an "overweight" rating in a report on Thursday. Evercore ISI started coverage on MSCI in a research note on Wednesday, October 2nd. They set an "outperform" rating and a $690.00 price objective on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $638.00 target price on shares of MSCI in a research note on Wednesday, October 30th. Finally, Barclays boosted their price target on MSCI from $650.00 to $700.00 and gave the stock an "overweight" rating in a research report on Friday, September 13th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, MSCI currently has an average rating of "Moderate Buy" and an average price target of $634.58.

Insider Activity

In other news, CEO Henry A. Fernandez acquired 2,900 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the transaction, the chief executive officer now directly owns 330,379 shares in the company, valued at $202,456,251.20. This trade represents a 0.89 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.20% of the company's stock.

MSCI Trading Down 1.7 %

NYSE MSCI traded down $10.89 during trading hours on Friday, reaching $625.10. 374,327 shares of the company traded hands, compared to its average volume of 535,320. The stock has a market capitalization of $48.99 billion, a PE ratio of 41.04, a PEG ratio of 3.27 and a beta of 1.10. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $642.45. The company has a 50 day moving average of $599.20 and a two-hundred day moving average of $553.33.

MSCI (NYSE:MSCI - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, topping the consensus estimate of $3.77 by $0.09. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The business had revenue of $724.70 million for the quarter, compared to analysts' expectations of $716.15 million. During the same quarter last year, the company posted $3.45 earnings per share. The company's quarterly revenue was up 15.9% compared to the same quarter last year. On average, equities research analysts anticipate that MSCI Inc. will post 14.98 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a dividend of $1.60 per share. The ex-dividend date was Friday, November 15th. This represents a $6.40 annualized dividend and a yield of 1.02%. MSCI's payout ratio is 42.02%.

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.