Teacher Retirement System of Texas Acquires 82,451 Shares of MSCI Inc. (NYSE:MSCI)

Teacher Retirement System of Texas boosted its position in MSCI Inc. (NYSE:MSCI - Free Report) by 316.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 108,486 shares of the technology company's stock after purchasing an additional 82,451 shares during the period. Teacher Retirement System of Texas owned about 0.14% of MSCI worth $65,093,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal London Asset Management Ltd. grew its position in MSCI by 1.3% during the fourth quarter. Royal London Asset Management Ltd. now owns 31,542 shares of the technology company's stock valued at $18,926,000 after buying an additional 401 shares during the period. GCQ FUNDS MANAGEMENT PTY Ltd purchased a new stake in shares of MSCI during the 4th quarter worth approximately $40,812,000. Vinva Investment Management Ltd raised its holdings in shares of MSCI by 38.7% in the 4th quarter. Vinva Investment Management Ltd now owns 28,912 shares of the technology company's stock worth $17,337,000 after purchasing an additional 8,068 shares during the period. Xponance Inc. lifted its stake in MSCI by 1.8% in the fourth quarter. Xponance Inc. now owns 19,597 shares of the technology company's stock valued at $11,758,000 after purchasing an additional 340 shares during the last quarter. Finally, Horizon Investments LLC grew its holdings in MSCI by 3.0% during the fourth quarter. Horizon Investments LLC now owns 1,220 shares of the technology company's stock valued at $732,000 after purchasing an additional 35 shares during the period. Hedge funds and other institutional investors own 89.97% of the company's stock.

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MSCI Price Performance

MSCI stock traded up $4.16 during trading hours on Monday, reaching $566.72. The stock had a trading volume of 476,923 shares, compared to its average volume of 529,219. The stock has a market cap of $44.01 billion, a PE ratio of 40.31, a PEG ratio of 2.61 and a beta of 1.19. The company has a fifty day simple moving average of $581.93 and a 200-day simple moving average of $588.76. MSCI Inc. has a 52 week low of $439.95 and a 52 week high of $642.45.

MSCI (NYSE:MSCI - Get Free Report) last announced its earnings results on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, beating analysts' consensus estimates 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 quarter in the prior year, the firm earned $3.68 earnings per share. Research analysts predict that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $1.80 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from MSCI's previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a yield of 1.27%. MSCI's dividend payout ratio (DPR) is 51.21%.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 5,300 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the transaction, the chief executive officer now directly owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. The trade was a 0.42 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.20% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on MSCI. Barclays cut their target price on shares of MSCI from $700.00 to $675.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on shares of MSCI from $700.00 to $680.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. The Goldman Sachs Group upgraded MSCI from a "neutral" rating to a "buy" rating and increased their target price for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Wolfe Research upgraded MSCI from a "peer perform" rating to an "outperform" rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $675.00 target price on shares of MSCI in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, MSCI currently has a consensus rating of "Moderate Buy" and a consensus target price of $649.23.

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.