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Threadgill Financial LLC Purchases 922 Shares of MSCI Inc. (NYSE:MSCI)

MSCI logo with Finance background

Threadgill Financial LLC lifted its position in shares of MSCI Inc. (NYSE:MSCI - Free Report) by 255.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,283 shares of the technology company's stock after buying an additional 922 shares during the quarter. MSCI comprises 0.4% of Threadgill Financial LLC's holdings, making the stock its 29th biggest position. Threadgill Financial LLC's holdings in MSCI were worth $770,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Aprio Wealth Management LLC acquired a new position in MSCI in the fourth quarter valued at approximately $227,000. Czech National Bank increased its holdings in shares of MSCI by 6.1% during the fourth quarter. Czech National Bank now owns 16,993 shares of the technology company's stock valued at $10,196,000 after acquiring an additional 972 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of MSCI by 2.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 1,266 shares of the technology company's stock valued at $760,000 after acquiring an additional 27 shares in the last quarter. ORG Wealth Partners LLC grew its holdings in MSCI by 8.9% during the fourth quarter. ORG Wealth Partners LLC now owns 807 shares of the technology company's stock worth $484,000 after buying an additional 66 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in MSCI by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,906 shares of the technology company's stock worth $2,277,000 after buying an additional 28 shares in the last quarter. Institutional investors own 89.97% of the company's stock.

Insider Buying and Selling at MSCI

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Redburn Atlantic upgraded MSCI from a "neutral" rating to a "buy" rating and set a $680.00 price objective for the company in a research note on Wednesday, October 9th. Wolfe Research raised MSCI from a "peer perform" rating to an "outperform" rating in a report on Thursday, December 12th. Morgan Stanley increased their price objective on MSCI from $662.00 to $695.00 and gave the company an "overweight" rating in a research report on Thursday, December 12th. Evercore ISI initiated coverage on MSCI in a research report on Wednesday, October 2nd. They set an "outperform" rating and a $690.00 price objective on the stock. Finally, Royal Bank of Canada restated an "outperform" rating and set a $638.00 price target on shares of MSCI in a research report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, MSCI currently has an average rating of "Moderate Buy" and an average target price of $645.67.

View Our Latest Research Report on MSCI

MSCI Stock Up 1.0 %

Shares of MSCI traded up $5.57 during midday trading on Monday, hitting $581.30. The company had a trading volume of 410,440 shares, compared to its average volume of 387,777. MSCI Inc. has a 52 week low of $439.95 and a 52 week high of $642.45. The company's 50 day moving average price is $602.56 and its 200 day moving average price is $571.29. The stock has a market cap of $45.56 billion, a price-to-earnings ratio of 38.17, a PEG ratio of 3.21 and a beta of 1.11.

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

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $1.60 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $6.40 annualized dividend and a yield of 1.10%. MSCI's dividend payout ratio is presently 42.02%.

MSCI Company Profile

(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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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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