MSCI Inc. (NYSE:MSCI) Director Holdings L.P. Valueact sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $86.23, for a total value of $10,778,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Holdings L.P. Valueact also recently made the following trade(s):
- On Tuesday, September 20th, Holdings L.P. Valueact sold 75,000 shares of MSCI stock. The shares were sold at an average price of $85.66, for a total value of $6,424,500.00.
- On Monday, September 19th, Holdings L.P. Valueact sold 75,000 shares of MSCI stock. The shares were sold at an average price of $85.35, for a total value of $6,401,250.00.
Shares of MSCI Inc. (NYSE:MSCI) opened at 86.77 on Friday. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of 35.47 and a beta of 1.02. The stock has a 50 day moving average price of $87.11 and a 200 day moving average price of $78.91. MSCI Inc. has a 1-year low of $56.87 and a 1-year high of $90.79.
MSCI (NYSE:MSCI) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.05. The firm earned $290.60 million during the quarter, compared to the consensus estimate of $286.46 million. MSCI had a net margin of 22.60% and a return on equity of 34.95%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $0.56 earnings per share. Analysts forecast that MSCI Inc. will post $2.92 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, August 11th. This is an increase from MSCI’s previous quarterly dividend of $0.22. This represents a $1.12 annualized dividend and a yield of 1.29%. MSCI’s dividend payout ratio (DPR) is 45.71%.
MSCI has been the topic of several analyst reports. Credit Suisse Group AG initiated coverage on MSCI in a research note on Monday, July 11th. They issued an “outperform” rating and a $88.00 price objective on the stock. Zacks Investment Research lowered MSCI from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. Finally, Cantor Fitzgerald reiterated a “buy” rating on shares of MSCI in a research note on Friday, August 19th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $80.50.
A number of large investors have recently modified their holdings of the company. Fifth Third Bancorp increased its stake in shares of MSCI by 16,566.7% in the second quarter. Fifth Third Bancorp now owns 2,000 shares of the company’s stock valued at $154,000 after buying an additional 1,988 shares during the period. Strs Ohio increased its stake in shares of MSCI by 1,700.8% in the second quarter. Strs Ohio now owns 2,251 shares of the company’s stock valued at $173,000 after buying an additional 2,126 shares during the period. Mckinley Capital Management LLC Delaware bought a new stake in shares of MSCI during the first quarter valued at about $171,000. Gideon Capital Advisors Inc. bought a new stake in shares of MSCI during the second quarter valued at about $213,000. Finally, Hartford Investment Management Co. increased its stake in shares of MSCI by 8.5% in the second quarter. Hartford Investment Management Co. now owns 3,051 shares of the company’s stock valued at $235,000 after buying an additional 239 shares during the period. Hedge funds and other institutional investors own 95.32% of the company’s stock.
MSCI Company Profile
MSCI Inc (MSCI), together with its subsidiaries, offers content, applications and services to support the needs of institutional investors throughout their investment processes. The Company’s operating segment includes Index, Analytics and All Other segment. All Other segment comprises ESG and Real Estate segments.
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