Trillium Asset Management LLC maintained its stake in shares of MSCI Inc. (NYSE:MSCI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,294 shares of the company’s stock at the end of the second quarter. Trillium Asset Management LLC’s holdings in MSCI were worth $5,267,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of MSCI during the first quarter valued at about $329,000. ING Groep NV acquired a new stake in shares of MSCI during the first quarter valued at about $230,000. M&T Bank Corp boosted its stake in shares of MSCI by 4.2% in the first quarter. M&T Bank Corp now owns 6,793 shares of the company’s stock valued at $503,000 after buying an additional 275 shares during the period. C M Bidwell & Associates Ltd. acquired a new stake in shares of MSCI during the first quarter valued at about $3,484,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of MSCI by 20.8% in the first quarter. JPMorgan Chase & Co. now owns 1,195,420 shares of the company’s stock valued at $88,556,000 after buying an additional 205,728 shares during the period. 95.32% of the stock is owned by institutional investors.
Shares of MSCI Inc. (NYSE:MSCI) traded down 0.11% on Thursday, hitting $83.12. 599,032 shares of the stock traded hands. MSCI Inc. has a 12 month low of $59.09 and a 12 month high of $90.79. The company has a market cap of $7.87 billion, a PE ratio of 33.98 and a beta of 0.96. The firm’s 50 day moving average is $86.60 and its 200-day moving average is $79.93.
MSCI (NYSE:MSCI) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.05. MSCI had a return on equity of 34.95% and a net margin of 22.60%. The firm earned $290.60 million during the quarter, compared to the consensus estimate of $286.46 million. During the same period last year, the company earned $0.56 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Equities analysts predict that MSCI Inc. will post $2.92 earnings per share for the current year.
Several equities research analysts have issued reports on the stock. Cantor Fitzgerald set a $86.00 target price on shares of MSCI and gave the stock a “buy” rating in a research note on Thursday, July 28th. Zacks Investment Research cut shares of MSCI from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. Finally, Credit Suisse Group AG assumed coverage on shares of MSCI in a research report on Monday, July 11th. They set an “outperform” rating and a $88.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. MSCI has an average rating of “Hold” and a consensus target price of $81.50.
In other MSCI news, COO Cd Baer Pettit sold 26,815 shares of the stock in a transaction on Monday, August 22nd. The stock was sold at an average price of $87.20, for a total value of $2,338,268.00. Following the completion of the transaction, the chief operating officer now owns 230,685 shares in the company, valued at $20,115,732. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Valueact Capital Master Fund, sold 450,000 shares of the stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $88.17, for a total value of $39,676,500.00. The disclosure for this sale can be found here. 2.07% of the stock is owned by company insiders.
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.
Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSCI Inc. (NYSE:MSCI).
Receive News & Ratings for MSCI Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI Inc. and related companies with MarketBeat.com's FREE daily email newsletter.