MSCI Inc (MSCI) Stake Raised by Teachers Advisors LLC

Teachers Advisors LLC boosted its position in MSCI Inc (NYSE:MSCI) by 49.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 112,700 shares of the company’s stock after buying an additional 37,144 shares during the period. Teachers Advisors LLC owned 0.12% of MSCI worth $9,460,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp boosted its position 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 worth $154,000 after buying an additional 1,988 shares in the last quarter. Copper Rock Capital Partners LLC purchased a new position in shares of MSCI during the third quarter worth $199,000. Gideon Capital Advisors Inc. purchased a new position in shares of MSCI during the second quarter worth $213,000. CIBC World Markets Inc. purchased a new position in shares of MSCI during the third quarter worth $222,000. Finally, Hartford Investment Management Co. boosted its position 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 worth $235,000 after buying an additional 239 shares in the last quarter. 94.32% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

Shares of MSCI Inc (NYSE:MSCI) traded down 0.34% during mid-day trading on Wednesday, hitting $81.24. 65,682 shares of the stock were exchanged. The stock’s 50-day moving average is $80.09 and its 200-day moving average is $82.50. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 31.93 and a beta of 0.97. MSCI Inc has a 52 week low of $62.17 and a 52 week high of $90.79.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Thursday, October 27th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. MSCI had a net margin of 22.29% and a return on equity of 43.72%. The company had revenue of $288.43 million for the quarter, compared to analyst estimates of $288.96 million. During the same period last year, the firm earned $0.60 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. Analysts forecast that MSCI Inc will post $2.97 earnings per share for the current fiscal year.

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MSCI has been the topic of several research reports. Credit Suisse Group reaffirmed an “outperform” rating and issued a $94.00 price objective on shares of MSCI in a research report on Wednesday, December 7th. Zacks Investment Research cut shares of MSCI from a “buy” rating to a “hold” rating and set a $87.00 price objective on the stock. in a research report on Tuesday, November 15th. Finally, Evercore ISI cut shares of MSCI from a “hold” rating to a “sell” rating and cut their price objective for the company from $81.00 to $75.00 in a research report on Tuesday, October 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $82.17.

In related news, COO Cd Baer Pettit sold 2,083 shares of the firm’s stock in a transaction dated Monday, December 5th. The shares were sold at an average price of $79.81, for a total transaction of $166,244.23. Following the completion of the sale, the chief operating officer now owns 199,700 shares in the company, valued at $15,938,057. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patrick Tierney sold 3,500 shares of the firm’s stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $80.39, for a total transaction of $281,365.00. Following the sale, the director now owns 13,242 shares of the company’s stock, valued at approximately $1,064,524.38. The disclosure for this sale can be found here. Corporate insiders own 2.07% of the company’s stock.

About MSCI

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.

5 Day Chart for NYSE:MSCI

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