MSCI Inc (MSCI) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can lowered its stake in shares of MSCI Inc (NYSE:MSCI) by 4.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 72,625 shares of the technology company’s stock after selling 3,694 shares during the period. Great West Life Assurance Co. Can owned approximately 0.08% of MSCI worth $8,486,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Nordea Investment Management AB boosted its position in shares of MSCI by 8.6% during the 3rd quarter. Nordea Investment Management AB now owns 15,551 shares of the technology company’s stock worth $1,818,000 after purchasing an additional 1,238 shares during the period. NorthCoast Asset Management LLC acquired a new stake in MSCI during the 3rd quarter worth approximately $1,211,000. Texas Yale Capital Corp. lifted its holdings in MSCI by 4.8% during the 3rd quarter. Texas Yale Capital Corp. now owns 10,515 shares of the technology company’s stock worth $1,229,000 after buying an additional 477 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in MSCI by 36.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,767 shares of the technology company’s stock worth $3,012,000 after buying an additional 6,882 shares in the last quarter. Finally, Macquarie Group Ltd. lifted its holdings in MSCI by 1.6% during the 3rd quarter. Macquarie Group Ltd. now owns 114,350 shares of the technology company’s stock worth $13,368,000 after buying an additional 1,781 shares in the last quarter. 92.84% of the stock is owned by hedge funds and other institutional investors.

In other news, COO Cd Baer Pettit sold 2,083 shares of the firm’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $121.26, for a total value of $252,584.58. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.26% of the stock is currently owned by company insiders.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of MSCI from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. BidaskClub lowered shares of MSCI from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 1st. Credit Suisse Group increased their target price on shares of MSCI from $120.00 to $141.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. Morgan Stanley increased their target price on shares of MSCI from $129.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday, November 3rd. Finally, UBS increased their target price on shares of MSCI from $125.00 to $141.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. MSCI has a consensus rating of “Buy” and an average price target of $127.17.

Shares of MSCI Inc (NYSE MSCI) traded up $0.79 on Wednesday, hitting $128.36. 379,100 shares of the stock were exchanged, compared to its average volume of 505,680. MSCI Inc has a fifty-two week low of $77.75 and a fifty-two week high of $130.58. The firm has a market cap of $11,490.08, a price-to-earnings ratio of 35.05, a price-to-earnings-growth ratio of 3.34 and a beta of 0.89. The company has a debt-to-equity ratio of 5.77, a current ratio of 2.05 and a quick ratio of 2.05.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Thursday, November 2nd. The technology company reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03. MSCI had a net margin of 24.97% and a return on equity of 106.15%. The business had revenue of $322.10 million for the quarter, compared to analyst estimates of $322.96 million. During the same period last year, the business earned $0.77 EPS. The company’s revenue was up 11.7% on a year-over-year basis. equities research analysts expect that MSCI Inc will post 3.82 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Friday, November 17th were issued a $0.38 dividend. The ex-dividend date was Thursday, November 16th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.18%. MSCI’s payout ratio is 45.37%.

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MSCI Company Profile

MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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