4,385 Shares in Msci Inc (MSCI) Acquired by Ostrum Asset Management

Ostrum Asset Management bought a new stake in Msci Inc (NYSE:MSCI) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,385 shares of the technology company’s stock, valued at approximately $655,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MSCI. Virtue Capital Management LLC acquired a new position in shares of Msci during the 4th quarter valued at $127,000. Assetmark Inc. increased its position in shares of Msci by 480.1% during the 4th quarter. Assetmark Inc. now owns 1,079 shares of the technology company’s stock valued at $137,000 after purchasing an additional 893 shares during the period. Atria Investments LLC acquired a new position in shares of Msci during the 1st quarter valued at $202,000. Chicago Equity Partners LLC acquired a new position in shares of Msci during the 1st quarter valued at $208,000. Finally, Lincoln National Corp acquired a new position in shares of Msci during the 1st quarter valued at $210,000. Hedge funds and other institutional investors own 92.49% of the company’s stock.

Several equities analysts have recently issued reports on the company. UBS Group lifted their price target on Msci from $173.00 to $187.00 and gave the company a “buy” rating in a research report on Tuesday, June 5th. Zacks Investment Research upgraded Msci from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. ValuEngine upgraded Msci from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Morgan Stanley lifted their target price on Msci from $146.00 to $160.00 and gave the stock an “equal weight” rating in a report on Friday, May 4th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $163.00 target price on shares of Msci in a report on Thursday, May 3rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $157.33.

Shares of NYSE MSCI opened at $172.20 on Thursday. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.06 and a current ratio of 2.06. The firm has a market capitalization of $14.82 billion, a P/E ratio of 43.27, a P/E/G ratio of 3.13 and a beta of 0.86. Msci Inc has a 52-week low of $100.84 and a 52-week high of $173.67.

Msci (NYSE:MSCI) last issued its earnings results on Thursday, May 3rd. The technology company reported $1.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.05. The business had revenue of $351.32 million for the quarter, compared to analysts’ expectations of $349.01 million. Msci had a return on equity of 109.18% and a net margin of 26.14%. The company’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.88 EPS. research analysts expect that Msci Inc will post 5.32 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Friday, May 18th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date was Thursday, May 17th. Msci’s payout ratio is 38.19%.

In other news, insider Richard J. Napolitano sold 3,362 shares of the firm’s stock in a transaction on Monday, May 7th. The stock was sold at an average price of $154.75, for a total value of $520,269.50. Following the completion of the sale, the insider now owns 12,612 shares of the company’s stock, valued at $1,951,707. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.36% of the company’s stock.

Msci Profile

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use 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.

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Institutional Ownership by Quarter for Msci (NYSE:MSCI)

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