Calamos Advisors LLC purchased a new stake in Msci Inc (NYSE:MSCI) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,025 shares of the technology company’s stock, valued at approximately $204,000.
A number of other institutional investors also recently added to or reduced their stakes in the stock. TrimTabs Asset Management LLC grew its stake in Msci by 5.0% in the 1st quarter. TrimTabs Asset Management LLC now owns 7,929 shares of the technology company’s stock valued at $1,577,000 after acquiring an additional 378 shares during the period. We Are One Seven LLC grew its stake in Msci by 94.8% in the 1st quarter. We Are One Seven LLC now owns 1,017 shares of the technology company’s stock valued at $202,000 after acquiring an additional 495 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Msci in the 1st quarter valued at $6,719,000. Contravisory Investment Management Inc. grew its stake in Msci by 99.5% in the 1st quarter. Contravisory Investment Management Inc. now owns 3,498 shares of the technology company’s stock valued at $696,000 after acquiring an additional 1,745 shares during the period. Finally, Deutsche Bank AG grew its stake in Msci by 28.5% in the 4th quarter. Deutsche Bank AG now owns 158,062 shares of the technology company’s stock valued at $23,298,000 after acquiring an additional 35,072 shares during the period. 93.57% of the stock is currently owned by hedge funds and other institutional investors.
In other Msci news, insider Scott A. Crum sold 19,000 shares of the firm’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $175.14, for a total value of $3,327,660.00. Following the transaction, the insider now owns 96,999 shares in the company, valued at approximately $16,988,404.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.10% of the company’s stock.
Msci (NYSE:MSCI) last announced its quarterly earnings data on Thursday, January 31st. The technology company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.01. The company had revenue of $361.69 million for the quarter, compared to analyst estimates of $360.95 million. Msci had a return on equity of 196.12% and a net margin of 35.42%. Sell-side analysts expect that Msci Inc will post 6.15 EPS for the current year.
A number of equities research analysts recently issued reports on MSCI shares. Barclays dropped their price target on shares of Msci from $175.00 to $165.00 and set an “overweight” rating on the stock in a research note on Monday, January 7th. Zacks Investment Research cut shares of Msci from a “hold” rating to a “sell” rating in a research note on Tuesday, January 8th. Morgan Stanley dropped their price target on shares of Msci from $172.00 to $159.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 8th. Buckingham Research started coverage on shares of Msci in a research note on Friday, January 25th. They issued a “neutral” rating and a $171.00 price target on the stock. Finally, Cantor Fitzgerald raised their price objective on Msci to $188.00 and gave the company a “buy” rating in a report on Friday, February 1st. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Msci has a consensus rating of “Buy” and a consensus price target of $190.78.
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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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