Strategic Investment Advisors MI Takes $749,000 Position in MSCI Inc. (NYSE:MSCI)


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Strategic Investment Advisors MI acquired a new stake in shares of MSCI Inc. (NYSE:MSCI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,677 shares of the technology company’s stock, valued at approximately $749,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Scout Investments Inc. bought a new stake in MSCI during the fourth quarter worth about $22,127,000. Public Employees Retirement System of Ohio raised its stake in shares of MSCI by 1.5% during the third quarter. Public Employees Retirement System of Ohio now owns 32,888 shares of the technology company’s stock worth $11,734,000 after acquiring an additional 493 shares in the last quarter. Rowland Carmichael Advisors Inc. ADV purchased a new position in shares of MSCI during the third quarter worth approximately $207,000. UBS Asset Management Americas Inc. boosted its stake in shares of MSCI by 8.1% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 372,368 shares of the technology company’s stock valued at $132,853,000 after purchasing an additional 27,995 shares in the last quarter. Finally, Baldwin Brothers Inc. MA grew its holdings in shares of MSCI by 1.8% during the 4th quarter. Baldwin Brothers Inc. MA now owns 18,028 shares of the technology company’s stock valued at $8,050,000 after purchasing an additional 317 shares during the last quarter. 81.19% of the stock is currently owned by institutional investors and hedge funds.

In other MSCI news, insider Scott A. Crum sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 17th. The shares were sold at an average price of $395.00, for a total transaction of $395,000.00. Following the completion of the transaction, the insider now owns 28,279 shares of the company’s stock, valued at $11,170,205. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Cd Baer Pettit sold 2,500 shares of MSCI stock in a transaction that occurred on Friday, December 4th. The shares were sold at an average price of $424.17, for a total transaction of $1,060,425.00. Following the transaction, the chief operating officer now owns 270,859 shares of the company’s stock, valued at $114,890,262.03. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,000 shares of company stock valued at $2,401,025. 2.94% of the stock is currently owned by company insiders.

Shares of MSCI stock traded down $14.79 during midday trading on Wednesday, reaching $438.40. 387,151 shares of the company’s stock traded hands, compared to its average volume of 367,187. The stock has a 50 day moving average of $430.31 and a 200-day moving average of $381.13. MSCI Inc. has a 12 month low of $218.65 and a 12 month high of $455.81. The company has a market cap of $36.34 billion, a PE ratio of 65.53 and a beta of 0.90.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, October 27th. The technology company reported $2.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.83 by $0.37. MSCI had a net margin of 34.28% and a negative return on equity of 226.94%. The business had revenue of $425.33 million for the quarter, compared to the consensus estimate of $424.48 million. During the same period in the previous year, the firm earned $1.68 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. Research analysts anticipate that MSCI Inc. will post 7.81 EPS for the current year.

MSCI has been the topic of a number of recent research reports. Barclays raised their price objective on MSCI from $360.00 to $490.00 and gave the company an “overweight” rating in a research note on Thursday, December 17th. Atlantic Securities lowered MSCI from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 26th. Oppenheimer began coverage on MSCI in a research note on Monday, October 5th. They issued an “outperform” rating and a $416.00 price target on the stock. Finally, Morgan Stanley raised their target price on shares of MSCI from $391.00 to $422.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 6th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. MSCI has an average rating of “Hold” and an average target price of $398.44.

MSCI Company 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, broker-dealer structured products, and asset allocation.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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