Bokf Na Has $2.40 Million Stock Position in MSCI Inc. (NYSE:MSCI)

Bokf Na lifted its holdings in shares of MSCI Inc. (NYSE:MSCI) by 1.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,329 shares of the technology company’s stock after acquiring an additional 50 shares during the period. Bokf Na’s holdings in MSCI were worth $2,402,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSCI. Norges Bank bought a new stake in shares of MSCI during the fourth quarter worth about $496,541,000. Impax Asset Management Group plc grew its position in MSCI by 803.9% in the 4th quarter. Impax Asset Management Group plc now owns 587,978 shares of the technology company’s stock worth $331,906,000 after purchasing an additional 522,926 shares in the last quarter. Public Employees Retirement Association of Colorado grew its position in MSCI by 3,600.0% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 253,636 shares of the technology company’s stock worth $143,469,000 after purchasing an additional 246,781 shares in the last quarter. Findlay Park Partners LLP bought a new stake in MSCI in the 1st quarter worth about $114,836,000. Finally, Capital International Investors grew its position in MSCI by 9.6% in the 4th quarter. Capital International Investors now owns 1,725,215 shares of the technology company’s stock worth $976,009,000 after purchasing an additional 151,108 shares in the last quarter. 89.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MSCI has been the topic of a number of research analyst reports. Barclays boosted their target price on shares of MSCI from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday. UBS Group boosted their target price on shares of MSCI from $575.00 to $585.00 and gave the company a “buy” rating in a research note on Tuesday, July 9th. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 target price on shares of MSCI in a research note on Wednesday. Argus boosted their target price on shares of MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a research note on Friday. Finally, The Goldman Sachs Group upped their price target on shares of MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research note on Wednesday. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $591.21.

MSCI Trading Up 0.4 %

Shares of NYSE:MSCI traded up $2.34 during trading on Friday, reaching $540.55. The company had a trading volume of 439,620 shares, compared to its average volume of 578,947. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $617.39. The company has a fifty day moving average of $495.69 and a two-hundred day moving average of $524.45. The stock has a market capitalization of $42.51 billion, a P/E ratio of 36.90, a price-to-earnings-growth ratio of 2.98 and a beta of 1.10.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, beating the consensus estimate of $3.55 by $0.09. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The company had revenue of $707.90 million for the quarter, compared to analyst estimates of $696.41 million. During the same quarter last year, the firm earned $3.26 EPS. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. As a group, equities research analysts predict that MSCI Inc. will post 14.78 earnings per share for the current year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, August 16th. MSCI’s dividend payout ratio is currently 43.69%.

Insider Activity at MSCI

In related news, insider Scott A. Crum sold 9,000 shares of the stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the transaction, the insider now owns 12,831 shares of the company’s stock, valued at approximately $6,052,254.39. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.20% of the stock is owned by insiders.

MSCI Company Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.