MSCI Inc. (NYSE:MSCI) Shares Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC lifted its position in shares of MSCI Inc. (NYSE:MSCI) by 10.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,078 shares of the technology company’s stock after purchasing an additional 397 shares during the quarter. CreativeOne Wealth LLC’s holdings in MSCI were worth $2,377,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MSCI. Frank Rimerman Advisors LLC increased its holdings in MSCI by 0.9% in the third quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company’s stock valued at $1,147,000 after buying an additional 17 shares in the last quarter. Conning Inc. raised its holdings in MSCI by 4.1% in the 2nd quarter. Conning Inc. now owns 479 shares of the technology company’s stock worth $231,000 after purchasing an additional 19 shares during the period. Capital Advisors Ltd. LLC boosted its position in MSCI by 3.8% during the second quarter. Capital Advisors Ltd. LLC now owns 542 shares of the technology company’s stock worth $261,000 after purchasing an additional 20 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in MSCI by 5.0% in the second quarter. Concurrent Investment Advisors LLC now owns 423 shares of the technology company’s stock valued at $204,000 after purchasing an additional 20 shares during the period. Finally, Planning Capital Management Corp increased its position in shares of MSCI by 35.1% in the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after buying an additional 20 shares in the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on MSCI shares. Barclays increased their target price on MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Morgan Stanley increased their price objective on shares of MSCI from $640.00 to $662.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. UBS Group cut their target price on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research note on Wednesday, October 30th. Finally, Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a research note on Wednesday, October 9th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, MSCI currently has a consensus rating of “Moderate Buy” and a consensus target price of $631.83.

MSCI Stock Performance

NYSE:MSCI opened at $605.16 on Thursday. The stock has a 50 day moving average price of $588.89 and a 200 day moving average price of $544.51. The stock has a market cap of $47.43 billion, a PE ratio of 39.73, a P/E/G ratio of 3.08 and a beta of 1.11. MSCI Inc. has a one year low of $439.95 and a one year high of $631.70.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, topping the consensus estimate of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The business had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. During the same quarter in the previous year, the firm earned $3.45 EPS. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. As a group, analysts predict that MSCI Inc. will post 14.98 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $1.60 dividend. The ex-dividend date is Friday, November 15th. This represents a $6.40 annualized dividend and a dividend yield of 1.06%. MSCI’s dividend payout ratio (DPR) is 42.02%.

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.