Personal CFO Solutions LLC Sells 21 Shares of MSCI Inc. (NYSE:MSCI)

Personal CFO Solutions LLC lessened its holdings in shares of MSCI Inc. (NYSE:MSCI) by 0.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,500 shares of the technology company’s stock after selling 21 shares during the period. Personal CFO Solutions LLC’s holdings in MSCI were worth $1,500,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. State Street Corp grew its holdings in shares of MSCI by 0.4% during the third quarter. State Street Corp now owns 3,192,364 shares of the technology company’s stock worth $1,860,925,000 after purchasing an additional 11,351 shares during the last quarter. Edgewood Management LLC grew its holdings in shares of MSCI by 16.9% during the third quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock worth $1,279,904,000 after purchasing an additional 318,214 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of MSCI by 0.7% during the third quarter. Geode Capital Management LLC now owns 1,862,362 shares of the technology company’s stock worth $1,082,594,000 after purchasing an additional 13,691 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of MSCI by 8.0% during the fourth quarter. Principal Financial Group Inc. now owns 1,613,005 shares of the technology company’s stock worth $967,820,000 after purchasing an additional 119,471 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of MSCI by 14.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock worth $925,531,000 after purchasing an additional 198,666 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MSCI. Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Barclays decreased their price target on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Morgan Stanley raised their price target on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $675.00 price target on shares of MSCI in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. decreased their price target on MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $649.23.

MSCI Trading Down 0.8 %

NYSE:MSCI opened at $562.01 on Friday. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The business’s 50-day moving average price is $590.02 and its two-hundred day moving average price is $590.00. The firm has a market capitalization of $43.64 billion, a price-to-earnings ratio of 39.97, a PEG ratio of 2.61 and a beta of 1.19.

MSCI (NYSE:MSCI) last released its earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period last year, the business earned $3.68 EPS. Sell-side analysts predict that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.28%. This is a positive change from MSCI’s previous quarterly dividend of $1.60. MSCI’s dividend payout ratio (DPR) is currently 51.21%.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 5,300 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were bought at an average price of $574.51 per share, with a total value of $3,044,903.00. Following the completion of the transaction, the chief executive officer now directly owns 1,269,951 shares in the company, valued at $729,599,549.01. This trade represents a 0.42 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.20% of the stock is currently 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.