Xponance Inc. boosted its holdings in MSCI Inc. (NYSE:MSCI – Free Report) by 29.6% in the course of the 2nd quarter, in response to the corporate in its most up-to-date submitting with the Securities and Change Fee (SEC). The agency owned 21,384 shares of the expertise firm’s inventory after buying a further 4,890 shares in the course of the quarter. Xponance Inc.’s holdings in MSCI have been value $10,302,000 on the finish of the latest quarter.
Different hedge funds have additionally lately added to or lowered their stakes within the firm. Vanguard Group Inc. boosted its holdings in shares of MSCI by 0.4% within the first quarter. Vanguard Group Inc. now owns 8,719,381 shares of the expertise firm’s inventory valued at $4,886,777,000 after buying a further 36,043 shares within the final quarter. Capital Worldwide Buyers lifted its holdings in shares of MSCI by 0.5% within the first quarter. Capital Worldwide Buyers now owns 1,734,519 shares of the expertise firm’s inventory valued at $972,111,000 after shopping for a further 9,304 shares in the course of the interval. Principal Monetary Group Inc. boosted its stake in MSCI by 74.9% in the course of the second quarter. Principal Monetary Group Inc. now owns 1,456,194 shares of the expertise firm’s inventory valued at $701,522,000 after shopping for a further 623,712 shares within the final quarter. Sustainable Development Advisers LP grew its holdings in MSCI by 1.8% in the course of the first quarter. Sustainable Development Advisers LP now owns 1,323,058 shares of the expertise firm’s inventory value $741,508,000 after buying a further 23,217 shares in the course of the interval. Lastly, American Century Corporations Inc. raised its place in MSCI by 1.3% within the second quarter. American Century Corporations Inc. now owns 1,047,960 shares of the expertise firm’s inventory value $504,855,000 after buying a further 13,620 shares within the final quarter. Institutional traders personal 89.97% of the corporate’s inventory.
Analysts Set New Worth Targets
A number of analysis companies have lately weighed in on MSCI. UBS Group raised their value goal on shares of MSCI from $575.00 to $585.00 and gave the corporate a “purchase” score in a analysis report on Tuesday, July ninth. The Goldman Sachs Group upped their value goal on MSCI from $526.00 to $590.00 and gave the corporate a “impartial” score in a report on Wednesday, July twenty fourth. Barclays lifted their goal value on MSCI from $650.00 to $700.00 and gave the inventory an “obese” score in a report on Friday, September thirteenth. Morgan Stanley upped their goal value on MSCI from $615.00 to $640.00 and gave the corporate an “obese” score in a report on Wednesday, July twenty fourth. Lastly, Argus lifted their value goal on MSCI from $520.00 to $600.00 and gave the inventory a “purchase” score in a analysis notice on Friday, July twenty sixth. Seven equities analysis analysts have rated the inventory with a maintain score and 9 have issued a purchase score to the corporate. In accordance with MarketBeat.com, MSCI presently has a median score of “Average Purchase” and a consensus goal value of $591.00.
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MSCI Inventory Up 1.6 %
Shares of NYSE:MSCI opened at $560.16 on Tuesday. The agency has a fifty day shifting common of $550.16 and a two-hundred day shifting common of $521.56. MSCI Inc. has a 12-month low of $439.95 and a 12-month excessive of $617.39. The agency has a market capitalization of $44.38 billion, a P/E ratio of 38.24, a price-to-earnings-growth ratio of three.06 and a beta of 1.11.
MSCI (NYSE:MSCI – Get Free Report) final issued its earnings outcomes on Tuesday, July twenty third. The expertise firm reported $3.64 EPS for the quarter, beating analysts’ consensus estimates of $3.55 by $0.09. MSCI had a unfavourable return on fairness of 143.09% and a internet margin of 43.86%. The agency had income of $707.90 million for the quarter, in comparison with the consensus estimate of $696.41 million. Throughout the identical quarter within the earlier 12 months, the corporate posted $3.26 earnings per share. The enterprise’s quarterly income was up 14.0% in comparison with the identical quarter final 12 months. Equities analysis analysts anticipate that MSCI Inc. will submit 14.79 earnings per share for the present fiscal 12 months.
MSCI Dividend Announcement
The agency additionally lately introduced a quarterly dividend, which was paid on Friday, August thirtieth. Shareholders of file on Friday, August sixteenth have been paid a $1.60 dividend. This represents a $6.40 dividend on an annualized foundation and a yield of 1.14%. The ex-dividend date was Friday, August sixteenth. MSCI’s dividend payout ratio (DPR) is presently 43.69%.
MSCI Profile
MSCI Inc, along with its subsidiaries, supplies vital resolution assist instruments and options for the funding neighborhood to handle funding processes worldwide. The Index phase supplies indexes to be used in varied areas of the funding course of, together with listed monetary product, akin to ETFs, mutual funds, annuities, futures, choices, structured merchandise, and over-the-counter derivatives; efficiency benchmarking; portfolio development and rebalancing; and asset allocation, in addition to licenses GICS and GICS Direct.
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