Prime Capital Funding Advisors LLC raised its stake in MSCI Inc. (NYSE:MSCI – Free Report) by 30.0% within the third quarter, in keeping with its most up-to-date 13F submitting with the Securities and Alternate Fee. The institutional investor owned 564 shares of the know-how firm’s inventory after buying a further 130 shares throughout the quarter. Prime Capital Funding Advisors LLC’s holdings in MSCI have been price $329,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
Various different institutional buyers additionally lately modified their holdings of the inventory. Frank Rimerman Advisors LLC elevated its holdings in shares of MSCI by 0.9% within the third quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the know-how firm’s inventory valued at $1,147,000 after buying a further 17 shares within the final quarter. Conning Inc. boosted its holdings in MSCI by 4.1% within the second quarter. Conning Inc. now owns 479 shares of the know-how firm’s inventory valued at $231,000 after buying a further 19 shares over the last quarter. Capital Advisors Ltd. LLC elevated its place in MSCI by 3.8% within the second quarter. Capital Advisors Ltd. LLC now owns 542 shares of the know-how firm’s inventory price $261,000 after buying a further 20 shares throughout the interval. Concurrent Funding Advisors LLC raised its holdings in MSCI by 5.0% throughout the 2nd quarter. Concurrent Funding Advisors LLC now owns 423 shares of the know-how firm’s inventory price $204,000 after buying a further 20 shares over the last quarter. Lastly, Commerzbank Aktiengesellschaft FI lifted its place in MSCI by 3.5% throughout the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 618 shares of the know-how firm’s inventory valued at $298,000 after buying a further 21 shares throughout the interval. 89.97% of the inventory is owned by institutional buyers.
Analyst Upgrades and Downgrades
Various equities analysis analysts lately weighed in on the inventory. The Goldman Sachs Group boosted their worth goal on shares of MSCI from $526.00 to $590.00 and gave the inventory a “impartial” ranking in a analysis be aware on Wednesday, July twenty fourth. UBS Group dropped their goal worth on shares of MSCI from $695.00 to $680.00 and set a “purchase” ranking for the corporate in a analysis report on Wednesday, October thirtieth. Argus elevated their worth goal on MSCI from $520.00 to $600.00 and gave the corporate a “purchase” ranking in a analysis be aware on Friday, July twenty sixth. Morgan Stanley lifted their worth goal on MSCI from $640.00 to $662.00 and gave the inventory an “chubby” ranking in a analysis be aware on Wednesday, October thirtieth. Lastly, Royal Financial institution of Canada reissued an “outperform” ranking and issued a $638.00 goal worth on shares of MSCI in a analysis be aware on Wednesday, October thirtieth. Seven analysis analysts have rated the inventory with a maintain ranking and 9 have given a purchase ranking to the corporate’s inventory. In line with information from MarketBeat.com, MSCI has a consensus ranking of “Reasonable Purchase” and a consensus goal worth of $631.83.
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MSCI Inventory Efficiency
Shares of MSCI opened at $593.86 on Friday. The inventory has a 50 day easy shifting common of $583.62 and a 200 day easy shifting common of $537.35. MSCI Inc. has a 52-week low of $439.95 and a 52-week excessive of $631.70. The agency has a market capitalization of $46.54 billion, a PE ratio of 38.98, a P/E/G ratio of three.17 and a beta of 1.11.
MSCI (NYSE:MSCI – Get Free Report) final launched its quarterly earnings outcomes on Tuesday, October twenty ninth. The know-how firm reported $3.86 earnings per share for the quarter, beating the consensus estimate of $3.77 by $0.09. MSCI had a internet margin of 43.06% and a damaging return on fairness of 162.06%. The corporate had income of $724.70 million throughout the quarter, in comparison with analysts’ expectations of $716.15 million. Throughout the identical quarter within the prior 12 months, the corporate earned $3.45 earnings per share. The enterprise’s quarterly income was up 15.9% in comparison with the identical quarter final 12 months. Equities analysis analysts predict that MSCI Inc. will submit 14.98 EPS for the present fiscal 12 months.
MSCI Dividend Announcement
The corporate additionally lately introduced a quarterly dividend, which might be paid on Friday, November twenty ninth. Shareholders of file on Friday, November fifteenth might be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized foundation and a yield of 1.08%. The ex-dividend date of this dividend is Friday, November fifteenth. MSCI’s dividend payout ratio (DPR) is presently 42.02%.
MSCI Profile
MSCI Inc, along with its subsidiaries, gives crucial resolution assist instruments and options for the funding group to handle funding processes worldwide. The Index phase gives indexes to be used in numerous areas of the funding course of, together with listed monetary product, resembling ETFs, mutual funds, annuities, futures, choices, structured merchandise, and over-the-counter derivatives; efficiency benchmarking; portfolio building and rebalancing; and asset allocation, in addition to licenses GICS and GICS Direct.
See Additionally
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