2 weeks Ago By Defense World Staff
DoubleLine ETF Adviser LP reduced its position in MSCI Inc. ( NYSE:MSCI – Free Report ) by 3.3% in the 2nd quarter, according to its most recent filing with the SEC.
The firm owned 1,309 shares of the technology company’s stock after selling 44 shares during the period. DoubleLine ETF Adviser LP’s holdings in MSCI were worth $631,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently made changes to their positions in the company.
Vanguard Group Inc. lifted its holdings in MSCI by 0.4% in the first quarter.
Vanguard Group Inc. now owns 8,719,381 shares of the technology company’s stock valued at $4,886,777,000 after buying an additional 36,043 shares during the period. Capital International Investors raised its position in shares of MSCI by 0.
5% during the 1st quarter. Capital International Investors now owns 1,734,519 shares of the technology company’s stock valued at $972,111,000 after acquiring an additional 9,304 shares during the last quarter. Principal Financial Group Inc.
raised its position in shares of MSCI by 74.9% during the 2nd quarter. Principal Financial Group Inc.
now owns 1,456,194 shares of the technology company’s stock valued at $701,522,000 after acquiring an additional 623,712 shares during the last quarter. Sustainable Growth Advisers LP lifted its stake in shares of MSCI by 1.8% in the 1st quarter.
Sustainable Growth Advisers LP now owns 1,323,058 shares of the technology company’s stock valued at $741,508,000 after purchasing an additional 23,217 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of MSCI by 1.
3% in the 2nd quarter. American Century Companies Inc. now owns 1,047,960 shares of the technology company’s stock worth $504,855,000 after purchasing an additional 13,620 shares during the last quarter.
Institutional investors own 89.97% of the company’s stock. Analysts Set New Price Targets Several equities analysts have weighed in on MSCI shares.
The Goldman Sachs Group increased their target price on MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th.
UBS Group increased their price target on shares of MSCI from $575.00 to $585.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th.
Barclays boosted their price objective on shares of MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, September 13th.
Morgan Stanley increased their target price on shares of MSCI from $615.00 to $640.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th.
Finally, Wells Fargo & Company raised shares of MSCI to a “hold” rating in a report on Tuesday, August 13th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, MSCI presently has a consensus rating of “Moderate Buy” and a consensus price target of $591.
00. MSCI Stock Performance Shares of MSCI stock opened at $567.39 on Friday.
The firm has a market cap of $44.63 billion, a PE ratio of 38.73, a P/E/G ratio of 2.
98 and a beta of 1.11. The business’s 50 day simple moving average is $552.
38 and its 200 day simple moving average is $521.91. MSCI Inc.
has a 52-week low of $439.95 and a 52-week high of $617.39.
MSCI ( NYSE:MSCI – Get Free Report ) last posted its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $696.41 million. During the same period last year, the company earned $3.
26 earnings per share. The firm’s revenue was up 14.0% compared to the same quarter last year.
As a group, equities research analysts predict that MSCI Inc. will post 14.79 EPS for the current year.
MSCI Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were given a dividend of $1.60 per share.
The ex-dividend date was Friday, August 16th. This represents a $6.40 annualized dividend and a yield of 1.
13%. MSCI’s dividend payout ratio (DPR) is presently 43.69%.
MSCI Profile ( Free Report ) 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. See Also Five stocks we like better than MSCI How to Use High Beta Stocks to Maximize Your Investing Profits Rocket Lab Stock Soars: Should Investors Chase the Rally? What Do S&P 500 Stocks Tell Investors About the Market? KB Home Slips After Earnings: What’s Next for Homebuilders? What is a Secondary Public Offering? What Investors Need to Know Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.
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