2 weeks Ago By ABMN Staff
Wallace Advisory Group LLC acquired a new position in shares of MSCI Inc. ( NYSE:MSCI – Free Report ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 995 shares of the technology company’s stock, valued at approximately $479,000.
Several other institutional investors have also modified their holdings of MSCI. Conning Inc. raised its stake in MSCI by 4.
1% during the 2nd quarter. Conning Inc. now owns 479 shares of the technology company’s stock worth $231,000 after acquiring an additional 19 shares in the last quarter.
Sompo Asset Management Co. Ltd. lifted its holdings in shares of MSCI by 1.
0% in the 4th quarter. Sompo Asset Management Co. Ltd.
now owns 2,080 shares of the technology company’s stock valued at $1,177,000 after purchasing an additional 20 shares during the last quarter. Capital Advisors Ltd. LLC boosted its position in shares of MSCI by 3.
8% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 542 shares of the technology company’s stock valued at $261,000 after purchasing an additional 20 shares during the period.
Concurrent Investment Advisors LLC grew its stake in MSCI by 5.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 423 shares of the technology company’s stock worth $204,000 after buying an additional 20 shares during the last quarter.
Finally, Commerzbank Aktiengesellschaft FI grew its stake in MSCI by 3.5% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 618 shares of the technology company’s stock worth $298,000 after buying an additional 21 shares during the last quarter.
Hedge funds and other institutional investors own 89.97% of the company’s stock. MSCI Price Performance MSCI opened at $576.
15 on Monday. MSCI Inc. has a 12 month low of $439.
95 and a 12 month high of $617.39. The stock has a market capitalization of $45.
64 billion, a P/E ratio of 39.33, a P/E/G ratio of 2.98 and a beta of 1.
11. The business has a 50 day simple moving average of $555.36 and a 200-day simple moving average of $521.
75. MSCI Dividend Announcement The business also recently announced 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 1.11%. MSCI’s payout ratio is currently 43.
69%. Wall Street Analysts Forecast Growth Several equities research analysts have recently weighed in on the company. Wells Fargo & Company raised MSCI to a “hold” rating in a report on Tuesday, August 13th.
UBS Group increased their price target on shares of MSCI from $575.00 to $585.00 and gave the stock a “buy” rating in a research note on Tuesday, July 9th.
Royal Bank of Canada restated an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a research note on Wednesday, July 24th. 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 research note on Wednesday, July 24th. Finally, Argus boosted their price target on MSCI from $520.
00 to $600.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock.
According to MarketBeat, MSCI has a consensus rating of “Moderate Buy” and a consensus target price of $591.00. Read Our Latest Stock Analysis on MSCI About MSCI ( 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. Featured Stories Receive News & Ratings for MSCI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI and related companies with MarketBeat.com's FREE daily email newsletter .
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