Sava Infond d.o.o. Purchases Shares of 1,100 MSCI Inc. (NYSE:MSCI)

Sava Infond d.o.o. acquired a new position in MSCI Inc. (NYSE:MSCI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,100 shares of the technology company’s stock, valued at approximately $660,000.

Several other large investors have also made changes to their positions in MSCI. LRI Investments LLC increased its position in MSCI by 120.0% in the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after buying an additional 24 shares during the period. True Wealth Design LLC bought a new position in MSCI during the third quarter worth $38,000. Compagnie Lombard Odier SCmA acquired a new position in MSCI during the 4th quarter valued at $41,000. Private Trust Co. NA boosted its holdings in MSCI by 35.1% in the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares during the period. Finally, Y.D. More Investments Ltd grew its position in MSCI by 122.7% in the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company’s stock worth $59,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analysts Set New Price Targets

MSCI has been the subject of several research reports. JPMorgan Chase & Co. reduced their target price on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and set a $675.00 price objective on shares of MSCI in a report on Thursday, January 30th. Barclays lowered their price objective on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and raised their target price for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Finally, Morgan Stanley boosted their price target on shares of MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $649.23.

Insider Activity at MSCI

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

MSCI Stock Performance

MSCI stock opened at $569.35 on Thursday. The business’s fifty day moving average is $580.78 and its two-hundred day moving average is $588.71. The firm has a market cap of $44.21 billion, a P/E ratio of 40.49, a P/E/G ratio of 2.61 and a beta of 1.19. MSCI Inc. has a 52 week low of $439.95 and a 52 week high of $642.45.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.96 by $0.22. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. During the same quarter in the prior year, the business posted $3.68 EPS. On average, equities research analysts predict that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $1.80 per share. This is a boost from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Friday, February 14th. MSCI’s dividend payout ratio is 51.21%.

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.