One Wealth Capital Management LLC Acquires Shares of 1,290 MSCI Inc. (NYSE:MSCI)

One Wealth Capital Management LLC bought a new position in MSCI Inc. (NYSE:MSCI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,290 shares of the technology company’s stock, valued at approximately $774,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. HWG Holdings LP purchased a new position in MSCI in the second quarter worth $27,000. LRI Investments LLC increased its holdings in shares of MSCI by 120.0% in the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after purchasing an additional 24 shares in the last quarter. True Wealth Design LLC acquired a new stake in shares of MSCI in the third quarter valued at about $38,000. Ashton Thomas Securities LLC purchased a new stake in MSCI during the third quarter worth about $40,000. Finally, Planning Capital Management Corp grew its position in MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after buying an additional 20 shares during the period. Hedge funds and other institutional investors own 89.97% of the company’s stock.

MSCI Trading Down 1.3 %

MSCI traded down $7.58 during midday trading on Tuesday, hitting $589.08. The company’s stock had a trading volume of 291,277 shares, compared to its average volume of 310,550. MSCI Inc. has a 52-week low of $439.95 and a 52-week high of $642.45. The firm has a 50-day moving average price of $601.07 and a two-hundred day moving average price of $568.33. The firm has a market cap of $46.17 billion, a P/E ratio of 38.68, a PEG ratio of 3.21 and a beta of 1.11.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $0.09. The firm had revenue of $724.70 million during the quarter, compared to the consensus estimate of $716.15 million. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. MSCI’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.45 earnings per share. On average, equities analysts expect that MSCI Inc. will post 14.98 EPS for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a dividend of $1.60 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.09%. MSCI’s payout ratio is 42.02%.

Insider Buying and Selling

In other news, CEO Henry A. Fernandez purchased 2,900 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the purchase, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. The trade was a 0.89 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

MSCI has been the subject of a number of research reports. UBS Group reduced their price target on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company raised their target price on shares of MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and upped their price target for the company from $617.00 to $723.00 in a report on Wednesday, December 18th. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a research report on Wednesday, October 9th. Finally, Barclays increased their target price on MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, MSCI currently has an average rating of “Moderate Buy” and a consensus price target of $645.67.

MSCI 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.