Threadgill Financial LLC Purchases 922 Shares of MSCI Inc. (NYSE:MSCI)

Threadgill Financial LLC lifted its position in shares of MSCI Inc. (NYSE:MSCI) by 255.4% during the fourth quarter, HoldingsChannel reports. The firm owned 1,283 shares of the technology company’s stock after buying an additional 922 shares during the quarter. MSCI comprises 0.4% of Threadgill Financial LLC’s portfolio, making the stock its 29th largest holding. Threadgill Financial LLC’s holdings in MSCI were worth $770,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Prime Capital Investment Advisors LLC grew its stake in MSCI by 30.0% in the third quarter. Prime Capital Investment Advisors LLC now owns 564 shares of the technology company’s stock valued at $329,000 after acquiring an additional 130 shares during the period. Grove Bank & Trust grew its position in shares of MSCI by 52.4% in the 3rd quarter. Grove Bank & Trust now owns 3,779 shares of the technology company’s stock valued at $2,203,000 after purchasing an additional 1,299 shares during the period. Xponance Inc. increased its stake in MSCI by 29.6% during the 2nd quarter. Xponance Inc. now owns 21,384 shares of the technology company’s stock worth $10,302,000 after purchasing an additional 4,890 shares in the last quarter. Mizuho Securities USA LLC raised its holdings in MSCI by 339.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 26,834 shares of the technology company’s stock worth $15,642,000 after buying an additional 20,730 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in MSCI by 4.5% in the third quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company’s stock valued at $312,574,000 after buying an additional 23,050 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Transactions at MSCI

In related news, CEO Henry A. Fernandez purchased 2,900 shares of the stock in a transaction on Thursday, December 5th. The shares were purchased at an average cost of $612.80 per share, with a total value of $1,777,120.00. Following the acquisition, the chief executive officer now directly owns 330,379 shares in the company, valued at $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 3.20% of the stock is currently owned by corporate insiders.

MSCI Trading Down 4.3 %

NYSE:MSCI opened at $576.17 on Monday. The firm has a fifty day simple moving average of $602.56 and a 200 day simple moving average of $571.29. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The stock has a market capitalization of $45.16 billion, a PE ratio of 37.83, a P/E/G ratio of 3.21 and a beta of 1.11.

MSCI (NYSE:MSCI) last issued 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. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The company had revenue of $724.70 million for the quarter, compared to analysts’ expectations of $716.15 million. During the same period in the prior year, the firm earned $3.45 EPS. MSCI’s quarterly revenue was up 15.9% compared to the same quarter last year. On average, equities analysts predict that MSCI Inc. will post 14.98 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a $1.60 dividend. 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 1.11%. MSCI’s payout ratio is 42.02%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price target on the stock in a report on Wednesday, October 9th. Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Morgan Stanley boosted their target price on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $638.00 price target on shares of MSCI in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $645.67.

About MSCI

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.