Sustainable Insight Capital Management LLC Has $5.12 Million Position in MSCI Inc. (NYSE:MSCI)

Sustainable Insight Capital Management LLC grew its stake in shares of MSCI Inc. (NYSE:MSCI) by 52.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,534 shares of the technology company’s stock after buying an additional 2,919 shares during the quarter. MSCI accounts for approximately 2.2% of Sustainable Insight Capital Management LLC’s portfolio, making the stock its 17th biggest position. Sustainable Insight Capital Management LLC’s holdings in MSCI were worth $5,120,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Frank Rimerman Advisors LLC lifted its holdings in shares of MSCI by 0.9% in the third quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company’s stock valued at $1,147,000 after purchasing an additional 17 shares in the last quarter. CWA Asset Management Group LLC grew its stake in shares of MSCI by 4.2% in the 4th quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock worth $251,000 after acquiring an additional 17 shares in the last quarter. Planning Capital Management Corp lifted its position in shares of MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares in the last quarter. Private Trust Co. NA boosted its holdings in MSCI by 35.1% during the third quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares during the last quarter. Finally, Trivant Custom Portfolio Group LLC increased its stake in MSCI by 0.6% in the 4th quarter. Trivant Custom Portfolio Group LLC now owns 3,325 shares of the technology company’s stock valued at $1,995,000 after buying an additional 21 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

MSCI Stock Up 0.3 %

NYSE MSCI opened at $614.58 on Friday. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The stock’s 50 day moving average is $604.61 and its 200 day moving average is $577.21. The firm has a market capitalization of $48.16 billion, a PE ratio of 40.35, a P/E/G ratio of 2.78 and a beta of 1.11.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share for the quarter, beating the consensus estimate of $3.77 by $0.09. The company 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%. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.45 earnings per share. On average, research analysts anticipate that MSCI Inc. will post 14.99 earnings per share for the current year.

MSCI Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.04%. MSCI’s payout ratio is 42.02%.

Analyst Ratings Changes

Several research analysts have weighed in on MSCI shares. Royal Bank of Canada reissued an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a research report on Wednesday, October 30th. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a report on Wednesday, October 9th. UBS Group cut their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Morgan Stanley raised their price target on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Finally, Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a research note on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, MSCI presently has a consensus rating of “Moderate Buy” and an average price target of $649.85.

Insider Activity at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 2,900 shares of MSCI stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the transaction, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This trade represents a 0.89 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.20% of the stock is owned by insiders.

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.