Coalescence Partners Investment Management LP Has $21.41 Million Stock Position in MSCI Inc. (NYSE:MSCI)

Coalescence Partners Investment Management LP raised its position in shares of MSCI Inc. (NYSE:MSCI) by 8.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 35,690 shares of the technology company’s stock after buying an additional 2,676 shares during the quarter. MSCI accounts for about 8.1% of Coalescence Partners Investment Management LP’s holdings, making the stock its 4th biggest position. Coalescence Partners Investment Management LP’s holdings in MSCI were worth $21,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Edgewood Management LLC boosted its position in shares of MSCI by 16.9% during the 3rd quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock valued at $1,279,904,000 after purchasing an additional 318,214 shares in the last quarter. Raymond James Financial Inc. acquired a new position in MSCI in the fourth quarter valued at approximately $185,003,000. Proficio Capital Partners LLC bought a new position in shares of MSCI during the 4th quarter worth approximately $126,082,000. Massachusetts Financial Services Co. MA grew its position in shares of MSCI by 14.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock worth $925,531,000 after buying an additional 198,666 shares during the period. Finally, Canoe Financial LP increased its stake in shares of MSCI by 700.4% in the 4th quarter. Canoe Financial LP now owns 186,131 shares of the technology company’s stock valued at $111,680,000 after acquiring an additional 162,877 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors and hedge funds.

MSCI Price Performance

NYSE MSCI opened at $562.01 on Friday. The company has a fifty day moving average price of $590.02 and a 200-day moving average price of $590.00. The firm has a market cap of $43.64 billion, a price-to-earnings ratio of 39.97, a PEG ratio of 2.61 and a beta of 1.19. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, beating 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 period last year, the business posted $3.68 earnings per share. On average, research analysts anticipate that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $1.80 per share. This is a positive change from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Friday, February 14th. MSCI’s dividend payout ratio (DPR) is 51.21%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Morgan Stanley increased their target price on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Royal Bank of Canada reissued an “outperform” rating and set a $675.00 price objective on shares of MSCI in a research report on Thursday, January 30th. Barclays decreased their target price on MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $649.23.

Insiders Place Their Bets

In related news, CEO Henry A. Fernandez acquired 5,300 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. The trade was a 0.42 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.20% of the company’s stock.

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.