B. Metzler seel. Sohn & Co. Holding AG Buys New Shares in MSCI Inc. (NYSE:MSCI)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in MSCI Inc. (NYSE:MSCI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 24,154 shares of the technology company’s stock, valued at approximately $14,080,000.

A number of other hedge funds have also added to or reduced their stakes in MSCI. Fifth Third Wealth Advisors LLC grew its position in shares of MSCI by 3.1% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 732 shares of the technology company’s stock valued at $427,000 after acquiring an additional 22 shares during the period. Wrapmanager Inc. grew its position in shares of MSCI by 15.3% in the 3rd quarter. Wrapmanager Inc. now owns 1,716 shares of the technology company’s stock valued at $1,000,000 after acquiring an additional 228 shares during the period. Quest Partners LLC grew its position in shares of MSCI by 4,032.2% in the 3rd quarter. Quest Partners LLC now owns 3,595 shares of the technology company’s stock valued at $2,096,000 after acquiring an additional 3,508 shares during the period. AMG National Trust Bank boosted its holdings in shares of MSCI by 1.3% during the 3rd quarter. AMG National Trust Bank now owns 11,925 shares of the technology company’s stock worth $6,951,000 after buying an additional 154 shares during the period. Finally, Gilbert & Cook Inc. boosted its holdings in shares of MSCI by 5.5% during the 3rd quarter. Gilbert & Cook Inc. now owns 916 shares of the technology company’s stock worth $534,000 after buying an additional 48 shares during the period. Institutional investors own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

MSCI has been the subject of several research analyst reports. UBS Group reduced their target price 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. Evercore ISI initiated coverage on shares of MSCI in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 price objective for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a report on Wednesday, October 30th. The Goldman Sachs Group boosted their price objective on shares of MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. Finally, Barclays boosted their price objective on shares of MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $631.83.

MSCI Trading Down 0.1 %

Shares of NYSE:MSCI opened at $593.12 on Tuesday. The firm has a 50 day moving average of $584.32 and a 200-day moving average of $539.21. The stock has a market capitalization of $46.48 billion, a PE ratio of 38.94, a PEG ratio of 3.09 and a beta of 1.11. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $631.70.

MSCI (NYSE:MSCI) last issued its earnings results on Tuesday, October 29th. The technology company reported $3.86 EPS 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 analysts’ expectations of $716.15 million. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the previous year, the company earned $3.45 EPS. On average, research analysts predict that MSCI Inc. will post 14.98 EPS for the current fiscal year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, November 15th. MSCI’s dividend payout ratio is 42.02%.

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.