Hantz Financial Services Inc. Sells 2,123 Shares of MSCI Inc. (NYSE:MSCI)

Hantz Financial Services Inc. reduced its position in shares of MSCI Inc. (NYSE:MSCI) by 5.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,387 shares of the technology company’s stock after selling 2,123 shares during the quarter. Hantz Financial Services Inc.’s holdings in MSCI were worth $22,433,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MSCI. LRI Investments LLC increased its stake in shares of MSCI by 120.0% during the third quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after buying an additional 24 shares during the period. True Wealth Design LLC purchased a new position in MSCI during the 3rd quarter valued at $38,000. Ashton Thomas Securities LLC bought a new position in MSCI in the 3rd quarter worth $40,000. Planning Capital Management Corp lifted its position in shares of MSCI by 35.1% in the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares during the period. Finally, Private Trust Co. NA boosted its stake in shares of MSCI by 35.1% during the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on MSCI shares. The Goldman Sachs Group upgraded shares of MSCI from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $617.00 to $723.00 in a report on Wednesday, December 18th. Morgan Stanley lifted their price target on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a report on Wednesday, October 30th. Wells Fargo & Company boosted 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. Finally, UBS Group decreased their price target on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $649.85.

Insider Activity

In other news, CEO Henry A. Fernandez acquired 2,900 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.20% of the stock is owned by corporate insiders.

MSCI Trading Up 0.8 %

Shares of MSCI opened at $628.77 on Wednesday. The company has a market cap of $49.28 billion, a price-to-earnings ratio of 41.28, a P/E/G ratio of 2.78 and a beta of 1.11. The business’s fifty day simple moving average is $606.56 and its two-hundred day simple moving average is $581.42. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $642.45.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, topping the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. During the same period in the prior year, the business posted $3.68 earnings per share. As a group, research analysts forecast that MSCI Inc. will post 14.99 EPS for the current year.

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.