MSCI Inc. (MSCI) Insider Valueact Capital Master Fund, Sells 275,000 Shares
MSCI Inc. (NYSE:MSCI) insider Valueact Capital Master Fund, sold 275,000 shares of MSCI stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $85.83, for a total value of $23,603,250.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Valueact Capital Master Fund, also recently made the following trade(s):
- On Friday, September 16th, Valueact Capital Master Fund, sold 225,000 shares of MSCI stock. The shares were sold at an average price of $85.28, for a total value of $19,188,000.00.
- On Tuesday, September 13th, Valueact Capital Master Fund, sold 225,000 shares of MSCI stock. The shares were sold at an average price of $85.41, for a total value of $19,217,250.00.
- On Thursday, September 8th, Valueact Capital Master Fund, sold 450,000 shares of MSCI stock. The shares were sold at an average price of $88.17, for a total value of $39,676,500.00.
Shares of MSCI Inc. (NYSE:MSCI) traded down 0.18% on Friday, hitting $86.61. The stock had a trading volume of 28,557 shares. MSCI Inc. has a one year low of $56.87 and a one year high of $90.79. The firm has a 50 day moving average price of $87.11 and a 200 day moving average price of $78.91. The company has a market capitalization of $8.20 billion, a P/E ratio of 35.41 and a beta of 1.02.
MSCI (NYSE:MSCI) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.77 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.05. MSCI had a net margin of 22.60% and a return on equity of 34.95%. The business earned $290.60 million during the quarter, compared to analysts’ expectations of $286.46 million. During the same quarter in the prior year, the company earned $0.56 EPS. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. On average, equities research analysts predict that MSCI Inc. will post $2.92 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Monday, August 15th were given a $0.28 dividend. The ex-dividend date of this dividend was Thursday, August 11th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.29%. This is a boost from MSCI’s previous quarterly dividend of $0.22. MSCI’s dividend payout ratio is currently 45.71%.
Hedge funds have recently added to or reduced their stakes in the stock. M&T Bank Corp boosted its stake in MSCI by 4.2% in the first quarter. M&T Bank Corp now owns 6,793 shares of the company’s stock worth $503,000 after buying an additional 275 shares in the last quarter. C M Bidwell & Associates Ltd. purchased a new stake in MSCI during the first quarter worth approximately $3,484,000. JPMorgan Chase & Co. boosted its stake in MSCI by 20.8% in the first quarter. JPMorgan Chase & Co. now owns 1,195,420 shares of the company’s stock worth $88,556,000 after buying an additional 205,728 shares in the last quarter. BlackRock Japan Co. Ltd purchased a new stake in MSCI during the first quarter worth approximately $9,411,000. Finally, BlackRock Group LTD boosted its stake in MSCI by 45.8% in the first quarter. BlackRock Group LTD now owns 528,312 shares of the company’s stock worth $39,137,000 after buying an additional 165,835 shares in the last quarter. Institutional investors and hedge funds own 95.32% of the company’s stock.
MSCI has been the topic of a number of recent research reports. Credit Suisse Group AG initiated coverage on MSCI in a report on Monday, July 11th. They issued an “outperform” rating and a $88.00 target price on the stock. Zacks Investment Research cut MSCI from a “hold” rating to a “sell” rating in a report on Tuesday, July 5th. Finally, Cantor Fitzgerald restated a “buy” rating on shares of MSCI in a report on Friday, August 19th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. MSCI currently has an average rating of “Hold” and an average price target of $80.50.
MSCI Company Profile
MSCI Inc (MSCI), together with its subsidiaries, offers content, applications and services to support the needs of institutional investors throughout their investment processes. The Company’s operating segment includes Index, Analytics and All Other segment. All Other segment comprises ESG and Real Estate segments.
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