Louisiana State Employees Retirement System cut its stake in MSCI Inc (NYSE:MSCI) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,800 shares of the technology company’s stock after selling 1,200 shares during the quarter. Louisiana State Employees Retirement System’s holdings in MSCI were worth $2,885,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC grew its stake in shares of MSCI by 41,366.8% during the second quarter. Janus Henderson Group PLC now owns 3,794,624 shares of the technology company’s stock valued at $390,808,000 after acquiring an additional 3,785,473 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of MSCI by 64.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 919,364 shares of the technology company’s stock valued at $94,685,000 after acquiring an additional 359,892 shares in the last quarter. Public Employees Retirement Association of Colorado grew its stake in shares of MSCI by 1,502.3% during the third quarter. Public Employees Retirement Association of Colorado now owns 293,037 shares of the technology company’s stock valued at $34,256,000 after acquiring an additional 274,748 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of MSCI by 386.3% during the third quarter. Victory Capital Management Inc. now owns 325,299 shares of the technology company’s stock valued at $38,027,000 after acquiring an additional 258,402 shares in the last quarter. Finally, Artemis Investment Management LLP grew its stake in shares of MSCI by 131.2% during the third quarter. Artemis Investment Management LLP now owns 398,520 shares of the technology company’s stock valued at $46,585,000 after acquiring an additional 226,123 shares in the last quarter. 92.79% of the stock is currently owned by institutional investors.

Several brokerages have recently weighed in on MSCI. UBS Group raised their target price on MSCI from $125.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research downgraded MSCI from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Cantor Fitzgerald restated a “buy” rating and set a $126.00 target price on shares of MSCI in a research note on Thursday, November 2nd. Morgan Stanley raised their target price on MSCI from $129.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, November 3rd. Finally, BidaskClub downgraded MSCI from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. MSCI presently has a consensus rating of “Buy” and an average price target of $136.00.

MSCI Inc (NYSE:MSCI) opened at $134.33 on Wednesday. The company has a market capitalization of $12,239.46, a PE ratio of 40.10, a P/E/G ratio of 2.87 and a beta of 0.89. MSCI Inc has a 52 week low of $80.38 and a 52 week high of $136.93. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 5.77.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported $1.00 EPS for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The business had revenue of $322.10 million during the quarter, compared to the consensus estimate of $322.96 million. MSCI had a return on equity of 106.15% and a net margin of 24.97%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period last year, the firm earned $0.77 earnings per share. analysts anticipate that MSCI Inc will post 3.83 EPS for the current fiscal year.

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About MSCI

MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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