Point72 Hong Kong Ltd purchased a new stake in Msci Inc (NYSE:MSCI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,251 shares of the technology company’s stock, valued at approximately $207,000.

Other institutional investors have also bought and sold shares of the company. Baldwin Brothers Inc. MA grew its holdings in shares of Msci by 2.9% during the second quarter. Baldwin Brothers Inc. MA now owns 12,750 shares of the technology company’s stock worth $2,109,000 after purchasing an additional 365 shares during the last quarter. State Treasurer State of Michigan grew its holdings in shares of Msci by 1.2% during the first quarter. State Treasurer State of Michigan now owns 32,800 shares of the technology company’s stock worth $4,903,000 after buying an additional 400 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its holdings in shares of Msci by 5.9% during the second quarter. Nissay Asset Management Corp Japan ADV now owns 7,454 shares of the technology company’s stock worth $1,233,000 after buying an additional 413 shares during the last quarter. Sentry Investment Management LLC grew its holdings in shares of Msci by 8.5% during the second quarter. Sentry Investment Management LLC now owns 5,890 shares of the technology company’s stock worth $974,000 after buying an additional 461 shares during the last quarter. Finally, DnB Asset Management AS grew its holdings in shares of Msci by 4.7% during the second quarter. DnB Asset Management AS now owns 11,200 shares of the technology company’s stock worth $1,853,000 after buying an additional 500 shares during the last quarter. Institutional investors own 91.21% of the company’s stock.

MSCI stock opened at $176.53 on Thursday. Msci Inc has a 12-month low of $111.66 and a 12-month high of $184.22. The company has a debt-to-equity ratio of 7.43, a current ratio of 2.65 and a quick ratio of 2.65. The company has a market cap of $15.76 billion, a PE ratio of 44.35, a P/E/G ratio of 3.39 and a beta of 0.89.

Msci (NYSE:MSCI) last posted its quarterly earnings results on Thursday, August 2nd. The technology company reported $1.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.28 by $0.02. Msci had a net margin of 27.83% and a return on equity of 114.65%. The company had revenue of $363.05 million during the quarter, compared to the consensus estimate of $356.01 million. During the same period last year, the firm earned $0.95 EPS. The company’s revenue for the quarter was up 14.9% on a year-over-year basis. analysts forecast that Msci Inc will post 5.24 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 31st. Stockholders of record on Friday, August 17th were given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.31%. This is an increase from Msci’s previous quarterly dividend of $0.38. The ex-dividend date was Thursday, August 16th. Msci’s dividend payout ratio (DPR) is presently 58.29%.

A number of brokerages recently commented on MSCI. Barclays restated a “hold” rating and issued a $175.00 price objective on shares of Msci in a research report on Sunday, August 12th. Zacks Investment Research upgraded shares of Msci from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Morgan Stanley raised their price objective on shares of Msci from $168.00 to $174.00 and gave the company an “equal weight” rating in a research report on Friday, August 3rd. Cantor Fitzgerald raised their price objective on shares of Msci to $192.00 and gave the company an “overweight” rating in a research report on Friday, August 3rd. Finally, BMO Capital Markets began coverage on shares of Msci in a research report on Wednesday, July 25th. They issued an “outperform” rating and a $198.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Msci currently has an average rating of “Buy” and an average price target of $175.00.

Msci Company Profile

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use 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.

Further Reading: Market Capitalization in the Stock Market

Institutional Ownership by Quarter for Msci (NYSE:MSCI)

Receive News & Ratings for Msci Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Msci and related companies with MarketBeat.com's FREE daily email newsletter.