Msci (NYSE:MSCI) had its price objective boosted by UBS Group from $342.00 to $375.00 in a research report report published on Wednesday, BenzingaRatingsTable reports. UBS Group currently has a neutral rating on the technology company’s stock.

MSCI has been the topic of a number of other reports. Morgan Stanley lifted their price objective on Msci from $337.00 to $366.00 and gave the company an equal weight rating in a report on Wednesday. BMO Capital Markets lifted their price objective on Msci from $346.00 to $501.00 and gave the company an outperform rating in a report on Wednesday, July 8th. Deutsche Bank began coverage on Msci in a report on Friday, July 17th. They issued a hold rating on the stock. Finally, Zacks Investment Research raised Msci from a hold rating to a buy rating and set a $369.00 target price on the stock in a report on Tuesday, July 7th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of $346.44.

MSCI stock opened at $375.98 on Wednesday. The business’s 50-day simple moving average is $353.33 and its 200 day simple moving average is $315.44. The company has a market cap of $31.45 billion, a PE ratio of 61.33 and a beta of 0.94. Msci has a twelve month low of $206.82 and a twelve month high of $398.49.

Msci (NYSE:MSCI) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.09. The company had revenue of $409.60 million for the quarter, compared to the consensus estimate of $410.25 million. Msci had a negative return on equity of 268.97% and a net margin of 32.14%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.54 earnings per share. Research analysts predict that Msci will post 7.27 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be given a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 0.83%. The ex-dividend date is Thursday, August 13th. This is a boost from Msci’s previous quarterly dividend of $0.68. Msci’s payout ratio is 42.24%.

In related news, insider Scott A. Crum sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $376.69, for a total value of $1,318,415.00. Following the completion of the transaction, the insider now owns 29,279 shares in the company, valued at approximately $11,029,106.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Cd Baer Pettit sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $317.15, for a total transaction of $792,875.00. Following the completion of the transaction, the chief operating officer now owns 285,815 shares of the company’s stock, valued at approximately $90,646,227.25. The disclosure for this sale can be found here. Insiders sold a total of 11,000 shares of company stock valued at $3,770,165 in the last 90 days. 2.94% of the stock is currently owned by corporate insiders.

Institutional investors have recently modified their holdings of the business. Altshuler Shaham Ltd raised its position in shares of Msci by 512.5% during the 1st quarter. Altshuler Shaham Ltd now owns 98 shares of the technology company’s stock valued at $28,000 after acquiring an additional 82 shares during the last quarter. Creative Financial Designs Inc. ADV bought a new stake in shares of Msci during the 2nd quarter valued at $28,000. Procyon Private Wealth Partners LLC bought a new stake in shares of Msci during the 4th quarter valued at $29,000. JCIC Asset Management Inc. bought a new stake in shares of Msci during the 1st quarter valued at $30,000. Finally, Shine Investment Advisory Services Inc. raised its position in shares of Msci by 82.5% during the 1st quarter. Shine Investment Advisory Services Inc. now owns 104 shares of the technology company’s stock valued at $30,000 after acquiring an additional 47 shares during the last quarter. Institutional investors own 91.74% of the company’s stock.

About Msci

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.

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Analyst Recommendations for Msci (NYSE:MSCI)

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