Vinva Investment Management Ltd Grows Position in MSCI Inc $MSCI

Vinva Investment Management Ltd increased its stake in shares of MSCI Inc (NYSE:MSCI) by 34.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 80,689 shares of the technology company’s stock after acquiring an additional 20,606 shares during the quarter. MSCI comprises about 0.9% of Vinva Investment Management Ltd’s portfolio, making the stock its 12th largest holding. Vinva Investment Management Ltd owned approximately 0.11% of MSCI worth $45,981,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Empowered Funds LLC grew its position in shares of MSCI by 7.6% during the first quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after purchasing an additional 142 shares in the last quarter. Woodline Partners LP lifted its position in shares of MSCI by 39.0% in the first quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock worth $3,724,000 after buying an additional 1,846 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of MSCI by 20.9% in the second quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock worth $607,000 after buying an additional 182 shares in the last quarter. Crestwood Advisors Group LLC boosted its stake in MSCI by 26.0% during the second quarter. Crestwood Advisors Group LLC now owns 660 shares of the technology company’s stock valued at $381,000 after buying an additional 136 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. grew its holdings in MSCI by 4.4% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 26,695 shares of the technology company’s stock valued at $15,394,000 after buying an additional 1,117 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Andrew C. Wiechmann sold 450 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $550.00, for a total value of $247,500.00. Following the sale, the chief financial officer owned 21,639 shares of the company’s stock, valued at approximately $11,901,450. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Henry A. Fernandez bought 6,000 shares of the stock in a transaction dated Friday, February 13th. The stock was purchased at an average price of $524.18 per share, with a total value of $3,145,080.00. Following the acquisition, the chief executive officer directly owned 1,493,047 shares in the company, valued at approximately $782,625,376.46. The trade was a 0.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.31% of the company’s stock.

Wall Street Analysts Forecast Growth

MSCI has been the topic of a number of research reports. UBS Group set a $638.00 price objective on MSCI in a research note on Wednesday, January 28th. Evercore raised their target price on shares of MSCI from $655.00 to $690.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Bank of America began coverage on shares of MSCI in a research report on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price target on the stock. Weiss Ratings raised shares of MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Finally, Wells Fargo & Company increased their price objective on shares of MSCI from $590.00 to $618.00 and gave the company an “equal weight” rating in a research report on Thursday, January 29th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $671.78.

MSCI Price Performance

Shares of MSCI stock opened at $569.33 on Friday. The company has a market cap of $41.83 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29. MSCI Inc has a 1 year low of $486.73 and a 1 year high of $626.28. The stock’s 50 day simple moving average is $571.28 and its two-hundred day simple moving average is $565.61.

MSCI (NYSE:MSCI) last announced its earnings results on Wednesday, January 28th. The technology company reported $4.66 EPS for the quarter, topping analysts’ consensus estimates of $4.62 by $0.04. The firm had revenue of $822.53 million during the quarter, compared to analysts’ expectations of $819.51 million. MSCI had a negative return on equity of 82.59% and a net margin of 38.36%.The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.18 EPS. Equities research analysts expect that MSCI Inc will post 16.86 EPS for the current year.

MSCI Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a dividend of $2.05 per share. The ex-dividend date of this dividend was Friday, February 13th. This is a positive change from MSCI’s previous quarterly dividend of $1.80. This represents a $8.20 annualized dividend and a yield of 1.4%. MSCI’s payout ratio is presently 52.26%.

MSCI Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.