538,342 Shares in MSCI Inc $MSCI Bought by Generation Investment Management LLP

Generation Investment Management LLP acquired a new position in shares of MSCI Inc (NYSE:MSCI) during the second quarter, HoldingsChannel reports. The firm acquired 538,342 shares of the technology company’s stock, valued at approximately $301,493,000. MSCI comprises 2.9% of Generation Investment Management LLP’s holdings, making the stock its 12th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Chancellor Financial Group WB LP acquired a new position in MSCI in the 2nd quarter worth $262,000. Danske Bank A S acquired a new stake in shares of MSCI in the 2nd quarter valued at about $21,932,000. Diversify Advisory Services LLC bought a new stake in shares of MSCI in the second quarter valued at about $1,136,000. Oxbow Advisors LLC bought a new stake in shares of MSCI in the second quarter valued at about $6,458,000. Finally, Wealthfront Advisers LLC acquired a new position in shares of MSCI during the second quarter worth about $4,421,000. 89.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MSCI. Bank of America increased their price objective on MSCI from $715.00 to $730.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Royal Bank Of Canada restated an “outperform” rating and issued a $655.00 target price on shares of MSCI in a research note on Wednesday, April 22nd. Wells Fargo & Company reduced their price target on MSCI from $700.00 to $690.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Raymond James Financial raised their price target on shares of MSCI from $730.00 to $760.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Barclays lifted their price objective on shares of MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $709.50.

MSCI Price Performance

Shares of NYSE MSCI opened at $564.44 on Thursday. The business has a 50-day moving average of $583.54 and a 200-day moving average of $573.90. The stock has a market capitalization of $41.03 billion, a price-to-earnings ratio of 30.88, a PEG ratio of 2.15 and a beta of 1.23. MSCI Inc has a fifty-two week low of $501.08 and a fifty-two week high of $644.77.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.99 by ($0.05). MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The company had revenue of $867.00 million for the quarter, compared to the consensus estimate of $870.71 million. During the same quarter in the previous year, the company posted $4.17 EPS. The business’s revenue was up 12.2% on a year-over-year basis. On average, sell-side analysts expect that MSCI Inc will post 19.61 EPS for the current year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $2.05 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $8.20 annualized dividend and a dividend yield of 1.5%. MSCI’s payout ratio is 44.86%.

About MSCI

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.