9,448 Shares in MSCI Inc $MSCI Bought by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC bought a new stake in shares of MSCI Inc (NYSE:MSCI) in the 2nd quarter, HoldingsChannel reports. The fund bought 9,448 shares of the technology company’s stock, valued at approximately $5,291,000.

A number of other large investors also recently modified their holdings of the business. Ancora Advisors LLC bought a new stake in shares of MSCI during the 2nd quarter valued at about $27,000. Harvest Fund Management Co. Ltd bought a new position in shares of MSCI during the fourth quarter valued at approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of MSCI during the 4th quarter worth approximately $34,000. Compound Global Advisors LLC acquired a new stake in shares of MSCI during the 2nd quarter worth approximately $34,000. Finally, SHP Wealth Management bought a new stake in shares of MSCI in the 4th quarter worth approximately $36,000. 89.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MSCI shares. JPMorgan Chase & Co. upped their price objective on MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Rothschild & Co Redburn set a $690.00 price target on shares of MSCI in a research report on Thursday, June 18th. Bank of America increased their price objective on shares of MSCI from $715.00 to $730.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Barclays boosted their target price on shares of MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Finally, Wells Fargo & Company decreased their target price on shares of MSCI from $700.00 to $690.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $709.50.

MSCI Trading Up 0.7%

Shares of MSCI stock opened at $555.30 on Thursday. MSCI Inc has a 52 week low of $501.08 and a 52 week high of $644.77. The stock has a market cap of $40.37 billion, a PE ratio of 30.38, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. The company’s 50-day moving average price is $579.03 and its two-hundred day moving average price is $575.42.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing analysts’ consensus estimates of $4.99 by ($0.05). The company had revenue of $867.00 million for the quarter, compared to analyst estimates of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. MSCI’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $4.17 EPS. On average, equities analysts predict that MSCI Inc will post 19.61 EPS for the current fiscal year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $2.05 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a yield of 1.5%. MSCI’s dividend payout ratio (DPR) is currently 44.86%.

MSCI Company Profile

MSCI Inc is a global provider of investment decision-support tools and services for institutional investors, asset managers, wealth managers, banks and other financial institutions. The company is best known for its indexes, which are used to benchmark portfolios and support the design of investment products such as exchange-traded funds and other index-based strategies.

In addition to indexes covering equities, fixed income and other asset classes, MSCI provides portfolio analytics, risk-management tools, performance measurement and investment data.