MSCI Inc $MSCI Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its holdings in shares of MSCI Inc (NYSE:MSCI) by 16.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,720 shares of the technology company’s stock after selling 929 shares during the quarter. Sanctuary Advisors LLC’s holdings in MSCI were worth $2,708,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. bought a new stake in shares of MSCI in the 3rd quarter worth $27,000. Root Financial Partners LLC bought a new stake in shares of MSCI in the 3rd quarter worth $28,000. Mowery & Schoenfeld Wealth Management LLC raised its stake in shares of MSCI by 341.7% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock worth $30,000 after buying an additional 41 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of MSCI in the 4th quarter worth $34,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of MSCI in the 2nd quarter worth $36,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

MSCI has been the topic of a number of research reports. Weiss Ratings raised MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Wells Fargo & Company boosted their price objective on MSCI from $545.00 to $650.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 22nd. Bank of America initiated coverage on MSCI in a research note on Tuesday, February 17th. They issued a “buy” rating and a $700.00 price objective on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 price objective on shares of MSCI in a research note on Wednesday, April 22nd. Finally, UBS Group boosted their price objective on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $692.70.

Insider Activity

In other news, insider Alvise J. Munari sold 10,000 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the completion of the sale, the insider directly owned 23,548 shares of the company’s stock, valued at $13,941,357.92. This represents a 29.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Andrew C. Wiechmann sold 450 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total value of $252,000.00. Following the sale, the chief financial officer directly owned 22,544 shares of the company’s stock, valued at approximately $12,624,640. This represents a 1.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.76% of the stock is currently owned by company insiders.

MSCI Stock Down 0.4%

Shares of NYSE MSCI opened at $589.11 on Friday. MSCI Inc has a 12 month low of $501.08 and a 12 month high of $626.28. The company has a market cap of $42.89 billion, a price-to-earnings ratio of 33.64, a P/E/G ratio of 2.23 and a beta of 1.24. The business has a fifty day simple moving average of $558.72 and a 200-day simple moving average of $563.34.

MSCI (NYSE:MSCI) last announced its earnings results on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating the consensus estimate of $4.38 by $0.17. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The business had revenue of $850.80 million during the quarter, compared to the consensus estimate of $830.91 million. During the same period in the prior year, the business posted $4.00 earnings per share. MSCI’s revenue was up 14.1% compared to the same quarter last year. As a group, sell-side analysts expect that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a dividend of $2.05 per share. This represents a $8.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, May 15th. MSCI’s dividend payout ratio is currently 46.83%.

MSCI Company 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.