Oxbow Advisors LLC Purchases Shares of 5,674 MSCI Inc $MSCI

Oxbow Advisors LLC purchased a new stake in MSCI Inc (NYSE:MSCI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,674 shares of the technology company’s stock, valued at approximately $3,059,000.

Other hedge funds also recently made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC boosted its position in shares of MSCI by 341.7% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock valued at $30,000 after acquiring an additional 41 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in MSCI in the fourth quarter worth about $30,000. Eagle Bay Advisors LLC acquired a new position in MSCI in the fourth quarter worth about $34,000. Elyxium Wealth LLC bought a new position in MSCI during the fourth quarter worth about $34,000. Finally, SHP Wealth Management bought a new position in MSCI during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Stock Down 0.0%

Shares of MSCI stock opened at $603.00 on Friday. The company has a market capitalization of $43.90 billion, a P/E ratio of 34.44, a P/E/G ratio of 2.28 and a beta of 1.24. MSCI Inc has a 12-month low of $501.08 and a 12-month high of $644.68. The firm has a 50-day moving average price of $591.86 and a 200 day moving average price of $573.75.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, topping the consensus estimate of $4.38 by $0.17. The firm had revenue of $850.80 million for the quarter, compared to analysts’ expectations of $830.91 million. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.00 earnings per share. As a group, research analysts expect that MSCI Inc will post 19.62 earnings per share for the current year.

MSCI Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $2.05 per share. The ex-dividend date was Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. MSCI’s dividend payout ratio is 46.83%.

Analysts Set New Price Targets

MSCI has been the topic of a number of recent research reports. Rothschild & Co Redburn set a $690.00 price objective on MSCI in a report on Thursday, June 18th. Morgan Stanley increased their target price on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. UBS Group raised their target price on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Weiss Ratings lowered MSCI from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 15th. Finally, Wells Fargo & Company upgraded MSCI from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $650.00 to $700.00 in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $697.00.

Insider Buying and Selling

In related news, insider Alvise J. Munari sold 10,000 shares of the firm’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 trade represents a 29.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.76% of the stock is currently owned by company insiders.

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.