Plato Investment Management Ltd Buys New Stake in MSCI Inc $MSCI

Plato Investment Management Ltd purchased a new position in shares of MSCI Inc (NYSE:MSCI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,008 shares of the technology company’s stock, valued at approximately $1,675,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in MSCI in the 4th quarter worth about $528,560,000. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new stake in MSCI in the fourth quarter valued at approximately $13,636,000. SBI Okasan Asset Management Co.Ltd. purchased a new stake in shares of MSCI in the fourth quarter valued at approximately $1,406,000. FourThought Financial Partners LLC increased its position in shares of MSCI by 19.0% in the fourth quarter. FourThought Financial Partners LLC now owns 11,674 shares of the technology company’s stock valued at $6,697,000 after buying an additional 1,862 shares in the last quarter. Finally, MUFG Securities EMEA plc increased its position in shares of MSCI by 5,509.7% in the fourth quarter. MUFG Securities EMEA plc now owns 83,080 shares of the technology company’s stock valued at $47,665,000 after buying an additional 81,599 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Rothschild & Co Redburn set a $690.00 target price on MSCI in a research report on Thursday, June 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 price target on shares of MSCI in a report on Wednesday, April 22nd. Morgan Stanley restated an “overweight” rating and set a $700.00 price objective on shares of MSCI in a research report on Tuesday, July 21st. UBS Group set a $615.00 price objective on shares of MSCI in a report on Wednesday, July 22nd. Finally, Weiss Ratings lowered shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $709.50.

MSCI Stock Performance

Shares of MSCI opened at $551.17 on Tuesday. MSCI Inc has a one year low of $501.08 and a one year high of $644.77. The stock has a market capitalization of $40.07 billion, a price-to-earnings ratio of 30.15, a PEG ratio of 2.17 and a beta of 1.23. The stock has a 50 day moving average price of $585.31 and a 200 day moving average price of $574.57.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing the consensus estimate of $4.99 by ($0.05). The firm had revenue of $867.00 million during 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%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.17 earnings per share. On average, analysts predict that MSCI Inc will post 19.61 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. MSCI’s dividend payout ratio is 44.86%.

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.