MSCI Inc. (NYSE:MSCI) is Tsai Capital Corp’s 9th Largest Position

Tsai Capital Corp increased its stake in shares of MSCI Inc. (NYSE:MSCI) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,123 shares of the technology company’s stock after purchasing an additional 611 shares during the period. MSCI accounts for approximately 3.1% of Tsai Capital Corp’s investment portfolio, making the stock its 9th biggest position. Tsai Capital Corp’s holdings in MSCI were worth $4,274,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MSCI. Allstate Corp purchased a new stake in shares of MSCI in the 4th quarter valued at $1,395,000. DnB Asset Management AS grew its holdings in MSCI by 1.8% during the 4th quarter. DnB Asset Management AS now owns 13,322 shares of the technology company’s stock valued at $7,993,000 after buying an additional 239 shares during the last quarter. Level Four Advisory Services LLC grew its stake in MSCI by 7.1% in the 4th quarter. Level Four Advisory Services LLC now owns 9,585 shares of the technology company’s stock worth $5,751,000 after acquiring an additional 633 shares during the period. Pictet Asset Management Holding SA boosted its holdings in shares of MSCI by 1.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 37,352 shares of the technology company’s stock valued at $22,412,000 after purchasing an additional 483 shares during the last quarter. Finally, AKO Capital LLP grew its stake in MSCI by 1.4% during the 4th quarter. AKO Capital LLP now owns 208,903 shares of the technology company’s stock valued at $125,344,000 after purchasing an additional 2,807 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSCI has been the subject of a number of recent analyst reports. Wolfe Research raised MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. Royal Bank of Canada reissued an “outperform” rating and set a $675.00 target price on shares of MSCI in a research note on Thursday, January 30th. Morgan Stanley increased their price target on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Barclays reduced their price target on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. decreased their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, MSCI has an average rating of “Moderate Buy” and a consensus target price of $649.23.

MSCI Stock Down 1.4 %

Shares of MSCI opened at $558.03 on Friday. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The stock has a market capitalization of $43.33 billion, a P/E ratio of 39.69, a P/E/G ratio of 2.61 and a beta of 1.19. The company has a 50 day moving average of $578.82 and a 200-day moving average of $588.55.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period last year, the business earned $3.68 EPS. On average, sell-side analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a $1.80 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a dividend yield of 1.29%. MSCI’s dividend payout ratio is presently 51.21%.

Insider Activity

In related news, CEO Henry A. Fernandez bought 5,300 shares of MSCI stock in a transaction dated Monday, February 24th. The shares were bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the acquisition, the chief executive officer now owns 1,269,951 shares in the company, valued at $729,599,549.01. This trade represents a 0.42 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.20% of the stock is owned by company insiders.

About MSCI

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.