MSCI Inc. (NYSE:MSCI) Holdings Raised by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB increased its position in shares of MSCI Inc. (NYSE:MSCI) by 26.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 919 shares of the technology company’s stock after purchasing an additional 191 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in MSCI were worth $536,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MSCI. Sanctuary Advisors LLC boosted its holdings in shares of MSCI by 66.1% during the third quarter. Sanctuary Advisors LLC now owns 6,412 shares of the technology company’s stock valued at $3,780,000 after acquiring an additional 2,551 shares during the period. Hohimer Wealth Management LLC increased its stake in shares of MSCI by 3.0% in the third quarter. Hohimer Wealth Management LLC now owns 1,539 shares of the technology company’s stock valued at $897,000 after purchasing an additional 45 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of MSCI by 57.1% during the third quarter. TD Private Client Wealth LLC now owns 3,215 shares of the technology company’s stock valued at $1,874,000 after buying an additional 1,168 shares during the last quarter. Toronto Dominion Bank grew its holdings in MSCI by 1.4% in the 3rd quarter. Toronto Dominion Bank now owns 39,233 shares of the technology company’s stock worth $22,870,000 after buying an additional 539 shares in the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in MSCI by 5.2% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,715 shares of the technology company’s stock worth $1,002,000 after buying an additional 85 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Insider Activity at MSCI

In other news, CEO Henry A. Fernandez acquired 2,900 shares of MSCI stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the transaction, the chief executive officer now owns 330,379 shares in the company, valued at approximately $202,456,251.20. This trade represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.20% of the stock is currently owned by insiders.

MSCI Stock Down 1.7 %

Shares of NYSE:MSCI opened at $625.10 on Monday. The company’s fifty day moving average is $599.91 and its two-hundred day moving average is $555.11. The company has a market cap of $48.99 billion, a P/E ratio of 41.04, a price-to-earnings-growth ratio of 3.27 and a beta of 1.10. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The firm had revenue of $724.70 million during the quarter, compared to the consensus estimate of $716.15 million. During the same period in the prior year, the business earned $3.45 EPS. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. Equities research analysts anticipate that MSCI Inc. will post 14.98 earnings per share for the current year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Friday, November 15th. MSCI’s dividend payout ratio is currently 42.02%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MSCI. Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday. Wells Fargo & Company upped their price objective on shares of MSCI from $570.00 to $600.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $638.00 price target on shares of MSCI in a research note on Wednesday, October 30th. Evercore ISI initiated coverage on MSCI in a report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 target price on the stock. Finally, Redburn Atlantic raised shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price target for the company in a report on Wednesday, October 9th. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, MSCI presently has an average rating of “Moderate Buy” and a consensus price target of $634.58.

MSCI Company Profile

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.