MSCI Inc. (NYSE:MSCI) Stock Position Increased by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. raised its position in shares of MSCI Inc. (NYSE:MSCI) by 5.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,048 shares of the technology company’s stock after purchasing an additional 1,136 shares during the period. Mogy Joel R Investment Counsel Inc.’s holdings in MSCI were worth $13,829,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. LRI Investments LLC grew its stake in shares of MSCI by 120.0% in the third quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after purchasing an additional 24 shares in the last quarter. HWG Holdings LP acquired a new stake in MSCI in the second quarter worth about $27,000. True Wealth Design LLC bought a new position in MSCI in the 3rd quarter valued at about $38,000. Ashton Thomas Securities LLC acquired a new position in MSCI during the 3rd quarter valued at about $40,000. Finally, Planning Capital Management Corp increased its stake in MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after buying an additional 20 shares during the period. Institutional investors own 89.97% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Henry A. Fernandez acquired 2,900 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $612.80 per share, for a total transaction of $1,777,120.00. Following the purchase, the chief executive officer now owns 330,379 shares in the company, valued at $202,456,251.20. This represents a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.20% of the company’s stock.

MSCI Price Performance

MSCI stock opened at $612.25 on Tuesday. The company has a market cap of $47.98 billion, a P/E ratio of 40.20, a price-to-earnings-growth ratio of 2.78 and a beta of 1.11. MSCI Inc. has a fifty-two week low of $439.95 and a fifty-two week high of $642.45. The firm’s 50 day simple moving average is $604.24 and its 200-day simple moving average is $576.09.

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

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend was Friday, November 15th. MSCI’s dividend payout ratio is currently 42.02%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. UBS Group decreased their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Wells Fargo & Company increased their price target on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Evercore ISI began coverage on MSCI in a research note on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 price objective on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a report on Wednesday, October 30th. Finally, Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $680.00 target price on the stock in a report on Wednesday, October 9th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $645.67.

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.