MSCI Inc. (NYSE:MSCI) Shares Acquired by Dakota Wealth Management

Dakota Wealth Management lifted its stake in shares of MSCI Inc. (NYSE:MSCI) by 1.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,075 shares of the technology company’s stock after buying an additional 54 shares during the period. Dakota Wealth Management’s holdings in MSCI were worth $2,375,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of MSCI by 4.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,615 shares of the technology company’s stock valued at $2,026,000 after purchasing an additional 165 shares during the period. Toth Financial Advisory Corp boosted its holdings in shares of MSCI by 21.1% in the 1st quarter. Toth Financial Advisory Corp now owns 172 shares of the technology company’s stock valued at $96,000 after acquiring an additional 30 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in shares of MSCI by 4.4% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 1,422 shares of the technology company’s stock worth $797,000 after acquiring an additional 60 shares during the period. SteelPeak Wealth LLC raised its holdings in shares of MSCI by 4.4% during the first quarter. SteelPeak Wealth LLC now owns 1,253 shares of the technology company’s stock worth $702,000 after purchasing an additional 53 shares during the last quarter. Finally, LVW Advisors LLC boosted its holdings in MSCI by 12.1% in the first quarter. LVW Advisors LLC now owns 1,808 shares of the technology company’s stock valued at $1,013,000 after purchasing an additional 195 shares during the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on MSCI. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a research note on Wednesday, October 9th. Barclays upped their price objective on MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Argus lifted their target price on shares of MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a report on Friday, July 26th. The Goldman Sachs Group increased their price target on shares of MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a report on Wednesday, July 24th. Finally, 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 research report on Friday, October 11th. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, MSCI has a consensus rating of “Moderate Buy” and an average price target of $615.23.

MSCI Price Performance

Shares of NYSE:MSCI opened at $588.72 on Friday. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $617.39. The firm has a market capitalization of $46.64 billion, a PE ratio of 40.19, a P/E/G ratio of 3.17 and a beta of 1.11. The business’s 50 day moving average price is $578.79 and its 200-day moving average price is $528.48.

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.