MSCI Inc $MSCI Shares Sold by Fielder Capital Group LLC

Fielder Capital Group LLC lessened its holdings in MSCI Inc (NYSE:MSCI) by 12.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 608 shares of the technology company’s stock after selling 88 shares during the quarter. Fielder Capital Group LLC’s holdings in MSCI were worth $351,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in MSCI by 5.9% in the first quarter. Vanguard Group Inc. now owns 9,376,852 shares of the technology company’s stock worth $5,302,610,000 after acquiring an additional 518,833 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in MSCI by 0.9% in the first quarter. Principal Financial Group Inc. now owns 1,626,923 shares of the technology company’s stock worth $920,026,000 after acquiring an additional 13,918 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of MSCI by 2.0% during the first quarter. American Century Companies Inc. now owns 1,008,778 shares of the technology company’s stock worth $570,464,000 after purchasing an additional 19,846 shares during the period. PineStone Asset Management Inc. lifted its holdings in shares of MSCI by 11.9% during the second quarter. PineStone Asset Management Inc. now owns 890,123 shares of the technology company’s stock worth $513,370,000 after purchasing an additional 94,466 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of MSCI by 2.6% during the first quarter. Northern Trust Corp now owns 804,640 shares of the technology company’s stock worth $455,024,000 after purchasing an additional 20,150 shares during the period. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

MSCI has been the subject of a number of research reports. Seaport Res Ptn raised MSCI to a “strong-buy” rating in a report on Wednesday, October 1st. Raymond James Financial raised MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 target price for the company in a report on Friday, July 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of MSCI in a report on Wednesday, October 8th. UBS Group lifted their target price on MSCI from $655.00 to $700.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. lifted their target price on MSCI from $625.00 to $655.00 and gave the stock an “overweight” rating in a report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $647.70.

MSCI Trading Up 0.8%

Shares of MSCI stock opened at $542.82 on Friday. The stock has a 50 day moving average of $561.09 and a 200 day moving average of $558.95. The stock has a market cap of $41.99 billion, a P/E ratio of 35.95, a P/E/G ratio of 2.63 and a beta of 1.33. MSCI Inc has a twelve month low of $486.73 and a twelve month high of $642.45.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Tuesday, July 22nd. The technology company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $4.12 by $0.05. The company had revenue of $772.68 million during the quarter, compared to analysts’ expectations of $763.06 million. MSCI had a negative return on equity of 143.13% and a net margin of 39.46%.MSCI’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the business earned $3.64 earnings per share. On average, research analysts predict that MSCI Inc will post 16.86 earnings per share for the current fiscal year.

MSCI 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.