MSCI Inc $MSCI Shares Sold by Flossbach Von Storch SE

Flossbach Von Storch SE decreased its position in MSCI Inc (NYSE:MSCI) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,331 shares of the technology company’s stock after selling 6,268 shares during the quarter. Flossbach Von Storch SE owned 0.27% of MSCI worth $120,730,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MSCI. Alps Advisors Inc. increased its stake in MSCI by 1.1% during the 1st quarter. Alps Advisors Inc. now owns 7,413 shares of the technology company’s stock worth $4,192,000 after buying an additional 80 shares during the period. Cerity Partners LLC boosted its position in MSCI by 43.3% in the 1st quarter. Cerity Partners LLC now owns 27,857 shares of the technology company’s stock valued at $15,753,000 after buying an additional 8,412 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management increased its position in shares of MSCI by 4.6% during the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 7,630 shares of the technology company’s stock worth $4,315,000 after acquiring an additional 338 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in shares of MSCI by 21.3% in the first quarter. Kathmere Capital Management LLC now owns 809 shares of the technology company’s stock worth $457,000 after acquiring an additional 142 shares in the last quarter. Finally, Arizona State Retirement System lifted its stake in shares of MSCI by 6.0% in the first quarter. Arizona State Retirement System now owns 23,825 shares of the technology company’s stock worth $13,473,000 after acquiring an additional 1,354 shares in the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

MSCI Price Performance

MSCI stock opened at $582.50 on Friday. MSCI Inc has a 12 month low of $486.73 and a 12 month high of $642.45. The company has a fifty day moving average price of $562.55 and a two-hundred day moving average price of $561.69. The company has a market cap of $43.77 billion, a PE ratio of 36.91, a P/E/G ratio of 2.76 and a beta of 1.34.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $4.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.37 by $0.10. MSCI had a net margin of 40.03% and a negative return on equity of 110.94%. The company had revenue of $793.43 million for the quarter, compared to the consensus estimate of $794.87 million. During the same period last year, the firm posted $3.86 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. Equities research analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $1.80 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $7.20 dividend on an annualized basis and a yield of 1.2%. MSCI’s dividend payout ratio (DPR) is currently 45.63%.

MSCI declared that its board has approved a stock buyback plan on Tuesday, October 28th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the technology company to purchase up to 7.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Evercore ISI lifted their price objective on MSCI from $588.00 to $611.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. UBS Group lifted their price target on shares of MSCI from $700.00 to $710.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. upped their price target on shares of MSCI from $655.00 to $680.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. Weiss Ratings lowered shares of MSCI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Finally, Raymond James Financial raised shares of MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 target price for the company in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, MSCI presently has a consensus rating of “Moderate Buy” and a consensus target price of $655.90.

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.