2,085 Shares in MSCI Inc $MSCI Purchased by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA bought a new position in MSCI Inc (NYSE:MSCI) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,085 shares of the technology company’s stock, valued at approximately $1,124,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in MSCI in the 4th quarter worth about $528,560,000. Bamco Inc. NY lifted its stake in MSCI by 15.1% in the fourth quarter. Bamco Inc. NY now owns 2,755,747 shares of the technology company’s stock valued at $1,581,055,000 after acquiring an additional 361,630 shares during the last quarter. Banque Pictet & Cie SA lifted its stake in shares of MSCI by 103.3% in the 4th quarter. Banque Pictet & Cie SA now owns 523,035 shares of the technology company’s stock valued at $300,081,000 after purchasing an additional 265,750 shares during the last quarter. Generation Investment Management LLP bought a new stake in shares of MSCI during the 4th quarter worth about $130,380,000. Finally, T. Rowe Price Investment Management Inc. boosted its position in MSCI by 13.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,446,291 shares of the technology company’s stock worth $829,781,000 after purchasing an additional 168,405 shares during the period. Hedge funds and other institutional investors own 89.97% of the company’s stock.

MSCI Trading Up 3.9%

MSCI stock opened at $572.29 on Tuesday. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $644.77. The firm has a market cap of $41.61 billion, a P/E ratio of 31.31, a P/E/G ratio of 2.10 and a beta of 1.24. The business’s 50 day moving average is $596.42 and its 200-day moving average is $576.64.

MSCI (NYSE:MSCI) last posted its earnings results on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing the consensus estimate of $4.99 by ($0.05). MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The company had revenue of $867.00 million for the quarter, compared to the consensus estimate of $870.71 million. During the same quarter last year, the business earned $4.17 EPS. MSCI’s quarterly revenue was up 12.2% compared to the same quarter last year. Sell-side analysts forecast that MSCI Inc will post 19.58 EPS for the current year.

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $2.05 per share. The ex-dividend date is Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio (DPR) is 44.86%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MSCI shares. JPMorgan Chase & Co. raised their price objective on shares of MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Morgan Stanley reissued an “overweight” rating and set a $700.00 target price on shares of MSCI in a research report on Tuesday, July 21st. Wells Fargo & Company decreased their price objective on MSCI from $700.00 to $690.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Weiss Ratings upgraded MSCI from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 16th. Finally, Rothschild & Co Redburn set a $690.00 target price on MSCI in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company’s stock. According to data from MarketBeat, MSCI has a consensus rating of “Buy” and an average target price of $709.50.

About MSCI

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.