Strive Financial Group LLC Decreases Stock Holdings in MSCI Inc $MSCI

Strive Financial Group LLC lowered its position in shares of MSCI Inc (NYSE:MSCI) by 78.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 643 shares of the technology company’s stock after selling 2,405 shares during the period. Strive Financial Group LLC’s holdings in MSCI were worth $360,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MSCI. Norges Bank bought a new position in MSCI during the 4th quarter valued at approximately $528,560,000. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new position in shares of MSCI during the fourth quarter valued at approximately $13,636,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of MSCI during the fourth quarter valued at approximately $1,406,000. MUFG Securities EMEA plc raised its holdings in shares of MSCI by 5,509.7% during the fourth quarter. MUFG Securities EMEA plc now owns 83,080 shares of the technology company’s stock valued at $47,665,000 after acquiring an additional 81,599 shares in the last quarter. Finally, FourThought Financial Partners LLC raised its holdings in shares of MSCI by 19.0% during the fourth quarter. FourThought Financial Partners LLC now owns 11,674 shares of the technology company’s stock valued at $6,697,000 after acquiring an additional 1,862 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on MSCI shares. Weiss Ratings cut shares of MSCI from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Bank of America increased their price target on shares of MSCI from $715.00 to $730.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. UBS Group set a $615.00 target price on MSCI in a report on Wednesday, July 22nd. Morgan Stanley restated an “overweight” rating and issued a $700.00 target price on shares of MSCI in a research note on Tuesday, July 21st. Finally, Rothschild & Co Redburn set a $690.00 price target on MSCI in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $709.50.

MSCI Stock Performance

Shares of NYSE MSCI opened at $572.27 on Friday. MSCI Inc has a fifty-two week low of $501.08 and a fifty-two week high of $644.77. The company has a 50 day simple moving average of $579.52 and a two-hundred day simple moving average of $574.58. The company has a market capitalization of $41.60 billion, a price-to-earnings ratio of 31.31, a P/E/G ratio of 2.19 and a beta of 1.22.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share for the quarter, missing the consensus estimate of $4.99 by ($0.05). The company had revenue of $867.00 million for the quarter, compared to the consensus estimate of $870.71 million. MSCI had a net margin of 40.74% and a negative return on equity of 55.19%. MSCI’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.17 earnings per share. On average, analysts forecast that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Announces Dividend

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

Key Headlines Impacting MSCI

Here are the key news stories impacting MSCI this week:

• Positive Sentiment: Director Rajat Taneja significantly increased his MSCI stake on September 4. The insider purchase may signal confidence in the company’s long-term outlook and provide modest support for investor sentiment. Prominent MSCI Insider Makes Bold Move With Fresh Stock Purchase
• Positive Sentiment: MSCI’s Asia-Pacific equity index rose as easing expectations for Federal Reserve policy helped lift global equities. A more favorable market environment can support demand for MSCI’s benchmarks, analytics and investment products, although this is an indirect benefit. Global Market Today: Asian Stocks Rise as Fed Rate-Hike Bets Ease
• Neutral Sentiment: MSCI will participate in Barclays’ Annual Global Financial Services Conference on September 14, with CFO Andy Wiechmann scheduled for a fireside chat. The event could provide updates on strategy, demand and financial performance, but no new guidance was announced. MSCI to Participate in Barclays Annual Global Financial Services Conference
• Neutral Sentiment: Several reports focus on MSCI removing India-based Swiggy from its Global Standard and related indexes effective September 7 because of foreign-ownership restrictions. The change may cause passive-fund flows in Swiggy, but it is a routine index decision and is not expected to materially affect MSCI’s own revenue or earnings. Swiggy Shares in Focus as MSCI Removes Stock From Global Standard Indexes

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.