3,575 Shares in MSCI Inc $MSCI Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC acquired a new position in MSCI Inc (NYSE:MSCI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 3,575 shares of the technology company’s stock, valued at approximately $1,956,000.

Other institutional investors have also recently bought and sold shares of the company. Wellington Grp LLC increased its holdings in shares of MSCI by 12.4% during the first quarter. Wellington Grp LLC now owns 1,647 shares of the technology company’s stock worth $888,000 after purchasing an additional 182 shares during the period. Verus Capital Partners LLC acquired a new stake in shares of MSCI in the first quarter valued at approximately $209,000. Groupe la Francaise boosted its stake in shares of MSCI by 4.9% in the first quarter. Groupe la Francaise now owns 9,948 shares of the technology company’s stock valued at $5,362,000 after buying an additional 463 shares during the period. Edgestream Partners L.P. bought a new stake in shares of MSCI in the first quarter valued at approximately $5,899,000. Finally, Bull Harbor Capital LLC acquired a new stake in MSCI during the first quarter worth approximately $668,000. Institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Jefferies Financial Group started coverage on MSCI in a report on Friday, July 17th. They issued a “buy” rating and a $760.00 price objective for the company. Rothschild & Co Redburn set a $690.00 target price on MSCI in a report on Thursday, June 18th. Morgan Stanley restated an “overweight” rating and issued a $700.00 price target on shares of MSCI in a research report on Tuesday, July 21st. Evercore set a $722.00 price target on MSCI in a research note on Wednesday, July 22nd. Finally, Wells Fargo & Company cut their price objective on shares of MSCI from $700.00 to $690.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company’s stock. According to MarketBeat.com, MSCI currently has a consensus rating of “Buy” and a consensus price target of $709.50.

MSCI Trading Down 0.4%

MSCI opened at $572.03 on Wednesday. The company’s 50 day moving average is $595.37 and its 200-day moving average is $576.29. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $644.77. The company has a market cap of $41.59 billion, a P/E ratio of 31.29, a PEG ratio of 2.19 and a beta of 1.23.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share (EPS) 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%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $4.17 earnings per share. On average, equities analysts forecast that MSCI Inc will post 19.61 EPS for the current year.

MSCI Announces Dividend

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

MSCI Profile

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.