Centaurus Financial Inc. Purchases Shares of 966 MSCI Inc $MSCI

Centaurus Financial Inc. purchased a new stake in MSCI Inc (NYSE:MSCI) in the 2nd quarter, HoldingsChannel reports. The fund purchased 966 shares of the technology company’s stock, valued at approximately $541,000.

A number of other hedge funds also recently made changes to their positions in MSCI. Ancora Advisors LLC acquired a new stake in MSCI during the 2nd quarter valued at approximately $27,000. Harvest Fund Management Co. Ltd acquired a new position in shares of MSCI in the 4th quarter worth approximately $30,000. Elyxium Wealth LLC bought a new stake in shares of MSCI in the 4th quarter valued at $34,000. Compound Global Advisors LLC bought a new stake in shares of MSCI in the 2nd quarter valued at $34,000. Finally, SHP Wealth Management acquired a new stake in shares of MSCI during the fourth quarter worth $36,000. 89.97% of the stock is currently owned by institutional investors.

MSCI Price Performance

MSCI stock opened at $571.20 on Friday. The stock has a market capitalization of $41.53 billion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 2.17 and a beta of 1.23. The company’s 50-day moving average is $579.52 and its 200-day moving average is $573.14. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $644.77.

MSCI (NYSE:MSCI) last issued its earnings results on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing analysts’ consensus estimates of $4.99 by ($0.05). The firm had revenue of $867.00 million during 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 business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned $4.17 earnings per share. On average, analysts anticipate that MSCI Inc will post 19.61 earnings per share for the current fiscal year.

MSCI Dividend Announcement

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

Analyst Upgrades and Downgrades

MSCI has been the topic of several recent analyst reports. Barclays boosted their target price on shares of MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a report on Friday, July 10th. UBS Group set a $615.00 price objective on MSCI in a research report on Wednesday, July 22nd. Jefferies Financial Group assumed coverage on MSCI in a research report on Friday, July 17th. They set a “buy” rating and a $760.00 target price on the stock. Raymond James Financial raised their target price on MSCI from $730.00 to $760.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Wells Fargo & Company dropped their price target on MSCI from $700.00 to $690.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating and eleven have assigned a Buy rating to the company. According to MarketBeat, MSCI has an average rating of “Buy” and a consensus target price of $709.50.

MSCI Company 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.