CreativeOne Wealth LLC Has $2.37 Million Stock Holdings in MSCI Inc. (NYSE:MSCI)

CreativeOne Wealth LLC trimmed its stake in shares of MSCI Inc. (NYSE:MSCI) by 3.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 3,953 shares of the technology company’s stock after selling 125 shares during the quarter. CreativeOne Wealth LLC’s holdings in MSCI were worth $2,372,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Principal Financial Group Inc. increased its holdings in MSCI by 2.6% in the 3rd quarter. Principal Financial Group Inc. now owns 1,493,534 shares of the technology company’s stock valued at $870,627,000 after buying an additional 37,340 shares during the period. Sanctuary Advisors LLC boosted its stake in shares of MSCI by 66.1% during the third quarter. Sanctuary Advisors LLC now owns 6,412 shares of the technology company’s stock valued at $3,780,000 after purchasing an additional 2,551 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its position in MSCI by 26.2% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 919 shares of the technology company’s stock worth $536,000 after buying an additional 191 shares during the period. Tidal Investments LLC boosted its position in MSCI by 76.3% during the 3rd quarter. Tidal Investments LLC now owns 12,209 shares of the technology company’s stock worth $7,117,000 after buying an additional 5,283 shares during the period. Finally, Peapack Gladstone Financial Corp grew its holdings in MSCI by 47.5% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 975 shares of the technology company’s stock worth $568,000 after acquiring an additional 314 shares during the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on MSCI. JPMorgan Chase & Co. dropped their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company reduced their price target on MSCI from $623.00 to $532.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 9th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $617.00 to $723.00 in a research note on Wednesday, December 18th. Barclays decreased their target price on shares of MSCI from $675.00 to $650.00 and set an “overweight” rating for the company in a research report on Friday, April 4th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $675.00 price target on shares of MSCI in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $646.58.

MSCI Price Performance

MSCI stock opened at $556.53 on Wednesday. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45. The stock has a market capitalization of $43.22 billion, a PE ratio of 39.58, a price-to-earnings-growth ratio of 2.61 and a beta of 1.30. The company’s 50-day moving average is $560.93 and its 200-day moving average is $586.46.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period in the previous year, the firm earned $3.68 earnings per share. On average, analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Friday, February 14th. This is a positive change from MSCI’s previous quarterly dividend of $1.60. MSCI’s payout ratio is 51.21%.

Insiders Place Their Bets

In other news, COO Cd Baer Pettit sold 5,000 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $524.25, for a total value of $2,621,250.00. Following the completion of the sale, the chief operating officer now directly owns 294,787 shares of the company’s stock, valued at $154,542,084.75. This represents a 1.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Henry A. Fernandez bought 5,300 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average cost of $574.51 per share, for a total transaction of $3,044,903.00. Following the transaction, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. The trade was a 0.42 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.31% of the company’s stock.

MSCI Company 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.