Eurizon Capital SGR S.p.A. Makes New Investment in MSCI Inc $MSCI

Eurizon Capital SGR S.p.A. acquired a new position in shares of MSCI Inc (NYSE:MSCI) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 9,729 shares of the technology company’s stock, valued at approximately $5,586,000.

A number of other large investors have also modified their holdings of the stock. Fideuram Asset Management Ireland dac purchased a new stake in shares of MSCI during the fourth quarter worth $605,000. National Pension Service increased its holdings in MSCI by 7.6% in the fourth quarter. National Pension Service now owns 119,211 shares of the technology company’s stock valued at $68,395,000 after buying an additional 8,435 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in MSCI in the fourth quarter valued at $243,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in MSCI in the fourth quarter valued at $1,406,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in MSCI by 3.5% in the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 98,135 shares of the technology company’s stock valued at $56,303,000 after buying an additional 3,300 shares during the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Insider Transactions at MSCI

In other MSCI news, insider Alvise J. Munari sold 10,000 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the completion of the transaction, the insider directly owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This trade represents a 29.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Andrew C. Wiechmann sold 450 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $560.00, for a total transaction of $252,000.00. Following the completion of the transaction, the chief financial officer directly owned 22,544 shares of the company’s stock, valued at approximately $12,624,640. This trade represents a 1.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.76% of the company’s stock.

MSCI Stock Up 1.9%

Shares of NYSE:MSCI opened at $643.49 on Tuesday. The company has a market cap of $46.85 billion, a P/E ratio of 36.75, a PEG ratio of 2.38 and a beta of 1.24. MSCI Inc has a 52 week low of $501.08 and a 52 week high of $644.68. The company has a 50-day moving average price of $571.76 and a 200 day moving average price of $567.47.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. The firm had revenue of $850.80 million during the quarter, compared to the consensus estimate of $830.91 million. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the firm earned $4.00 earnings per share. Analysts expect that MSCI Inc will post 19.62 EPS for the current year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $2.05 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a yield of 1.3%. MSCI’s dividend payout ratio (DPR) is 46.83%.

Analysts Set New Price Targets

Several research firms recently commented on MSCI. Raymond James Financial reissued a “strong-buy” rating and issued a $730.00 target price on shares of MSCI in a report on Tuesday, April 21st. UBS Group increased their target price on MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley increased their target price on MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Wells Fargo & Company raised MSCI from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $650.00 to $700.00 in a report on Wednesday, May 27th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 target price on shares of MSCI in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, MSCI has a consensus rating of “Buy” and a consensus target price of $697.70.

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.