Flossbach Von Storch SE Decreases Position in MSCI Inc $MSCI

Flossbach Von Storch SE reduced its stake in shares of MSCI Inc (NYSE:MSCI) by 23.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,324 shares of the technology company’s stock after selling 51,952 shares during the period. Flossbach Von Storch SE owned 0.23% of MSCI worth $94,828,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Empowered Funds LLC grew its stake in shares of MSCI by 7.6% during the first quarter. Empowered Funds LLC now owns 2,003 shares of the technology company’s stock valued at $1,133,000 after acquiring an additional 142 shares in the last quarter. Woodline Partners LP grew its stake in MSCI by 39.0% during the 1st quarter. Woodline Partners LP now owns 6,585 shares of the technology company’s stock valued at $3,724,000 after purchasing an additional 1,846 shares in the last quarter. Sivia Capital Partners LLC grew its stake in MSCI by 20.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,052 shares of the technology company’s stock valued at $607,000 after purchasing an additional 182 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings in MSCI by 1.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 35,130 shares of the technology company’s stock worth $20,261,000 after purchasing an additional 344 shares during the last quarter. Finally, Osterweis Capital Management Inc. purchased a new stake in MSCI during the 2nd quarter worth approximately $88,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Stock Up 0.3%

Shares of MSCI stock opened at $564.44 on Thursday. MSCI Inc has a 12-month low of $501.08 and a 12-month high of $644.77. The stock has a 50 day moving average price of $583.54 and a two-hundred day moving average price of $573.90. The stock has a market capitalization of $41.03 billion, a P/E ratio of 30.88, a PEG ratio of 2.15 and a beta of 1.23.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share 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 analyst estimates of $870.71 million. MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.MSCI’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.17 earnings per share. Sell-side analysts anticipate that MSCI Inc will post 19.61 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $2.05 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $8.20 dividend on an annualized basis and a yield of 1.5%. MSCI’s dividend payout ratio (DPR) is 44.86%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Rothschild & Co Redburn set a $690.00 price target on MSCI in a research report on Thursday, June 18th. Royal Bank Of Canada restated an “outperform” rating and set a $655.00 price objective on shares of MSCI in a research report on Wednesday, April 22nd. Barclays upped their target price on MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a report on Friday, July 10th. Jefferies Financial Group started coverage on shares of MSCI in a research report on Friday, July 17th. They issued a “buy” rating and a $760.00 price target for the company. Finally, Raymond James Financial boosted their price objective on shares of MSCI from $730.00 to $760.00 and gave the company a “strong-buy” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus 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.