Hilton Head Capital Partners LLC Acquires Shares of 1,395 MSCI Inc $MSCI

Hilton Head Capital Partners LLC acquired a new stake in MSCI Inc (NYSE:MSCI) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,395 shares of the technology company’s stock, valued at approximately $800,000.

Several other hedge funds also recently bought and sold shares of the business. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its position in MSCI by 31.1% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 1,100 shares of the technology company’s stock valued at $631,000 after acquiring an additional 261 shares during the last quarter. Syon Capital LLC grew its position in MSCI by 10.1% in the 4th quarter. Syon Capital LLC now owns 1,311 shares of the technology company’s stock valued at $752,000 after acquiring an additional 120 shares during the last quarter. Capital World Investors grew its position in MSCI by 1.4% in the 4th quarter. Capital World Investors now owns 90,953 shares of the technology company’s stock valued at $52,182,000 after acquiring an additional 1,222 shares during the last quarter. Havemeyer Place LP bought a new position in MSCI in the 4th quarter valued at $336,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in MSCI by 2.1% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 14,510 shares of the technology company’s stock valued at $8,325,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

MSCI Stock Performance

MSCI stock opened at $616.28 on Monday. The stock has a 50-day moving average of $578.01 and a two-hundred day moving average of $568.93. MSCI Inc has a one year low of $501.08 and a one year high of $644.68. The stock has a market cap of $44.87 billion, a PE ratio of 35.20, a price-to-earnings-growth ratio of 2.32 and a beta of 1.24.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The company had revenue of $850.80 million during the quarter, compared to analysts’ expectations of $830.91 million. During the same period last year, the business posted $4.00 earnings per share. The firm’s revenue was up 14.1% compared to the same quarter last year. As a group, sell-side analysts predict that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $2.05 dividend. The ex-dividend date 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%.

Insider Transactions at MSCI

In other MSCI news, CFO Andrew C. Wiechmann sold 450 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the sale, the chief financial officer directly owned 22,544 shares in the company, valued at approximately $12,624,640. This trade represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 sale, the insider 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 SEC filing for this sale provides additional information. Company insiders own 3.76% of the company’s stock.

Wall Street Analysts Forecast Growth

MSCI has been the subject of several research reports. Morgan Stanley upped their target price on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $655.00 target price on shares of MSCI in a report on Wednesday, April 22nd. UBS Group upped their target price on MSCI from $710.00 to $720.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Bank of America initiated coverage on MSCI in a report on Tuesday, February 17th. They issued a “buy” rating and a $700.00 target price for the company. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $730.00 target price on shares of MSCI in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. Based on data from MarketBeat, MSCI has an average rating of “Buy” and an average target price of $697.70.

About MSCI

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.