Landscape Capital Management L.L.C. Takes $320,000 Position in MSCI Inc. (NYSE:MSCI)

Landscape Capital Management L.L.C. acquired a new stake in shares of MSCI Inc. (NYSE:MSCI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 549 shares of the technology company’s stock, valued at approximately $320,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Frank Rimerman Advisors LLC grew its stake in shares of MSCI by 0.9% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company’s stock valued at $1,147,000 after purchasing an additional 17 shares during the period. Conning Inc. raised its position in MSCI by 4.1% in the second quarter. Conning Inc. now owns 479 shares of the technology company’s stock worth $231,000 after acquiring an additional 19 shares during the period. Capital Advisors Ltd. LLC boosted its stake in shares of MSCI by 3.8% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 542 shares of the technology company’s stock worth $261,000 after acquiring an additional 20 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in MSCI by 5.0% during the second quarter. Concurrent Investment Advisors LLC now owns 423 shares of the technology company’s stock valued at $204,000 after purchasing an additional 20 shares in the last quarter. Finally, Planning Capital Management Corp grew its holdings in MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on MSCI shares. Wells Fargo & Company lifted their price objective on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. UBS Group cut their price target on MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Morgan Stanley upped their price target on MSCI from $640.00 to $662.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Evercore ISI started coverage on shares of MSCI in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 price objective on the stock. Finally, Redburn Atlantic upgraded shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 target price for the company in a research report on Wednesday, October 9th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, MSCI presently has an average rating of “Moderate Buy” and a consensus price target of $631.83.

MSCI Trading Up 1.4 %

Shares of NYSE MSCI opened at $589.57 on Monday. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $631.70. The firm’s 50-day moving average price is $586.39 and its 200-day moving average price is $542.48. The stock has a market capitalization of $46.21 billion, a price-to-earnings ratio of 38.71, a P/E/G ratio of 3.02 and a beta of 1.11.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share for the quarter, beating the consensus estimate of $3.77 by $0.09. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. MSCI’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.45 EPS. On average, equities analysts predict that MSCI Inc. will post 14.98 EPS for the current fiscal year.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, November 15th. MSCI’s dividend payout ratio is currently 42.02%.

MSCI 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.