Mitsubishi UFJ Asset Management Co. Ltd. Sells 12,755 Shares of MSCI Inc $MSCI

Mitsubishi UFJ Asset Management Co. Ltd. lowered its position in MSCI Inc (NYSE:MSCI) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 862,127 shares of the technology company’s stock after selling 12,755 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in MSCI were worth $487,317,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSCI. Vanguard Group Inc. boosted its position in MSCI by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 9,674,093 shares of the technology company’s stock valued at $5,489,177,000 after acquiring an additional 165,851 shares in the last quarter. State Street Corp boosted its position in MSCI by 1.2% during the 3rd quarter. State Street Corp now owns 3,320,761 shares of the technology company’s stock valued at $1,884,233,000 after acquiring an additional 39,450 shares in the last quarter. Bamco Inc. NY boosted its position in MSCI by 10.3% during the 3rd quarter. Bamco Inc. NY now owns 2,394,117 shares of the technology company’s stock valued at $1,358,446,000 after acquiring an additional 223,784 shares in the last quarter. Principal Financial Group Inc. boosted its position in MSCI by 6.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,777,749 shares of the technology company’s stock valued at $1,008,745,000 after acquiring an additional 109,287 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in MSCI by 36.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock valued at $606,674,000 after acquiring an additional 282,859 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MSCI. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $715.00 target price on shares of MSCI in a research report on Thursday, January 29th. Bank of America began coverage on MSCI in a research report on Tuesday, February 17th. They set a “buy” rating and a $700.00 target price on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $655.00 target price on shares of MSCI in a research report on Wednesday, April 22nd. Wells Fargo & Company increased their target price on MSCI from $545.00 to $650.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Finally, Weiss Ratings raised MSCI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $692.70.

MSCI Price Performance

MSCI stock opened at $580.78 on Wednesday. The stock has a market capitalization of $42.28 billion, a price-to-earnings ratio of 33.17, a PEG ratio of 2.20 and a beta of 1.24. MSCI Inc has a 1-year low of $501.08 and a 1-year high of $626.28. The business has a fifty day moving average price of $559.45 and a 200-day moving average price of $563.73.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, topping analysts’ consensus estimates of $4.38 by $0.17. The firm had revenue of $850.80 million during the quarter, compared to analysts’ expectations of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The business’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the firm earned $4.00 EPS. On average, equities research analysts anticipate that MSCI Inc will post 19.62 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $2.05 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.4%. MSCI’s dividend payout ratio (DPR) is presently 46.83%.

Insider Transactions at MSCI

In related news, insider Alvise J. Munari sold 10,000 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was 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 owned 23,548 shares in the company, valued at $13,941,357.92. This trade represents a 29.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Andrew C. Wiechmann sold 450 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer owned 22,544 shares of the company’s stock, valued at $12,624,640. This trade represents a 1.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 3.76% of the company’s stock.

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.