MSCI Inc $MSCI Shares Sold by CVA Family Office LLC

CVA Family Office LLC lowered its holdings in MSCI Inc (NYSE:MSCI) by 8.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 241 shares of the technology company’s stock after selling 22 shares during the period. CVA Family Office LLC’s holdings in MSCI were worth $139,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Olde Wealth Management LLC acquired a new position in MSCI in the first quarter worth approximately $27,000. Meeder Asset Management Inc. lifted its position in shares of MSCI by 136.4% during the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company’s stock valued at $29,000 after acquiring an additional 30 shares during the last quarter. Steph & Co. bought a new stake in shares of MSCI during the 2nd quarter worth $35,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of MSCI by 50.0% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company’s stock worth $37,000 after acquiring an additional 22 shares during the last quarter. Finally, Banque Transatlantique SA raised its position in shares of MSCI by 355.6% during the first quarter. Banque Transatlantique SA now owns 82 shares of the technology company’s stock worth $43,000 after purchasing an additional 64 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on MSCI. Evercore ISI increased their price target on MSCI from $588.00 to $611.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Wells Fargo & Company reduced their price objective on shares of MSCI from $578.00 to $533.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 23rd. UBS Group lifted their target price on shares of MSCI from $655.00 to $700.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. upped their price target on shares of MSCI from $625.00 to $655.00 and gave the company an “overweight” rating in a research report on Wednesday, September 10th. Finally, Seaport Res Ptn raised shares of MSCI to a “strong-buy” rating in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $647.70.

MSCI Price Performance

Shares of MSCI opened at $542.82 on Friday. The business’s 50-day moving average is $561.09 and its 200-day moving average is $559.32. The company has a market capitalization of $41.99 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 2.64 and a beta of 1.33. MSCI Inc has a fifty-two week low of $486.73 and a fifty-two week high of $642.45.

About MSCI

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.