MSCI Inc. (NYSE:MSCI) Shares Sold by Nebula Research & Development LLC

Nebula Research & Development LLC trimmed its holdings in shares of MSCI Inc. (NYSE:MSCI) by 30.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,724 shares of the technology company’s stock after selling 759 shares during the period. Nebula Research & Development LLC’s holdings in MSCI were worth $1,034,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of MSCI. CWA Asset Management Group LLC lifted its stake in shares of MSCI by 4.2% in the 4th quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock worth $251,000 after acquiring an additional 17 shares during the period. Angeles Wealth Management LLC lifted its position in MSCI by 3.6% in the fourth quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company’s stock worth $295,000 after purchasing an additional 17 shares during the period. Bleakley Financial Group LLC boosted its stake in MSCI by 0.9% during the 4th quarter. Bleakley Financial Group LLC now owns 2,044 shares of the technology company’s stock valued at $1,227,000 after purchasing an additional 19 shares in the last quarter. Perigon Wealth Management LLC increased its position in shares of MSCI by 3.6% during the 4th quarter. Perigon Wealth Management LLC now owns 575 shares of the technology company’s stock valued at $351,000 after purchasing an additional 20 shares during the period. Finally, Trivant Custom Portfolio Group LLC raised its stake in shares of MSCI by 0.6% in the 4th quarter. Trivant Custom Portfolio Group LLC now owns 3,325 shares of the technology company’s stock worth $1,995,000 after buying an additional 21 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Activity

In related news, CEO Henry A. Fernandez acquired 5,300 shares of the stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the purchase, the chief executive officer now owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. The trade was a 0.42 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Cd Baer Pettit sold 5,000 shares of the business’s stock in a transaction on Friday, April 4th. The stock was sold at an average price of $524.25, for a total transaction of $2,621,250.00. Following the transaction, the chief operating officer now directly owns 294,787 shares in the company, valued at $154,542,084.75. This trade represents a 1.67 % decrease in their position. The disclosure for this sale can be found here. 3.31% of the stock is currently owned by company insiders.

MSCI Stock Performance

Shares of MSCI stock opened at $535.66 on Friday. The company has a market capitalization of $41.60 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 2.61 and a beta of 1.30. The stock’s 50 day simple moving average is $555.04 and its 200 day simple moving average is $583.65. MSCI Inc. has a twelve month low of $458.69 and a twelve month high of $642.45.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 earnings per share for the quarter, topping analysts’ consensus estimates of $3.88 by $0.12. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. The business had revenue of $745.83 million during the quarter, compared to analysts’ expectations of $746.45 million. On average, analysts forecast that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, May 16th. MSCI’s dividend payout ratio (DPR) is 49.48%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $675.00 target price on shares of MSCI in a report on Wednesday, April 16th. Bank of America initiated coverage on MSCI in a report on Thursday, April 10th. They issued a “neutral” rating and a $585.00 target price on the stock. Oppenheimer restated a “market perform” rating on shares of MSCI in a report on Wednesday. Wells Fargo & Company reduced their price objective on MSCI from $532.00 to $530.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 16th. Finally, Barclays cut their target price on shares of MSCI from $675.00 to $650.00 and set an “overweight” rating for the company in a research report on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $645.36.

MSCI Company 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.