Nisa Investment Advisors LLC Has $15.13 Million Holdings in MSCI Inc. (NYSE:MSCI)

Nisa Investment Advisors LLC decreased its holdings in MSCI Inc. (NYSE:MSCI) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,952 shares of the technology company’s stock after selling 99 shares during the quarter. Nisa Investment Advisors LLC’s holdings in MSCI were worth $15,128,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MSCI. Wealth Enhancement Advisory Services LLC increased its position in MSCI by 4.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,615 shares of the technology company’s stock valued at $2,026,000 after acquiring an additional 165 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of MSCI by 4.4% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 1,422 shares of the technology company’s stock worth $797,000 after buying an additional 60 shares during the period. Diversified Trust Co grew its position in shares of MSCI by 1.6% during the 1st quarter. Diversified Trust Co now owns 1,788 shares of the technology company’s stock worth $1,002,000 after buying an additional 29 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of MSCI by 7.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 48,601 shares of the technology company’s stock worth $27,239,000 after buying an additional 3,465 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of MSCI by 0.6% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 187,388 shares of the technology company’s stock worth $105,022,000 after buying an additional 1,119 shares during the period. 89.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MSCI shares. Evercore ISI began coverage on shares of MSCI in a research report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 price target for the company. The Goldman Sachs Group boosted their price objective on shares of MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. Barclays boosted their price objective on shares of MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Redburn Atlantic raised shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price target on the stock in a research note on Wednesday, October 9th. Finally, Argus lifted their price target on shares of MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $615.23.

MSCI Price Performance

NYSE:MSCI opened at $578.93 on Wednesday. The firm’s fifty day moving average price is $579.80 and its two-hundred day moving average price is $529.06. MSCI Inc. has a one year low of $439.95 and a one year high of $631.70. The company has a market cap of $45.53 billion, a P/E ratio of 38.78, a P/E/G ratio of 3.09 and a beta of 1.11.

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.