United Capital Financial Advisers LLC Acquires 2,448 Shares of MSCI Inc. (NYSE:MSCI)

United Capital Financial Advisers LLC boosted its holdings in MSCI Inc. (NYSE:MSCIGet Rating) by 14.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,916 shares of the technology company’s stock after purchasing an additional 2,448 shares during the quarter. United Capital Financial Advisers LLC’s holdings in MSCI were worth $7,796,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MSCI. RB Capital Management LLC boosted its stake in MSCI by 16.5% in the 1st quarter. RB Capital Management LLC now owns 1,276 shares of the technology company’s stock worth $642,000 after purchasing an additional 181 shares during the period. Markel Corp boosted its stake in MSCI by 3.4% in the 1st quarter. Markel Corp now owns 141,700 shares of the technology company’s stock worth $71,258,000 after purchasing an additional 4,700 shares during the period. Shell Asset Management Co. boosted its stake in MSCI by 104.9% in the 1st quarter. Shell Asset Management Co. now owns 9,424 shares of the technology company’s stock worth $4,739,000 after purchasing an additional 4,825 shares during the period. Gladstone Institutional Advisory LLC bought a new position in MSCI in the 1st quarter worth approximately $449,000. Finally, Victory Capital Management Inc. boosted its stake in MSCI by 29.6% in the 1st quarter. Victory Capital Management Inc. now owns 317,265 shares of the technology company’s stock worth $153,662,000 after purchasing an additional 72,528 shares during the period. 89.14% of the stock is currently owned by institutional investors.

MSCI Stock Performance

NYSE:MSCI opened at $508.75 on Thursday. The stock’s fifty day moving average is $446.40 and its 200 day moving average is $443.32. MSCI Inc. has a fifty-two week low of $376.41 and a fifty-two week high of $649.89. The firm has a market capitalization of $40.68 billion, a PE ratio of 49.06 and a beta of 1.10.

MSCI Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Thursday, November 10th will be issued a dividend of $1.25 per share. The ex-dividend date is Wednesday, November 9th. This represents a $5.00 annualized dividend and a yield of 0.98%. MSCI’s payout ratio is presently 48.22%.

Insider Activity at MSCI

In other MSCI news, insider Scott A. Crum sold 7,500 shares of the stock in a transaction on Thursday, October 27th. The stock was sold at an average price of $460.00, for a total value of $3,450,000.00. Following the sale, the insider now owns 19,908 shares in the company, valued at $9,157,680. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other MSCI news, insider Scott A. Crum sold 7,500 shares of the stock in a transaction on Thursday, October 27th. The stock was sold at an average price of $460.00, for a total value of $3,450,000.00. Following the sale, the insider now owns 19,908 shares in the company, valued at $9,157,680. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Andrew C. Wiechmann sold 1,100 shares of the stock in a transaction on Thursday, November 3rd. The stock was sold at an average price of $453.38, for a total value of $498,718.00. Following the completion of the sale, the chief financial officer now owns 15,908 shares in the company, valued at approximately $7,212,369.04. The disclosure for this sale can be found here. 3.02% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSCI has been the topic of several recent research reports. Atlantic Securities upped their price objective on MSCI from $444.00 to $498.00 in a report on Monday, November 7th. Oppenheimer decreased their price objective on MSCI to $504.00 in a report on Wednesday, October 5th. Deutsche Bank Aktiengesellschaft upped their price objective on MSCI from $423.00 to $459.00 in a report on Thursday, October 27th. Morgan Stanley decreased their price objective on MSCI from $505.00 to $500.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 26th. Finally, UBS Group upped their price objective on MSCI from $514.00 to $546.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $507.11.

MSCI Profile

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MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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