1,117 Shares in Msci Inc (MSCI) Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new position in Msci Inc (NYSE:MSCI) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,117 shares of the technology company’s stock, valued at approximately $201,000.

Other institutional investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in Msci during the second quarter worth $114,000. Harvest Fund Management Co. Ltd boosted its stake in Msci by 113.9% during the third quarter. Harvest Fund Management Co. Ltd now owns 800 shares of the technology company’s stock worth $142,000 after buying an additional 426 shares in the last quarter. Smithfield Trust Co. boosted its stake in Msci by 2,573.3% during the second quarter. Smithfield Trust Co. now owns 802 shares of the technology company’s stock worth $133,000 after buying an additional 772 shares in the last quarter. Cerebellum GP LLC acquired a new stake in Msci during the third quarter worth $147,000. Finally, Rampart Investment Management Company LLC acquired a new stake in Msci during the second quarter worth $152,000. Institutional investors and hedge funds own 92.03% of the company’s stock.

A number of equities research analysts have weighed in on MSCI shares. Morgan Stanley set a $185.00 price target on shares of Msci and gave the stock a “hold” rating in a research note on Thursday, September 13th. Barclays decreased their price target on shares of Msci from $175.00 to $165.00 and set an “equal weight” rating on the stock in a research note on Friday, November 2nd. BMO Capital Markets decreased their price target on shares of Msci from $180.00 to $178.00 and set a “buy” rating on the stock in a research note on Monday, November 5th. Zacks Investment Research upgraded shares of Msci from a “sell” rating to a “hold” rating in a research note on Tuesday, August 7th. Finally, Cantor Fitzgerald lifted their price target on shares of Msci to $192.00 and gave the stock an “overweight” rating in a research note on Friday, August 3rd. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Msci has an average rating of “Buy” and a consensus target price of $175.29.

MSCI opened at $149.79 on Friday. Msci Inc has a fifty-two week low of $123.80 and a fifty-two week high of $184.22. The company has a debt-to-equity ratio of 6.80, a quick ratio of 2.65 and a current ratio of 2.75. The firm has a market cap of $13.37 billion, a price-to-earnings ratio of 29.72, a price-to-earnings-growth ratio of 2.88 and a beta of 1.09.

Msci (NYSE:MSCI) last posted its quarterly earnings results on Thursday, November 1st. The technology company reported $1.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.06. The firm had revenue of $357.90 million for the quarter, compared to the consensus estimate of $359.91 million. Msci had a net margin of 29.87% and a return on equity of 121.45%. The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.00 earnings per share. On average, sell-side analysts anticipate that Msci Inc will post 5.27 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Shareholders of record on Friday, November 16th will be issued a dividend of $0.58 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.55%. Msci’s payout ratio is presently 58.29%.

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About Msci

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

Further Reading: What is a bull market?

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Institutional Ownership by Quarter for Msci (NYSE:MSCI)

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