Corient Private Wealth LLC Has $22.99 Million Holdings in MSCI Inc. (NYSE:MSCI)

Corient Private Wealth LLC raised its position in MSCI Inc. (NYSE:MSCIFree Report) by 3.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,808 shares of the technology company’s stock after purchasing an additional 1,354 shares during the quarter. Corient Private Wealth LLC owned 0.06% of MSCI worth $22,991,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. State Street Corp lifted its position in MSCI by 2.6% during the second quarter. State Street Corp now owns 3,227,973 shares of the technology company’s stock worth $1,514,855,000 after acquiring an additional 82,761 shares during the last quarter. Capital Research Global Investors raised its position in shares of MSCI by 13.4% in the second quarter. Capital Research Global Investors now owns 2,042,809 shares of the technology company’s stock valued at $958,653,000 after buying an additional 240,639 shares in the last quarter. Geode Capital Management LLC raised its position in shares of MSCI by 2.9% in the second quarter. Geode Capital Management LLC now owns 1,684,190 shares of the technology company’s stock valued at $788,506,000 after buying an additional 46,934 shares in the last quarter. Capital International Investors raised its position in shares of MSCI by 11.0% in the second quarter. Capital International Investors now owns 1,570,337 shares of the technology company’s stock valued at $736,741,000 after buying an additional 156,155 shares in the last quarter. Finally, Sustainable Growth Advisers LP raised its position in shares of MSCI by 16.3% in the second quarter. Sustainable Growth Advisers LP now owns 1,390,639 shares of the technology company’s stock valued at $652,613,000 after buying an additional 194,606 shares in the last quarter. Institutional investors own 88.61% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on MSCI shares. Edward Jones assumed coverage on shares of MSCI in a research report on Friday, December 22nd. They set a “buy” rating for the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $570.00 price target on shares of MSCI in a research report on Wednesday, November 1st. JPMorgan Chase & Co. cut their price target on shares of MSCI from $610.00 to $600.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 18th. Raymond James reiterated a “market perform” rating on shares of MSCI in a report on Friday, January 5th. Finally, StockNews.com upgraded shares of MSCI from a “hold” rating to a “buy” rating in a report on Tuesday, December 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, MSCI has an average rating of “Hold” and an average target price of $568.29.

Read Our Latest Stock Analysis on MSCI

MSCI Stock Down 1.0 %

Shares of NYSE MSCI traded down $5.48 during mid-day trading on Friday, reaching $549.29. 558,025 shares of the company were exchanged, compared to its average volume of 446,759. MSCI Inc. has a 52 week low of $451.55 and a 52 week high of $573.32. The stock has a market capitalization of $43.44 billion, a PE ratio of 45.77, a PEG ratio of 2.66 and a beta of 1.12. The company’s 50 day moving average price is $540.59 and its 200 day moving average price is $526.61.

MSCI (NYSE:MSCIGet Free Report) last posted its quarterly earnings results on Tuesday, October 31st. The technology company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.13. The business had revenue of $625.40 million during the quarter, compared to the consensus estimate of $625.67 million. MSCI had a net margin of 39.76% and a negative return on equity of 97.86%. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.85 earnings per share. On average, sell-side analysts predict that MSCI Inc. will post 13.15 earnings per share for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date was Wednesday, November 8th. MSCI’s payout ratio is 46.00%.

MSCI Company Profile

(Free Report)

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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