Dynasty Wealth Management LLC Raises Stock Holdings in MSCI Inc. (NYSE:MSCI)

Dynasty Wealth Management LLC raised its holdings in MSCI Inc. (NYSE:MSCI) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,778 shares of the technology company’s stock after purchasing an additional 95 shares during the quarter. Dynasty Wealth Management LLC’s holdings in MSCI were worth $2,267,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Edgewood Management LLC increased its position in MSCI by 16.9% in the 3rd quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock valued at $1,279,904,000 after acquiring an additional 318,214 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of MSCI during the 4th quarter worth $126,082,000. Massachusetts Financial Services Co. MA grew its position in MSCI by 14.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock worth $925,531,000 after buying an additional 198,666 shares during the period. Canoe Financial LP increased its stake in MSCI by 700.4% in the 4th quarter. Canoe Financial LP now owns 186,131 shares of the technology company’s stock valued at $111,680,000 after purchasing an additional 162,877 shares in the last quarter. Finally, Fisher Funds Management LTD purchased a new stake in shares of MSCI in the 4th quarter worth about $82,722,000. 89.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MSCI has been the subject of a number of recent research reports. Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Morgan Stanley raised their target price on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Royal Bank of Canada restated an “outperform” rating and set a $675.00 price objective on shares of MSCI in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Barclays cut their price objective on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $649.23.

Insider Activity

In related news, CEO Henry A. Fernandez acquired 2,900 shares of MSCI stock in a transaction that occurred on Thursday, December 5th. The stock was acquired at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This trade represents a 0.89 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.20% of the company’s stock.

MSCI Trading Up 0.3 %

MSCI stock opened at $581.09 on Friday. The firm has a market cap of $45.12 billion, a P/E ratio of 41.33, a P/E/G ratio of 2.61 and a beta of 1.11. The stock’s 50 day simple moving average is $594.03 and its 200 day simple moving average is $588.93. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.96 by $0.22. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. During the same period in the prior year, the company posted $3.68 EPS. On average, research analysts forecast that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.24%. This is a boost from MSCI’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Friday, February 14th. MSCI’s dividend payout ratio is presently 51.21%.

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.