MSCI Inc. (NYSE:MSCI) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its holdings in MSCI Inc. (NYSE:MSCI) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,388 shares of the technology company’s stock after selling 298 shares during the quarter. Mutual of America Capital Management LLC’s holdings in MSCI were worth $5,633,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC boosted its holdings in MSCI by 30.0% in the third quarter. Prime Capital Investment Advisors LLC now owns 564 shares of the technology company’s stock valued at $329,000 after purchasing an additional 130 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in MSCI by 30.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 174,982 shares of the technology company’s stock valued at $104,991,000 after purchasing an additional 41,346 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of MSCI by 4.5% in the third quarter. JPMorgan Chase & Co. now owns 536,211 shares of the technology company’s stock valued at $312,574,000 after acquiring an additional 23,050 shares during the period. Mizuho Securities USA LLC boosted its holdings in shares of MSCI by 339.6% in the third quarter. Mizuho Securities USA LLC now owns 26,834 shares of the technology company’s stock valued at $15,642,000 after acquiring an additional 20,730 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of MSCI by 176.2% in the third quarter. Integrated Wealth Concepts LLC now owns 1,580 shares of the technology company’s stock valued at $921,000 after acquiring an additional 1,008 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Henry A. Fernandez purchased 5,300 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was acquired at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the transaction, the chief executive officer now directly owns 1,269,951 shares in the company, valued at $729,599,549.01. This represents a 0.42 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 3.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSCI. Barclays decreased their price objective on MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and increased their price objective for the company from $617.00 to $723.00 in a report on Wednesday, December 18th. Morgan Stanley increased their price objective on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Wolfe Research raised MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $675.00 price objective on shares of MSCI in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, MSCI presently has a consensus rating of “Moderate Buy” and a consensus target price of $649.23.

MSCI Stock Performance

NYSE:MSCI opened at $587.87 on Tuesday. The stock has a fifty day moving average price of $593.39 and a two-hundred day moving average price of $590.05. The stock has a market capitalization of $45.65 billion, a price-to-earnings ratio of 41.81, a PEG ratio of 2.61 and a beta of 1.11. MSCI Inc. has a 1 year low of $439.95 and a 1 year high of $642.45.

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

MSCI Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $1.80 dividend. This is a boost from MSCI’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend was Friday, February 14th. This represents a $7.20 annualized dividend and a yield of 1.22%. 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.