340 Shares in MSCI Inc. (NYSE:MSCI) Bought by GFG Capital LLC

GFG Capital LLC purchased a new stake in shares of MSCI Inc. (NYSE:MSCI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 340 shares of the technology company’s stock, valued at approximately $204,000.

A number of other large investors have also recently made changes to their positions in MSCI. Frank Rimerman Advisors LLC boosted its position in MSCI by 0.9% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company’s stock valued at $1,147,000 after acquiring an additional 17 shares in the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of MSCI by 4.2% during the 4th quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock valued at $251,000 after buying an additional 17 shares in the last quarter. Angeles Wealth Management LLC increased its stake in shares of MSCI by 3.6% in the 4th quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company’s stock worth $295,000 after acquiring an additional 17 shares in the last quarter. Bleakley Financial Group LLC boosted its position in shares of MSCI by 0.9% in the 4th quarter. Bleakley Financial Group LLC now owns 2,044 shares of the technology company’s stock worth $1,227,000 after purchasing an additional 19 shares in the last quarter. Finally, Planning Capital Management Corp increased its position in MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after buying an additional 20 shares in the last quarter. 89.97% of the stock is currently owned by institutional investors.

Insider Transactions at MSCI

In other news, CEO Henry A. Fernandez bought 2,900 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the transaction, the chief executive officer now owns 330,379 shares of the company’s stock, valued at $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.20% of the company’s stock.

MSCI Price Performance

MSCI opened at $572.02 on Friday. The firm has a market cap of $44.83 billion, a P/E ratio of 40.68, a PEG ratio of 2.67 and a beta of 1.11. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The company has a 50 day simple moving average of $603.18 and a two-hundred day simple moving average of $586.15.

MSCI (NYSE:MSCI) last released its earnings results 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 quarter in the previous year, the company earned $3.68 earnings per share. Equities analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from MSCI’s previous quarterly dividend of $1.60. MSCI’s dividend payout ratio is 45.52%.

Analyst Ratings Changes

Several brokerages recently commented on MSCI. The Goldman Sachs Group raised shares of 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 research report on Wednesday, December 18th. Morgan Stanley lifted their target price on MSCI from $662.00 to $695.00 and gave the stock 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 research report on Thursday, December 12th. UBS Group lowered their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Finally, Barclays cut their target price on shares of MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, MSCI presently has an average rating of “Moderate Buy” and an average price target of $649.23.

MSCI Company 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.