MSCI Inc. (NYSE:MSCI) Shares Bought by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC lifted its position in MSCI Inc. (NYSE:MSCI) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Edgewood Management LLC raised its position in shares of MSCI by 16.9% in the third quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock worth $1,279,904,000 after acquiring an additional 318,214 shares during the period. Proficio Capital Partners LLC purchased a new position in MSCI during the fourth quarter worth approximately $126,082,000. Massachusetts Financial Services Co. MA grew its holdings in MSCI by 14.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock valued at $925,531,000 after purchasing an additional 198,666 shares during the period. Canoe Financial LP raised its stake in shares of MSCI by 700.4% during the 4th quarter. Canoe Financial LP now owns 186,131 shares of the technology company’s stock worth $111,680,000 after buying an additional 162,877 shares during the period. Finally, Fisher Funds Management LTD purchased a new stake in MSCI in the 4th quarter worth $82,722,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Henry A. Fernandez acquired 5,300 shares of MSCI 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 transaction, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. This represents a 0.42 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on the company. Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. dropped their price target on MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Morgan Stanley lifted their price objective on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. The Goldman Sachs Group upgraded MSCI from a “neutral” rating to a “buy” rating and upped their target price for the company from $617.00 to $723.00 in a report on Wednesday, December 18th. Finally, Barclays reduced their price target on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $649.23.

MSCI Stock Performance

NYSE MSCI opened at $581.09 on Friday. The firm has a market cap of $45.12 billion, a price-to-earnings ratio of 41.33, a PEG ratio of 2.61 and a beta of 1.11. The firm has a 50 day simple moving average of $594.03 and a 200-day simple moving average of $588.93. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45.

MSCI (NYSE:MSCI) last issued 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 earned $3.68 earnings per share. Equities analysts predict that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $1.80 dividend. The ex-dividend date is Friday, February 14th. This is a boost from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 dividend on an annualized basis and a yield of 1.24%. MSCI’s dividend payout ratio (DPR) is currently 51.21%.

About MSCI

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.