Wedmont Private Capital Acquires 634 Shares of MSCI Inc. (NYSE:MSCI)

Wedmont Private Capital increased its holdings in shares of MSCI Inc. (NYSE:MSCIGet Rating) by 150.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,056 shares of the technology company’s stock after purchasing an additional 634 shares during the quarter. Wedmont Private Capital’s holdings in MSCI were worth $435,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Riverview Trust Co bought a new stake in MSCI during the 1st quarter worth approximately $25,000. Glassman Wealth Services grew its stake in shares of MSCI by 50.0% during the 4th quarter. Glassman Wealth Services now owns 60 shares of the technology company’s stock worth $37,000 after acquiring an additional 20 shares in the last quarter. AdvisorNet Financial Inc grew its stake in shares of MSCI by 178.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 64 shares of the technology company’s stock worth $26,000 after acquiring an additional 41 shares in the last quarter. Carolinas Wealth Consulting LLC grew its stake in shares of MSCI by 56.5% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 72 shares of the technology company’s stock worth $44,000 after acquiring an additional 26 shares in the last quarter. Finally, Allworth Financial LP grew its stake in shares of MSCI by 76.6% during the 1st quarter. Allworth Financial LP now owns 83 shares of the technology company’s stock worth $42,000 after acquiring an additional 36 shares in the last quarter. 89.14% of the stock is owned by institutional investors.

Insider Buying and Selling at MSCI

In other news, insider Scott A. Crum sold 5,000 shares of MSCI stock in a transaction on Monday, August 8th. The stock was sold at an average price of $501.46, for a total transaction of $2,507,300.00. Following the completion of the sale, the insider now owns 27,408 shares of the company’s stock, valued at $13,744,015.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.02% of the company’s stock.

MSCI Price Performance

Shares of MSCI stock opened at $456.68 on Monday. The business has a fifty day simple moving average of $466.27 and a two-hundred day simple moving average of $454.67. MSCI Inc. has a 1 year low of $376.41 and a 1 year high of $679.85. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 46.98 and a beta of 1.11.

MSCI (NYSE:MSCIGet Rating) last announced its quarterly earnings results on Tuesday, July 26th. The technology company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.07. MSCI had a negative return on equity of 151.89% and a net margin of 36.85%. The business had revenue of $551.80 million during the quarter, compared to the consensus estimate of $560.24 million. During the same quarter last year, the firm posted $2.45 EPS. The company’s quarterly revenue was up 10.8% on a year-over-year basis. As a group, equities analysts anticipate that MSCI Inc. will post 11.33 earnings per share for the current fiscal year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Friday, August 12th were issued a dividend of $1.25 per share. This is an increase from MSCI’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend was Thursday, August 11th. This represents a $5.00 annualized dividend and a yield of 1.09%. MSCI’s dividend payout ratio (DPR) is currently 51.44%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MSCI shares. Barclays decreased their price target on shares of MSCI from $570.00 to $470.00 and set an “overweight” rating for the company in a research note on Friday, June 24th. Oppenheimer raised their price target on shares of MSCI from $507.00 to $535.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of MSCI from $478.00 to $513.00 in a research note on Wednesday, August 10th. Morgan Stanley decreased their price target on shares of MSCI from $515.00 to $508.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 27th. Finally, Raymond James decreased their target price on shares of MSCI from $515.00 to $493.00 in a research note on Friday, July 15th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $517.25.

MSCI Company Profile

(Get Rating)

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.

Further Reading

Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSCI Inc. (NYSE:MSCIGet Rating).

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

Receive News & Ratings for MSCI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI and related companies with MarketBeat.com's FREE daily email newsletter.

Wedmont Private Capital Acquires 634 Shares of MSCI Inc. (NYSE:MSCI)

Wedmont Private Capital increased its holdings in shares of MSCI Inc. (NYSE:MSCIGet Rating) by 150.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,056 shares of the technology company’s stock after purchasing an additional 634 shares during the quarter. Wedmont Private Capital’s holdings in MSCI were worth $435,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Riverview Trust Co bought a new stake in MSCI during the 1st quarter worth approximately $25,000. Glassman Wealth Services grew its stake in shares of MSCI by 50.0% during the 4th quarter. Glassman Wealth Services now owns 60 shares of the technology company’s stock worth $37,000 after acquiring an additional 20 shares in the last quarter. AdvisorNet Financial Inc grew its stake in shares of MSCI by 178.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 64 shares of the technology company’s stock worth $26,000 after acquiring an additional 41 shares in the last quarter. Carolinas Wealth Consulting LLC grew its stake in shares of MSCI by 56.5% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 72 shares of the technology company’s stock worth $44,000 after acquiring an additional 26 shares in the last quarter. Finally, Allworth Financial LP grew its stake in shares of MSCI by 76.6% during the 1st quarter. Allworth Financial LP now owns 83 shares of the technology company’s stock worth $42,000 after acquiring an additional 36 shares in the last quarter. 89.14% of the stock is owned by institutional investors.

Insider Buying and Selling at MSCI

In other MSCI news, insider Scott A. Crum sold 5,000 shares of the firm’s stock in a transaction on Monday, August 8th. The stock was sold at an average price of $501.46, for a total transaction of $2,507,300.00. Following the completion of the sale, the insider now owns 27,408 shares of the company’s stock, valued at approximately $13,744,015.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.02% of the company’s stock.

MSCI Trading Up 0.1 %

NYSE:MSCI opened at $456.68 on Monday. MSCI Inc. has a 1-year low of $376.41 and a 1-year high of $679.85. The firm has a fifty day simple moving average of $466.27 and a 200 day simple moving average of $454.67. The stock has a market capitalization of $36.76 billion, a PE ratio of 46.98 and a beta of 1.11.

MSCI (NYSE:MSCIGet Rating) last announced its quarterly earnings results on Tuesday, July 26th. The technology company reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.07. MSCI had a negative return on equity of 151.89% and a net margin of 36.85%. The business had revenue of $551.80 million during the quarter, compared to the consensus estimate of $560.24 million. During the same quarter last year, the firm posted $2.45 EPS. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, equities analysts predict that MSCI Inc. will post 11.33 earnings per share for the current fiscal year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Friday, August 12th were issued a dividend of $1.25 per share. This is an increase from MSCI’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend was Thursday, August 11th. This represents a $5.00 annualized dividend and a yield of 1.09%. MSCI’s dividend payout ratio (DPR) is currently 51.44%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MSCI shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of MSCI from $478.00 to $513.00 in a research note on Wednesday, August 10th. Morgan Stanley decreased their price target on shares of MSCI from $515.00 to $508.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 27th. Barclays decreased their price target on shares of MSCI from $570.00 to $470.00 and set an “overweight” rating for the company in a research note on Friday, June 24th. Oppenheimer raised their price target on shares of MSCI from $507.00 to $535.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 16th. Finally, Raymond James decreased their target price on shares of MSCI from $515.00 to $493.00 in a research note on Friday, July 15th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $517.25.

MSCI Company Profile

(Get Rating)

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.

Further Reading

Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSCI Inc. (NYSE:MSCIGet Rating).

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

Receive News & Ratings for MSCI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI and related companies with MarketBeat.com's FREE daily email newsletter.