Lincoln National Corp Cuts Stock Holdings in MSCI Inc. (NYSE:MSCI)

Lincoln National Corp cut its position in shares of MSCI Inc. (NYSE:MSCIFree Report) by 5.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,040 shares of the technology company’s stock after selling 58 shares during the period. Lincoln National Corp’s holdings in MSCI were worth $534,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC grew its holdings in MSCI by 5,600.0% in the third quarter. ORG Partners LLC now owns 57 shares of the technology company’s stock valued at $29,000 after purchasing an additional 56 shares during the period. Atlas Capital Advisors LLC purchased a new position in shares of MSCI during the 1st quarter valued at approximately $35,000. International Assets Investment Management LLC purchased a new position in shares of MSCI during the 3rd quarter valued at approximately $38,000. Exchange Traded Concepts LLC grew its stake in MSCI by 153.3% in the 2nd quarter. Exchange Traded Concepts LLC now owns 76 shares of the technology company’s stock valued at $36,000 after acquiring an additional 46 shares during the period. Finally, Ronald Blue Trust Inc. increased its holdings in MSCI by 105.1% in the 3rd quarter. Ronald Blue Trust Inc. now owns 80 shares of the technology company’s stock worth $41,000 after acquiring an additional 41 shares in the last quarter. Institutional investors and hedge funds own 88.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MSCI shares. Raymond James reaffirmed a “market perform” rating on shares of MSCI in a report on Friday, January 5th. Edward Jones began coverage on MSCI in a report on Friday, December 22nd. They issued a “buy” rating on the stock. Oppenheimer boosted their price objective on MSCI from $572.00 to $601.00 and gave the stock an “outperform” rating in a research note on Monday, January 8th. Barclays decreased their target price on MSCI from $650.00 to $600.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 1st. Finally, Morgan Stanley upgraded MSCI from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $526.00 to $600.00 in a research report on Wednesday, December 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $568.29.

Get Our Latest Stock Report on MSCI

MSCI Stock Up 9.3 %

NYSE MSCI opened at $602.14 on Wednesday. The business’s fifty day simple moving average is $543.27 and its 200-day simple moving average is $528.69. The firm has a market cap of $47.62 billion, a PE ratio of 50.18, a P/E/G ratio of 2.62 and a beta of 1.12. MSCI Inc. has a 52 week low of $451.55 and a 52 week high of $617.39.

MSCI (NYSE:MSCIGet Free Report) last issued its earnings results on Tuesday, January 30th. The technology company reported $3.68 EPS for the quarter, topping analysts’ consensus estimates of $3.29 by $0.39. The company had revenue of $690.11 million for the quarter, compared to the consensus estimate of $662.64 million. MSCI had a net margin of 39.76% and a negative return on equity of 97.86%. MSCI’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.84 earnings per share. Research analysts expect that MSCI Inc. will post 13.15 EPS for the current year.

MSCI Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 29th. Investors of record on Friday, February 16th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This is a boost from MSCI’s previous quarterly dividend of $1.38. This represents a $6.40 dividend on an annualized basis and a yield of 1.06%. MSCI’s dividend payout ratio is currently 46.00%.

MSCI Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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