Lindbrook Capital LLC Acquires 102 Shares of MSCI Inc. (NYSE:MSCI)

Lindbrook Capital LLC grew its position in shares of MSCI Inc. (NYSE:MSCI) by 56.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 282 shares of the technology company’s stock after buying an additional 102 shares during the quarter. Lindbrook Capital LLC’s holdings in MSCI were worth $160,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Schechter Investment Advisors LLC purchased a new stake in shares of MSCI during the third quarter valued at approximately $434,000. Bleakley Financial Group LLC grew its holdings in shares of MSCI by 6.8% during the fourth quarter. Bleakley Financial Group LLC now owns 2,340 shares of the technology company’s stock valued at $1,324,000 after buying an additional 148 shares during the last quarter. Nordea Investment Management AB boosted its holdings in MSCI by 19.2% in the fourth quarter. Nordea Investment Management AB now owns 218,623 shares of the technology company’s stock worth $124,786,000 after purchasing an additional 35,277 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in MSCI by 13,659.5% in the fourth quarter. International Assets Investment Management LLC now owns 10,182 shares of the technology company’s stock worth $5,759,000 after purchasing an additional 10,108 shares during the last quarter. Finally, Alphinity Investment Management Pty Ltd boosted its holdings in MSCI by 3.0% in the third quarter. Alphinity Investment Management Pty Ltd now owns 430,676 shares of the technology company’s stock worth $220,971,000 after purchasing an additional 12,495 shares during the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analysts Set New Price Targets

MSCI has been the topic of several research reports. Redburn Atlantic cut shares of MSCI from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $620.00 to $470.00 in a report on Tuesday, February 20th. StockNews.com cut shares of MSCI from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Raymond James restated a “market perform” rating on shares of MSCI in a report on Friday, January 5th. The Goldman Sachs Group raised their target price on shares of MSCI from $544.00 to $617.00 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Finally, Wells Fargo & Company raised their target price on shares of MSCI from $615.00 to $660.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. Three analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $581.57.

MSCI Price Performance

Shares of MSCI stock opened at $446.09 on Wednesday. The company has a market capitalization of $35.34 billion, a price-to-earnings ratio of 30.98, a PEG ratio of 2.58 and a beta of 1.06. MSCI Inc. has a one year low of $439.95 and a one year high of $617.39. The company’s fifty day moving average price is $547.91 and its 200-day moving average price is $539.08.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, April 23rd. The technology company reported $3.52 EPS for the quarter, beating the consensus estimate of $3.46 by $0.06. The firm had revenue of $680.00 million for the quarter, compared to the consensus estimate of $685.47 million. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. The company’s revenue was up 14.8% on a year-over-year basis. During the same period last year, the firm earned $3.14 EPS. Equities research analysts expect that MSCI Inc. will post 14.84 earnings per share for the current fiscal year.

MSCI Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.43%. MSCI’s payout ratio is 44.44%.

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.