Atria Wealth Solutions Inc. Has $321,000 Holdings in MSCI Inc (NYSE:MSCI)

Atria Wealth Solutions Inc. cut its holdings in MSCI Inc (NYSE:MSCI) by 40.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 567 shares of the technology company’s stock after selling 385 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in MSCI were worth $321,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of MSCI by 0.9% during the first quarter. Principal Financial Group Inc. now owns 1,626,923 shares of the technology company’s stock valued at $920,026,000 after acquiring an additional 13,918 shares in the last quarter. Northern Trust Corp grew its holdings in MSCI by 6.6% during the fourth quarter. Northern Trust Corp now owns 784,490 shares of the technology company’s stock worth $470,702,000 after buying an additional 48,524 shares in the last quarter. Bessemer Group Inc. grew its holdings in MSCI by 0.6% during the first quarter. Bessemer Group Inc. now owns 590,892 shares of the technology company’s stock worth $334,149,000 after buying an additional 3,335 shares in the last quarter. GAMMA Investing LLC grew its holdings in MSCI by 61,179.6% during the first quarter. GAMMA Investing LLC now owns 505,557 shares of the technology company’s stock worth $285,892,000 after buying an additional 504,732 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in MSCI by 19.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 477,034 shares of the technology company’s stock worth $286,225,000 after buying an additional 76,726 shares in the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.

MSCI Price Performance

Shares of NYSE:MSCI opened at $556.92 on Friday. The company has a market capitalization of $43.08 billion, a PE ratio of 36.88, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. The business has a fifty day moving average price of $561.90 and a two-hundred day moving average price of $561.20. MSCI Inc has a 1 year low of $486.73 and a 1 year high of $642.45.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, July 22nd. The technology company reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.05. The firm had revenue of $772.68 million during the quarter, compared to the consensus estimate of $763.06 million. MSCI had a negative return on equity of 143.13% and a net margin of 39.46%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.64 EPS. Sell-side analysts anticipate that MSCI Inc will post 16.86 earnings per share for the current year.

MSCI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $1.80 per share. The ex-dividend date is Friday, August 15th. This represents a $7.20 annualized dividend and a dividend yield of 1.3%. MSCI’s dividend payout ratio is presently 47.68%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Evercore ISI decreased their price target on MSCI from $673.00 to $631.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. upped their price target on MSCI from $650.00 to $680.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. Raymond James Financial upgraded MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price target for the company in a report on Friday, July 25th. Wells Fargo & Company decreased their price target on MSCI from $578.00 to $533.00 and set an “equal weight” rating for the company in a report on Wednesday, July 23rd. Finally, UBS Group upped their price target on MSCI from $655.00 to $700.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $654.73.

Insider Buying and Selling at MSCI

In other news, CEO Henry A. Fernandez purchased 9,916 shares of the business’s stock in a transaction dated Thursday, July 24th. The stock was bought at an average price of $544.70 per share, for a total transaction of $5,401,245.20. Following the purchase, the chief executive officer owned 1,279,867 shares of the company’s stock, valued at $697,143,554.90. The trade was a 0.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders acquired 12,400 shares of company stock worth $6,731,599. 3.31% of the stock is currently owned by corporate insiders.

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.