MSCI Inc $MSCI Shares Purchased by TD Asset Management Inc

TD Asset Management Inc boosted its position in MSCI Inc (NYSE:MSCI) by 8.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 155,532 shares of the technology company’s stock after purchasing an additional 12,222 shares during the quarter. TD Asset Management Inc’s holdings in MSCI were worth $89,233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MSCI. Norges Bank acquired a new position in MSCI in the 4th quarter valued at about $528,560,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in MSCI by 499.3% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 874,882 shares of the technology company’s stock valued at $496,417,000 after purchasing an additional 728,900 shares during the last quarter. JPMorgan Chase & Co. raised its stake in MSCI by 36.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,069,180 shares of the technology company’s stock valued at $606,674,000 after purchasing an additional 282,859 shares during the last quarter. Banque Pictet & Cie SA raised its stake in MSCI by 103.3% in the 4th quarter. Banque Pictet & Cie SA now owns 523,035 shares of the technology company’s stock valued at $300,081,000 after purchasing an additional 265,750 shares during the last quarter. Finally, Bamco Inc. NY raised its stake in MSCI by 10.3% in the 3rd quarter. Bamco Inc. NY now owns 2,394,117 shares of the technology company’s stock valued at $1,358,446,000 after purchasing an additional 223,784 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Price Performance

NYSE MSCI opened at $620.52 on Friday. MSCI Inc has a 12 month low of $501.08 and a 12 month high of $644.68. The company has a 50-day moving average of $576.28 and a 200-day moving average of $568.51. The company has a market cap of $45.17 billion, a P/E ratio of 35.44, a P/E/G ratio of 2.32 and a beta of 1.24.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The company had revenue of $850.80 million during the quarter, compared to the consensus estimate of $830.91 million. During the same quarter in the prior year, the company posted $4.00 EPS. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. As a group, equities research analysts anticipate that MSCI Inc will post 19.62 EPS for the current year.

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $2.05 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.3%. MSCI’s dividend payout ratio is currently 46.83%.

Insider Transactions at MSCI

In other news, insider Alvise J. Munari sold 10,000 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the completion of the sale, the insider owned 23,548 shares in the company, valued at approximately $13,941,357.92. The trade was a 29.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew C. Wiechmann sold 450 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the sale, the chief financial officer owned 22,544 shares of the company’s stock, valued at $12,624,640. The trade was a 1.96% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 3.76% of the company’s stock.

Wall Street Analysts Forecast Growth

MSCI has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 target price on shares of MSCI in a research note on Wednesday, April 22nd. UBS Group upped their price objective on shares of MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings raised shares of MSCI from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. Finally, Bank of America assumed coverage on shares of MSCI in a research note on Tuesday, February 17th. They set a “buy” rating and a $700.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $697.70.

MSCI Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.