1,252 Shares in MSCI Inc $MSCI Bought by Fortune Financial Group Inc.

Fortune Financial Group Inc. bought a new position in shares of MSCI Inc (NYSE:MSCI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,252 shares of the technology company’s stock, valued at approximately $762,000.

Other large investors have also bought and sold shares of the company. Aviso Financial Inc. raised its position in shares of MSCI by 2.0% in the 3rd quarter. Aviso Financial Inc. now owns 859 shares of the technology company’s stock worth $487,000 after acquiring an additional 17 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of MSCI by 4.7% in the 4th quarter. Venturi Wealth Management LLC now owns 375 shares of the technology company’s stock worth $215,000 after acquiring an additional 17 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its position in shares of MSCI by 3.1% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 568 shares of the technology company’s stock worth $326,000 after acquiring an additional 17 shares in the last quarter. Keel Point LLC raised its position in shares of MSCI by 3.0% in the 3rd quarter. Keel Point LLC now owns 622 shares of the technology company’s stock worth $353,000 after acquiring an additional 18 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of MSCI by 1.7% in the 4th quarter. Allworth Financial LP now owns 1,074 shares of the technology company’s stock worth $616,000 after acquiring an additional 18 shares in the last quarter. 89.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MSCI shares. Weiss Ratings raised MSCI from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $655.00 price objective on shares of MSCI in a research report on Wednesday, April 22nd. Morgan Stanley lifted their price objective on MSCI from $719.00 to $727.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Raymond James Financial reissued a “strong-buy” rating and issued a $730.00 price objective on shares of MSCI in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company raised MSCI from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $650.00 to $700.00 in a research report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. Based on data from MarketBeat, MSCI presently has an average rating of “Buy” and an average price target of $697.70.

MSCI Price Performance

Shares of MSCI opened at $608.98 on Thursday. The stock has a 50-day moving average of $582.59 and a 200-day moving average of $569.94. The company has a market cap of $44.33 billion, a PE ratio of 34.78, a P/E/G ratio of 2.29 and a beta of 1.24. MSCI Inc has a one year low of $501.08 and a one year high of $644.68.

MSCI (NYSE:MSCI) last issued its earnings results on Tuesday, April 21st. The technology company reported $4.55 EPS for the quarter, beating the consensus estimate of $4.38 by $0.17. The company had revenue of $850.80 million during the quarter, compared to the consensus estimate of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period last year, the business posted $4.00 EPS. Analysts expect that MSCI Inc will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $2.05 dividend. The ex-dividend date was Friday, May 15th. This represents a $8.20 annualized dividend and a dividend yield of 1.3%. MSCI’s dividend payout ratio (DPR) is currently 46.83%.

Insider Activity

In other news, CFO Andrew C. Wiechmann sold 450 shares of the firm’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 completion of the sale, the chief financial officer directly owned 22,544 shares in the company, valued at $12,624,640. This trade represents a 1.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Alvise J. Munari sold 10,000 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $592.04, for a total value of $5,920,400.00. Following the completion of the sale, the insider owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This represents a 29.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.76% of the company’s stock.

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.