News coverage about MSCI (NYSE:MSCI) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. MSCI earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.4982676079556 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- MSCI says to add six securities to China A index (feeds.reuters.com)
- Sheets Smith Wealth Management Reduces Stake in NetEase, Inc. (NASDAQ:NTES) (footballhebdo.com)
- Bp Plc Continues to Hold Stake in NetEase, Inc. (NTES) (overnewsmagazine.com)
- Norges Bank Sold A Little More MSCI Inc (MSCI) Stock (highlightpress.com)
- WisdomTree Adds A-Shares To 2 China ETFs (finance.yahoo.com)
A number of research analysts have issued reports on MSCI shares. Zacks Investment Research upgraded MSCI from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Thursday, July 6th. BidaskClub lowered MSCI from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. UBS Group AG reiterated a “buy” rating and set a $114.00 price target (up previously from $99.00) on shares of MSCI in a research report on Friday, May 5th. Cantor Fitzgerald restated a “buy” rating and issued a $100.00 price objective on shares of MSCI in a report on Friday, May 5th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $97.00 price objective (down previously from $98.00) on shares of MSCI in a report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. MSCI presently has a consensus rating of “Buy” and a consensus target price of $106.29.
Shares of MSCI (NYSE:MSCI) opened at 107.26 on Friday. MSCI has a one year low of $76.52 and a one year high of $113.38. The firm has a market cap of $9.66 billion, a price-to-earnings ratio of 34.73 and a beta of 1.04. The stock has a 50 day moving average price of $106.89 and a 200 day moving average price of $99.37.
MSCI (NYSE:MSCI) last announced its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. MSCI had a net margin of 24.01% and a return on equity of 87.11%. The company had revenue of $316.08 million for the quarter, compared to analysts’ expectations of $314.03 million. During the same quarter in the previous year, the company earned $0.77 earnings per share. MSCI’s quarterly revenue was up 8.8% on a year-over-year basis. On average, equities research analysts forecast that MSCI will post $3.80 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Friday, August 18th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $1.52 annualized dividend and a dividend yield of 1.42%. This is a boost from MSCI’s previous quarterly dividend of $0.28. MSCI’s payout ratio is currently 36.13%.
In related news, COO Cd Baer Pettit sold 2,083 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $103.97, for a total transaction of $216,569.51. Following the transaction, the chief operating officer now owns 182,432 shares in the company, valued at $18,967,455.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 6,249 shares of company stock worth $663,581 in the last quarter. 2.26% of the stock is owned by corporate insiders.
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MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
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