Jackson Square Partners LLC lifted its holdings in Msci Inc (NYSE:MSCI) by 7.4% in the 4th quarter, Holdings Channel reports. The firm owned 680,447 shares of the technology company’s stock after buying an additional 46,834 shares during the quarter. Jackson Square Partners LLC’s holdings in Msci were worth $86,103,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the stock. Amalgamated Bank lifted its stake in shares of Msci by 5.5% in the 4th quarter. Amalgamated Bank now owns 18,713 shares of the technology company’s stock valued at $2,368,000 after purchasing an additional 975 shares during the last quarter. Assetmark Inc. lifted its position in Msci by 480.1% during the 4th quarter. Assetmark Inc. now owns 1,079 shares of the technology company’s stock worth $137,000 after acquiring an additional 893 shares during the last quarter. Navellier & Associates Inc acquired a new position in Msci during the 4th quarter worth $377,000. OppenheimerFunds Inc. lifted its position in Msci by 2.5% during the 4th quarter. OppenheimerFunds Inc. now owns 159,515 shares of the technology company’s stock worth $20,185,000 after acquiring an additional 3,932 shares during the last quarter. Finally, American International Group Inc. lifted its position in Msci by 1.2% during the 4th quarter. American International Group Inc. now owns 188,949 shares of the technology company’s stock worth $23,910,000 after acquiring an additional 2,319 shares during the last quarter. 92.43% of the stock is owned by institutional investors and hedge funds.
Msci Inc (NYSE:MSCI) opened at $142.84 on Wednesday. Msci Inc has a twelve month low of $93.71 and a twelve month high of $149.15. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 5.77. The stock has a market cap of $12,989.75, a PE ratio of 36.29, a PEG ratio of 2.67 and a beta of 0.90.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.06%. Msci’s payout ratio is 45.78%.
MSCI has been the subject of a number of research analyst reports. Cantor Fitzgerald reissued a “buy” rating and set a $142.00 target price on shares of Msci in a research report on Tuesday, January 30th. Zacks Investment Research raised shares of Msci from a “hold” rating to a “buy” rating and set a $143.00 target price for the company in a research report on Thursday, January 4th. UBS Group boosted their target price on shares of Msci from $125.00 to $141.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. BidaskClub lowered shares of Msci from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 1st. Finally, Morgan Stanley boosted their target price on shares of Msci from $135.00 to $146.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $147.33.
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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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