Syon Capital LLC Has $416,000 Position in MSCI Inc. (NYSE:MSCI)

Syon Capital LLC decreased its stake in shares of MSCI Inc. (NYSE:MSCI) by 6.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 693 shares of the technology company’s stock after selling 47 shares during the quarter. Syon Capital LLC’s holdings in MSCI were worth $416,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Compagnie Lombard Odier SCmA bought a new stake in shares of MSCI during the fourth quarter worth approximately $41,000. Y.D. More Investments Ltd lifted its holdings in MSCI by 122.7% during the 4th quarter. Y.D. More Investments Ltd now owns 98 shares of the technology company’s stock worth $59,000 after purchasing an additional 54 shares during the last quarter. Picton Mahoney Asset Management acquired a new position in MSCI in the 4th quarter valued at $60,000. Private Trust Co. NA increased its position in MSCI by 46.8% during the 4th quarter. Private Trust Co. NA now owns 113 shares of the technology company’s stock worth $68,000 after buying an additional 36 shares during the period. Finally, SRS Capital Advisors Inc. lifted its holdings in shares of MSCI by 21.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 117 shares of the technology company’s stock worth $70,000 after buying an additional 21 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Oppenheimer reaffirmed a “market perform” rating on shares of MSCI in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on shares of MSCI from $680.00 to $650.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Wells Fargo & Company cut their price target on MSCI from $532.00 to $530.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 16th. Evercore ISI dropped their price objective on MSCI from $673.00 to $631.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $675.00 target price on shares of MSCI in a report on Wednesday, April 16th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $645.36.

Insider Activity at MSCI

In other MSCI news, COO Cd Baer Pettit sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $524.25, for a total value of $2,621,250.00. Following the completion of the transaction, the chief operating officer now directly owns 294,787 shares in the company, valued at approximately $154,542,084.75. This represents a 1.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Henry A. Fernandez purchased 5,300 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the acquisition, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. This trade represents a 0.42 % increase in their position. The disclosure for this purchase can be found here. 3.31% of the stock is currently owned by company insiders.

MSCI Stock Down 0.6 %

NYSE:MSCI opened at $530.13 on Friday. The firm has a market capitalization of $41.17 billion, a PE ratio of 37.70, a price-to-earnings-growth ratio of 2.61 and a beta of 1.30. MSCI Inc. has a twelve month low of $458.69 and a twelve month high of $642.45. The stock’s 50-day simple moving average is $555.78 and its 200 day simple moving average is $584.22.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Tuesday, April 22nd. The technology company reported $4.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.88 by $0.12. The business had revenue of $745.83 million during the quarter, compared to analysts’ expectations of $746.45 million. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. On average, analysts anticipate that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, May 16th. MSCI’s payout ratio is 49.48%.

MSCI Profile

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.