Sage Mountain Advisors LLC Lowers Stock Position in MSCI Inc $MSCI

Sage Mountain Advisors LLC lowered its position in shares of MSCI Inc (NYSE:MSCI) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 533 shares of the technology company’s stock after selling 32 shares during the quarter. Sage Mountain Advisors LLC’s holdings in MSCI were worth $307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Olde Wealth Management LLC purchased a new position in MSCI during the first quarter valued at $27,000. Meeder Asset Management Inc. raised its position in shares of MSCI by 136.4% in the 1st quarter. Meeder Asset Management Inc. now owns 52 shares of the technology company’s stock worth $29,000 after purchasing an additional 30 shares during the last quarter. Steph & Co. purchased a new position in shares of MSCI in the 2nd quarter worth about $35,000. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of MSCI by 50.0% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 66 shares of the technology company’s stock worth $37,000 after purchasing an additional 22 shares during the last quarter. Finally, Banque Transatlantique SA raised its position in shares of MSCI by 355.6% in the 1st quarter. Banque Transatlantique SA now owns 82 shares of the technology company’s stock worth $43,000 after purchasing an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

MSCI has been the subject of several recent analyst reports. Wells Fargo & Company lowered their price target on MSCI from $578.00 to $533.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 23rd. Evercore ISI lifted their price target on MSCI from $588.00 to $611.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Seaport Res Ptn raised MSCI to a “strong-buy” rating in a research report on Wednesday, October 1st. Weiss Ratings lowered MSCI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. lifted their price target on MSCI from $625.00 to $655.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $647.70.

MSCI Stock Performance

Shares of NYSE:MSCI opened at $542.82 on Monday. MSCI Inc has a fifty-two week low of $486.73 and a fifty-two week high of $642.45. The business has a 50-day simple moving average of $561.09 and a two-hundred day simple moving average of $559.39. The firm has a market cap of $41.99 billion, a price-to-earnings ratio of 35.95, a price-to-earnings-growth ratio of 2.64 and a beta of 1.33.

MSCI Company 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.