Whipplewood Advisors LLC lessened its stake in MSCI Inc (NYSE:MSCI – Free Report) by 22.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 113 shares of the technology company’s stock after selling 33 shares during the quarter. Whipplewood Advisors LLC’s holdings in MSCI were worth $65,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in MSCI. GAMMA Investing LLC raised its position in MSCI by 8.4% during the first quarter. GAMMA Investing LLC now owns 894 shares of the technology company’s stock worth $506,000 after acquiring an additional 69 shares in the last quarter. Golden State Wealth Management LLC grew its stake in shares of MSCI by 336.4% in the first quarter. Golden State Wealth Management LLC now owns 96 shares of the technology company’s stock valued at $54,000 after acquiring an additional 74 shares in the last quarter. Transcend Capital Advisors LLC grew its stake in shares of MSCI by 21.2% in the first quarter. Transcend Capital Advisors LLC now owns 1,434 shares of the technology company’s stock valued at $811,000 after acquiring an additional 251 shares in the last quarter. Achmea Investment Management B.V. acquired a new position in shares of MSCI in the first quarter valued at about $1,518,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in MSCI by 19.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,073 shares of the technology company’s stock worth $4,509,000 after buying an additional 1,300 shares in the last quarter. Institutional investors own 89.97% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Raymond James Financial upgraded shares of MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price objective on the stock in a research note on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on shares of MSCI from $625.00 to $655.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Wells Fargo & Company dropped their price target on shares of MSCI from $578.00 to $533.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 23rd. Seaport Res Ptn upgraded shares of MSCI to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Evercore ISI lifted their price objective on shares of MSCI from $588.00 to $611.00 and gave the company an “outperform” rating in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $647.70.
MSCI Stock Performance
Shares of NYSE:MSCI opened at $542.82 on Monday. The company has a market capitalization of $41.99 billion, a P/E ratio of 35.95, a price-to-earnings-growth ratio of 2.64 and a beta of 1.33. MSCI Inc has a fifty-two week low of $486.73 and a fifty-two week high of $642.45. The company’s 50-day moving average is $561.09 and its 200 day moving average is $559.39.
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.
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