MSCI Inc $MSCI Shares Bought by Brighton Jones LLC

Brighton Jones LLC increased its holdings in shares of MSCI Inc (NYSE:MSCI) by 403.6% in the second quarter, Holdings Channel reports. The firm owned 2,392 shares of the technology company’s stock after acquiring an additional 1,917 shares during the period. Brighton Jones LLC’s holdings in MSCI were worth $1,379,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. grew its position in MSCI by 15.4% in the first quarter. Sunbelt Securities Inc. now owns 142 shares of the technology company’s stock valued at $80,000 after acquiring an additional 19 shares in the last quarter. Quotient Wealth Partners LLC lifted its stake in MSCI by 5.9% during the first quarter. Quotient Wealth Partners LLC now owns 361 shares of the technology company’s stock worth $204,000 after purchasing an additional 20 shares during the last quarter. Gries Financial LLC lifted its stake in MSCI by 1.3% during the second quarter. Gries Financial LLC now owns 1,505 shares of the technology company’s stock worth $868,000 after purchasing an additional 20 shares during the last quarter. Copperwynd Financial LLC lifted its stake in MSCI by 1.1% during the second quarter. Copperwynd Financial LLC now owns 1,793 shares of the technology company’s stock worth $1,034,000 after purchasing an additional 20 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in MSCI by 1.7% in the first quarter. Signaturefd LLC now owns 1,261 shares of the technology company’s stock valued at $713,000 after buying an additional 21 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MSCI shares. UBS Group raised their target price on MSCI from $655.00 to $700.00 and gave the company a “buy” rating in a research note on Tuesday, July 8th. Wells Fargo & Company lowered their target price on MSCI from $578.00 to $533.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 23rd. Evercore ISI lifted their target price on MSCI from $588.00 to $611.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Seaport Res Ptn upgraded MSCI to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Raymond James Financial upgraded MSCI from a “market perform” rating to an “outperform” rating and set a $650.00 price target for the company in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, MSCI currently has an average rating of “Moderate Buy” and an average target price of $647.70.

MSCI Price Performance

Shares of MSCI stock opened at $546.69 on Tuesday. The firm has a market cap of $42.29 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 2.64 and a beta of 1.33. MSCI Inc has a 52-week low of $486.73 and a 52-week high of $642.45. The stock has a 50-day simple moving average of $560.90 and a 200-day simple moving average of $559.36.

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.