MSCI Inc (NYSE:MSCI) Given Average Rating of “Buy” by Analysts

MSCI Inc (NYSE:MSCIGet Free Report) has been given a consensus rating of “Buy” by the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $697.00.

A number of brokerages recently weighed in on MSCI. Raymond James Financial restated a “strong-buy” rating and set a $730.00 price objective on shares of MSCI in a research report on Tuesday, April 21st. Royal Bank Of Canada restated an “outperform” rating and set a $655.00 price objective on shares of MSCI in a research report on Wednesday, April 22nd. Wells Fargo & Company upgraded shares of MSCI from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $650.00 to $700.00 in a research report on Wednesday, May 27th. Morgan Stanley increased their price objective on shares of MSCI from $719.00 to $727.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Finally, UBS Group increased their price objective on shares of MSCI from $710.00 to $720.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd.

Read Our Latest Research Report on MSCI

Insider Buying and Selling

In other MSCI news, insider Alvise J. Munari sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $592.04, for a total transaction of $5,920,400.00. Following the completion of the sale, the insider directly owned 23,548 shares of the company’s stock, valued at approximately $13,941,357.92. This represents a 29.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.76% of the company’s stock.

Institutional Trading of MSCI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MSCI. Aviso Financial Inc. lifted its holdings in shares of MSCI by 2.0% during the third quarter. Aviso Financial Inc. now owns 859 shares of the technology company’s stock valued at $487,000 after purchasing an additional 17 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of MSCI by 4.7% during the fourth quarter. Venturi Wealth Management LLC now owns 375 shares of the technology company’s stock valued at $215,000 after purchasing an additional 17 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of MSCI by 3.1% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 568 shares of the technology company’s stock valued at $326,000 after purchasing an additional 17 shares during the last quarter. Keel Point LLC lifted its holdings in shares of MSCI by 3.0% during the third quarter. Keel Point LLC now owns 622 shares of the technology company’s stock valued at $353,000 after purchasing an additional 18 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of MSCI by 1.7% during the fourth quarter. Allworth Financial LP now owns 1,074 shares of the technology company’s stock valued at $616,000 after purchasing an additional 18 shares during the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

MSCI Stock Up 0.1%

Shares of MSCI stock opened at $581.69 on Friday. The company has a market cap of $42.35 billion, a price-to-earnings ratio of 33.22, a price-to-earnings-growth ratio of 2.19 and a beta of 1.24. The company’s 50 day moving average is $589.76 and its 200 day moving average is $571.58. MSCI has a twelve month low of $501.08 and a twelve month high of $644.68.

MSCI (NYSE:MSCIGet Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 earnings per share for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. The company had revenue of $850.80 million for the quarter, compared to the consensus estimate of $830.91 million. MSCI had a net margin of 40.74% and a negative return on equity of 65.48%. The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.00 earnings per share. Sell-side analysts expect that MSCI will post 19.62 EPS for the current fiscal year.

MSCI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 15th. MSCI’s dividend payout ratio is currently 46.83%.

Key MSCI News

Here are the key news stories impacting MSCI this week:

MSCI Company Profile

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MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.

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Analyst Recommendations for MSCI (NYSE:MSCI)

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