DJE Kapital AG Acquires New Position in MSCI Inc. (NYSE:MSCI)

DJE Kapital AG purchased a new position in shares of MSCI Inc. (NYSE:MSCI) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 7,100 shares of the technology company’s stock, valued at approximately $4,239,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. LRI Investments LLC grew its position in MSCI by 120.0% during the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after acquiring an additional 24 shares during the last quarter. True Wealth Design LLC bought a new position in MSCI during the 3rd quarter worth approximately $38,000. Ashton Thomas Securities LLC bought a new position in MSCI during the 3rd quarter worth approximately $40,000. Compagnie Lombard Odier SCmA bought a new position in MSCI during the 4th quarter worth approximately $41,000. Finally, Planning Capital Management Corp grew its position in MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after acquiring an additional 20 shares during the last quarter. 89.97% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MSCI

In related news, CEO Henry A. Fernandez acquired 5,300 shares of the stock in a transaction on Monday, February 24th. The stock was acquired at an average price of $574.51 per share, for a total transaction of $3,044,903.00. Following the completion of the purchase, the chief executive officer now owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. This represents a 0.42 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.20% of the stock is owned by company insiders.

MSCI Stock Up 1.5 %

NYSE MSCI opened at $590.15 on Monday. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The firm has a market capitalization of $45.83 billion, a PE ratio of 41.97, a P/E/G ratio of 2.61 and a beta of 1.11. The stock’s 50 day moving average is $593.74 and its 200 day moving average is $589.88.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same quarter last year, the firm earned $3.68 EPS. On average, research analysts anticipate that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $1.80 per share. This is a boost from MSCI’s previous quarterly dividend of $1.60. The ex-dividend date was Friday, February 14th. This represents a $7.20 dividend on an annualized basis and a yield of 1.22%. MSCI’s payout ratio is presently 51.21%.

Analyst Ratings Changes

Several equities analysts recently issued reports on MSCI shares. Barclays reduced their price target on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. cut their price objective on MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Royal Bank of Canada reiterated an “outperform” rating and issued a $675.00 price objective on shares of MSCI in a research report on Thursday, January 30th. Finally, Morgan Stanley lifted their price objective on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, MSCI has an average rating of “Moderate Buy” and an average price target of $649.23.

About MSCI

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.