XTX Topco Ltd Makes New $1.15 Million Investment in MSCI Inc. (NYSE:MSCI)

XTX Topco Ltd bought a new stake in MSCI Inc. (NYSE:MSCI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,381 shares of the technology company’s stock, valued at approximately $1,147,000.

A number of other hedge funds have also recently modified their holdings of MSCI. Gilbert & Cook Inc. boosted its stake in MSCI by 17.7% in the fourth quarter. Gilbert & Cook Inc. now owns 672 shares of the technology company’s stock valued at $380,000 after acquiring an additional 101 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of MSCI by 20.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,838 shares of the technology company’s stock valued at $2,171,000 after purchasing an additional 662 shares during the period. Thoroughbred Financial Services LLC purchased a new position in MSCI during the 4th quarter worth approximately $200,000. Wells Fargo & Company MN increased its position in MSCI by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 99,954 shares of the technology company’s stock worth $56,539,000 after buying an additional 2,847 shares during the period. Finally, Clearbridge Investments LLC raised its position in MSCI by 3.4% in the 4th quarter. Clearbridge Investments LLC now owns 7,054 shares of the technology company’s stock valued at $3,990,000 after purchasing an additional 235 shares during the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

MSCI Stock Performance

MSCI stock opened at $551.41 on Friday. The company has a market cap of $43.68 billion, a P/E ratio of 37.64, a price-to-earnings-growth ratio of 3.06 and a beta of 1.11. MSCI Inc. has a one year low of $439.95 and a one year high of $617.39. The business has a fifty day moving average of $548.98 and a two-hundred day moving average of $521.88.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, topping analysts’ consensus estimates of $3.55 by $0.09. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The firm had revenue of $707.90 million for the quarter, compared to the consensus estimate of $696.41 million. During the same quarter in the previous year, the firm earned $3.26 earnings per share. The firm’s revenue was up 14.0% on a year-over-year basis. Sell-side analysts predict that MSCI Inc. will post 14.79 EPS for the current year.

MSCI Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Friday, August 16th. MSCI’s payout ratio is currently 43.69%.

Analyst Ratings Changes

A number of research analysts have commented on MSCI shares. Barclays lifted their price objective on shares of MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. The Goldman Sachs Group boosted their price target on MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. UBS Group upped their price objective on MSCI from $575.00 to $585.00 and gave the company a “buy” rating in a research note on Tuesday, July 9th. Morgan Stanley lifted their target price on MSCI from $615.00 to $640.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Finally, Wells Fargo & Company upgraded MSCI to a “hold” rating in a research note on Tuesday, August 13th. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $591.00.

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.