Bryn Mawr Capital Management LLC Purchases 21,671 Shares of MSCI Inc. (NYSE:MSCI)

Bryn Mawr Capital Management LLC lifted its position in shares of MSCI Inc. (NYSE:MSCI) by 1,300.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,337 shares of the technology company’s stock after purchasing an additional 21,671 shares during the period. Bryn Mawr Capital Management LLC’s holdings in MSCI were worth $14,002,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Frank Rimerman Advisors LLC increased its stake in MSCI by 0.9% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 1,968 shares of the technology company’s stock valued at $1,147,000 after buying an additional 17 shares during the last quarter. CWA Asset Management Group LLC increased its position in shares of MSCI by 4.2% during the fourth quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock valued at $251,000 after acquiring an additional 17 shares during the last quarter. Angeles Wealth Management LLC lifted its holdings in MSCI by 3.6% during the fourth quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company’s stock worth $295,000 after acquiring an additional 17 shares during the period. Bleakley Financial Group LLC boosted its position in MSCI by 0.9% in the fourth quarter. Bleakley Financial Group LLC now owns 2,044 shares of the technology company’s stock worth $1,227,000 after purchasing an additional 19 shares during the last quarter. Finally, Planning Capital Management Corp grew its stake in MSCI by 35.1% in the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares during the period. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Morgan Stanley lifted their target price on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Wolfe Research raised shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and increased their target price for the company from $617.00 to $723.00 in a research report on Wednesday, December 18th. JPMorgan Chase & Co. lowered their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Barclays reduced their price objective on MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $649.23.

MSCI Price Performance

MSCI stock opened at $574.18 on Thursday. The firm has a market capitalization of $44.58 billion, a P/E ratio of 40.84, a PEG ratio of 2.60 and a beta of 1.11. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45. The business has a fifty day moving average price of $599.50 and a 200-day moving average price of $587.27.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 in the previous year, the business posted $3.68 EPS. Sell-side analysts expect that MSCI Inc. will post 16.86 earnings per share for the current fiscal year.

MSCI Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $1.80 per share. The ex-dividend date is Friday, February 14th. This represents a $7.20 annualized dividend and a yield of 1.25%. This is a boost from MSCI’s previous quarterly dividend of $1.60. MSCI’s payout ratio is currently 51.21%.

Insider Buying and Selling

In other MSCI news, CEO Henry A. Fernandez acquired 2,900 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the purchase, the chief executive officer now owns 330,379 shares of the company’s stock, valued at approximately $202,456,251.20. This represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.20% of the stock is currently owned by insiders.

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.