MSCI Inc. (NYSE:MSCI) Stock Holdings Decreased by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC decreased its stake in shares of MSCI Inc. (NYSE:MSCI) by 22.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,615 shares of the technology company’s stock after selling 1,585 shares during the period. MSCI comprises about 1.5% of Sustainable Insight Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. Sustainable Insight Capital Management LLC’s holdings in MSCI were worth $3,273,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MSCI. State Board of Administration of Florida Retirement System increased its stake in MSCI by 9.6% during the first quarter. State Board of Administration of Florida Retirement System now owns 88,097 shares of the technology company’s stock valued at $49,307,000 after purchasing an additional 7,718 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of MSCI in the 2nd quarter valued at about $91,748,000. Grove Bank & Trust grew its position in shares of MSCI by 52.4% during the 3rd quarter. Grove Bank & Trust now owns 3,779 shares of the technology company’s stock valued at $2,203,000 after buying an additional 1,299 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in MSCI by 313.9% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 30,456 shares of the technology company’s stock worth $17,069,000 after acquiring an additional 23,097 shares during the period. Finally, LBP AM SA bought a new position in MSCI in the first quarter worth about $778,000. 89.97% of the stock is currently owned by institutional investors and hedge funds.

MSCI Price Performance

NYSE MSCI opened at $594.00 on Friday. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $631.70. The firm has a market capitalization of $46.55 billion, a PE ratio of 39.00, a P/E/G ratio of 2.99 and a beta of 1.11. The company’s 50 day simple moving average is $580.58 and its 200 day simple moving average is $532.62.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company had revenue of $724.70 million for the quarter, compared to analysts’ expectations of $716.15 million. During the same period last year, the firm earned $3.45 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. Sell-side analysts anticipate that MSCI Inc. will post 14.98 earnings per share for the current fiscal year.

MSCI Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, November 15th. MSCI’s dividend payout ratio (DPR) is presently 42.02%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSCI. Evercore ISI assumed coverage on MSCI in a report on Wednesday, October 2nd. They set an “outperform” rating and a $690.00 target price for the company. Barclays upped their price objective on MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Wells Fargo & Company raised their target price on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. The Goldman Sachs Group upped their price target on shares of MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Finally, Morgan Stanley lifted their price objective on shares of MSCI from $640.00 to $662.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, MSCI currently has an average rating of “Moderate Buy” and an average price target of $631.83.

MSCI 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.