Jaffetilchin Investment Partners LLC acquired a new stake in shares of Msci Inc (NYSE:MSCI) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 3,527 shares of the technology company’s stock, valued at approximately $446,000.
Several other hedge funds also recently bought and sold shares of MSCI. Dupont Capital Management Corp purchased a new position in Msci in the 3rd quarter worth approximately $105,000. Toronto Dominion Bank increased its stake in Msci by 13.7% in the 2nd quarter. Toronto Dominion Bank now owns 1,113 shares of the technology company’s stock worth $115,000 after acquiring an additional 134 shares during the last quarter. Tocqueville Asset Management L.P. bought a new stake in Msci in the 3rd quarter worth approximately $201,000. Fishman Jay A Ltd. MI bought a new stake in Msci in the 3rd quarter worth approximately $219,000. Finally, Vident Investment Advisory LLC bought a new stake in Msci in the 3rd quarter worth approximately $229,000. 92.93% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Msci Inc (NYSE:MSCI) traded down $3.79 during mid-day trading on Friday, hitting $142.53. The company’s stock had a trading volume of 749,882 shares, compared to its average volume of 413,526. Msci Inc has a twelve month low of $89.97 and a twelve month high of $149.15. The stock has a market cap of $12,840.00, a PE ratio of 43.06, a price-to-earnings-growth ratio of 3.02 and a beta of 0.90. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 5.77.
Msci (NYSE:MSCI) last issued its earnings results on Thursday, February 1st. The technology company reported $1.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.16. The business had revenue of $334.80 million during the quarter, compared to analysts’ expectations of $333.68 million. Msci had a return on equity of 116.05% and a net margin of 23.86%. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.81 EPS. analysts forecast that Msci Inc will post 4.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, February 16th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Thursday, February 15th. Msci’s dividend payout ratio (DPR) is currently 45.92%.
Several research firms have recently weighed in on MSCI. Morgan Stanley boosted their target price on Msci from $125.00 to $129.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. BidaskClub cut Msci from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 1st. Cantor Fitzgerald restated a “buy” rating and set a $126.00 price objective on shares of Msci in a report on Thursday, November 2nd. Credit Suisse Group boosted their price objective on Msci from $120.00 to $141.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Finally, UBS Group boosted their price objective on Msci from $125.00 to $141.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $145.50.
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MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
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