Liberty Mutual Group Asset Management Inc. lowered its stake in shares of Msci Inc (NYSE:MSCI) by 24.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,862 shares of the technology company’s stock after selling 7,455 shares during the period. Liberty Mutual Group Asset Management Inc.’s holdings in Msci were worth $2,893,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSCI. Navellier & Associates Inc acquired a new position in shares of Msci in the 4th quarter valued at $377,000. OppenheimerFunds Inc. lifted its stake in shares of Msci by 2.5% in the 4th quarter. OppenheimerFunds Inc. now owns 159,515 shares of the technology company’s stock valued at $20,185,000 after purchasing an additional 3,932 shares during the last quarter. American International Group Inc. lifted its stake in shares of Msci by 1.2% in the 4th quarter. American International Group Inc. now owns 188,949 shares of the technology company’s stock valued at $23,910,000 after purchasing an additional 2,319 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Msci by 6.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 985,738 shares of the technology company’s stock valued at $124,735,000 after purchasing an additional 56,903 shares during the last quarter. Finally, TCW Group Inc. lifted its stake in shares of Msci by 200.0% in the 4th quarter. TCW Group Inc. now owns 31,500 shares of the technology company’s stock valued at $3,986,000 after purchasing an additional 21,000 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors.
Shares of Msci Inc (NYSE:MSCI) opened at $144.99 on Friday. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 5.77. The stock has a market capitalization of $13,059.10, a price-to-earnings ratio of 36.43, a P/E/G ratio of 2.68 and a beta of 0.90. Msci Inc has a 1-year low of $93.71 and a 1-year high of $149.15.
Msci (NYSE:MSCI) last posted its quarterly earnings data on Thursday, February 1st. The technology company reported $1.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.16. The firm had revenue of $334.80 million for the quarter, compared to the consensus estimate of $333.68 million. Msci had a return on equity of 116.05% and a net margin of 23.86%. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 EPS. research analysts forecast that Msci Inc will post 5.41 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, February 16th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.05%. Msci’s dividend payout ratio is presently 45.78%.
Several equities analysts have recently commented on MSCI shares. Cantor Fitzgerald upped their price target on Msci to $163.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. UBS Group upped their price target on Msci from $125.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Morgan Stanley upped their price target on Msci from $129.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, November 3rd. 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, BidaskClub downgraded Msci from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 1st. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $147.33.
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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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