Msci (NYSE:MSCI) had its price objective boosted by Morgan Stanley from $216.00 to $223.00 in a report released on Thursday morning, BenzingaRatingsTable reports. They currently have an equal weight rating on the technology company’s stock.
MSCI has been the subject of a number of other reports. UBS Group boosted their target price on shares of Msci to $234.00 and gave the company a buy rating in a research note on Monday, April 8th. Macquarie set a $188.00 target price on shares of Msci and gave the company a hold rating in a research note on Friday, March 1st. Zacks Investment Research raised shares of Msci from a hold rating to a buy rating and set a $207.00 target price for the company in a research note on Wednesday, March 13th. Cantor Fitzgerald boosted their target price on shares of Msci from $188.00 to $247.00 in a research note on Friday, May 3rd. Finally, Barclays reissued a buy rating and set a $240.00 target price on shares of Msci in a research note on Sunday, May 5th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Msci has a consensus rating of Buy and a consensus price target of $210.00.
MSCI stock opened at $234.82 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 6.80. Msci has a twelve month low of $134.28 and a twelve month high of $246.07. The firm has a market cap of $19.89 billion, a price-to-earnings ratio of 43.89, a PEG ratio of 3.72 and a beta of 1.15.
Msci (NYSE:MSCI) last posted its quarterly earnings data on Thursday, May 2nd. The technology company reported $1.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.40 by $0.15. Msci had a net margin of 39.27% and a return on equity of 813.48%. The business had revenue of $371.38 million for the quarter, compared to analysts’ expectations of $371.48 million. During the same quarter in the previous year, the business posted $1.31 earnings per share. The business’s revenue was up 5.8% compared to the same quarter last year. As a group, analysts anticipate that Msci will post 6.32 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Thursday, May 16th. Msci’s dividend payout ratio (DPR) is presently 43.36%.
A number of large investors have recently added to or reduced their stakes in MSCI. Norges Bank acquired a new position in shares of Msci during the fourth quarter valued at about $138,000,000. JPMorgan Chase & Co. lifted its position in shares of Msci by 223.4% during the 1st quarter. JPMorgan Chase & Co. now owns 728,117 shares of the technology company’s stock valued at $144,779,000 after buying an additional 502,999 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Msci by 22.5% during the 1st quarter. American Century Companies Inc. now owns 1,979,124 shares of the technology company’s stock valued at $393,529,000 after buying an additional 363,875 shares in the last quarter. DSM Capital Partners LLC lifted its position in shares of Msci by 24.6% during the 4th quarter. DSM Capital Partners LLC now owns 1,252,070 shares of the technology company’s stock valued at $184,593,000 after buying an additional 247,304 shares in the last quarter. Finally, Pennsylvania Trust Co lifted its position in shares of Msci by 658.4% during the 1st quarter. Pennsylvania Trust Co now owns 251,635 shares of the technology company’s stock valued at $30,833,000 after buying an additional 218,456 shares in the last quarter. 91.80% of the stock is owned by institutional investors.
Msci Company Profile
MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use 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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