LVW Advisors LLC Purchases 195 Shares of MSCI Inc. (NYSE:MSCI)

LVW Advisors LLC increased its position in MSCI Inc. (NYSE:MSCI) by 12.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,808 shares of the technology company’s stock after purchasing an additional 195 shares during the period. LVW Advisors LLC’s holdings in MSCI were worth $1,013,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Norges Bank purchased a new stake in MSCI during the fourth quarter valued at about $496,541,000. Impax Asset Management Group plc boosted its position in MSCI by 803.9% in the fourth quarter. Impax Asset Management Group plc now owns 587,978 shares of the technology company’s stock worth $331,906,000 after purchasing an additional 522,926 shares during the last quarter. Public Employees Retirement Association of Colorado grew its stake in shares of MSCI by 3,600.0% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 253,636 shares of the technology company’s stock valued at $143,469,000 after purchasing an additional 246,781 shares during the period. American Century Companies Inc. increased its position in shares of MSCI by 32.5% during the 3rd quarter. American Century Companies Inc. now owns 959,894 shares of the technology company’s stock valued at $492,502,000 after purchasing an additional 235,290 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of MSCI by 14.0% in the 3rd quarter. Wellington Management Group LLP now owns 1,460,634 shares of the technology company’s stock worth $749,422,000 after purchasing an additional 179,508 shares during the period. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Buying and Selling

In other news, insider Scott A. Crum sold 9,000 shares of the stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $471.69, for a total value of $4,245,210.00. Following the sale, the insider now directly owns 12,831 shares in the company, valued at $6,052,254.39. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Scott A. Crum sold 9,000 shares of MSCI stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $471.69, for a total transaction of $4,245,210.00. Following the completion of the sale, the insider now owns 12,831 shares of the company’s stock, valued at $6,052,254.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Cd Baer Pettit acquired 7,500 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The stock was purchased at an average cost of $459.41 per share, for a total transaction of $3,445,575.00. Following the purchase, the chief operating officer now owns 291,038 shares of the company’s stock, valued at $133,705,767.58. The disclosure for this purchase can be found here. 3.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on MSCI. Deutsche Bank Aktiengesellschaft raised shares of MSCI from a “hold” rating to a “buy” rating and reduced their target price for the company from $613.00 to $569.00 in a report on Wednesday, April 24th. UBS Group decreased their target price on MSCI from $700.00 to $575.00 and set a “buy” rating on the stock in a report on Wednesday, April 24th. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $485.00 price target for the company in a report on Monday, May 13th. Wolfe Research initiated coverage on MSCI in a research note on Tuesday, March 26th. They issued a “peer perform” rating on the stock. Finally, Morgan Stanley cut their price objective on MSCI from $671.00 to $615.00 and set an “overweight” rating for the company in a research note on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $570.53.

MSCI Trading Down 1.0 %

Shares of NYSE MSCI opened at $481.75 on Monday. The stock has a market capitalization of $38.16 billion, a price-to-earnings ratio of 32.88, a P/E/G ratio of 2.49 and a beta of 1.10. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $617.39. The firm’s 50-day moving average price is $485.29 and its 200-day moving average price is $530.92.

MSCI (NYSE:MSCI) last announced its earnings results on Tuesday, April 23rd. The technology company reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.08. MSCI had a negative return on equity of 121.86% and a net margin of 44.55%. The firm had revenue of $680.00 million during the quarter, compared to analysts’ expectations of $685.47 million. During the same quarter in the previous year, the business earned $3.14 EPS. The company’s quarterly revenue was up 14.8% on a year-over-year basis. On average, equities analysts predict that MSCI Inc. will post 14.66 EPS for the current fiscal year.

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were issued a $1.60 dividend. The ex-dividend date was Thursday, May 16th. This represents a $6.40 annualized dividend and a dividend yield of 1.33%. MSCI’s dividend payout ratio (DPR) is presently 43.69%.

MSCI Company 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.