Ibex Investors LLC Takes $241,000 Position in MSCI Inc. (NYSE:MSCI)

Ibex Investors LLC purchased a new stake in MSCI Inc. (NYSE:MSCI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 500 shares of the technology company’s stock, valued at approximately $241,000. MSCI makes up approximately 0.2% of Ibex Investors LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds also recently made changes to their positions in MSCI. Rise Advisors LLC acquired a new stake in shares of MSCI in the 1st quarter valued at approximately $26,000. Rothschild Investment LLC acquired a new stake in MSCI during the 2nd quarter worth approximately $26,000. Crewe Advisors LLC acquired a new stake in MSCI during the 1st quarter worth approximately $34,000. Ridgewood Investments LLC acquired a new stake in MSCI during the 2nd quarter worth approximately $40,000. Finally, Carolinas Wealth Consulting LLC boosted its position in MSCI by 36.1% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 98 shares of the technology company’s stock worth $55,000 after buying an additional 26 shares during the period. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. The Goldman Sachs Group lifted their target price 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. Wells Fargo & Company upgraded shares of MSCI to a “hold” rating in a research report on Tuesday, August 13th. Morgan Stanley lifted their target price on shares of MSCI from $615.00 to $640.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 24th. UBS Group lifted their target price on shares of MSCI from $575.00 to $585.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th. Finally, Argus raised their price target on shares of MSCI from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Seven equities research 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $591.00.

MSCI Stock Down 0.8 %

NYSE:MSCI opened at $551.71 on Thursday. The company has a fifty day moving average of $546.76 and a 200-day moving average of $521.70. The firm has a market capitalization of $43.71 billion, a P/E ratio of 37.66, a P/E/G ratio of 3.06 and a beta of 1.11. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $617.39.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 earnings per share for the quarter, beating the consensus estimate of $3.55 by $0.09. The company had revenue of $707.90 million during the quarter, compared to analyst estimates of $696.41 million. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. MSCI’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.26 EPS. On average, analysts anticipate that MSCI Inc. will post 14.79 EPS for the current fiscal year.

MSCI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were paid a $1.60 dividend. The ex-dividend date was Friday, August 16th. This represents a $6.40 annualized dividend and a dividend yield of 1.16%. MSCI’s dividend payout ratio is currently 43.69%.

About MSCI

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.