Czech National Bank Has $9.34 Million Stock Holdings in MSCI Inc. (NYSE:MSCI)

Czech National Bank increased its position in shares of MSCI Inc. (NYSE:MSCI) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,021 shares of the technology company’s stock after acquiring an additional 925 shares during the quarter. Czech National Bank’s holdings in MSCI were worth $9,339,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Rise Advisors LLC acquired a new position in MSCI in the first quarter valued at about $26,000. Rothschild Investment LLC acquired a new position in MSCI in the second quarter valued at about $26,000. HWG Holdings LP acquired a new position in MSCI in the second quarter valued at about $27,000. Crewe Advisors LLC acquired a new position in MSCI in the first quarter valued at about $34,000. Finally, Ridgewood Investments LLC acquired a new position in MSCI in the second quarter valued at about $40,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MSCI. Morgan Stanley increased their target price on MSCI from $615.00 to $640.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Wells Fargo & Company upgraded MSCI to a “hold” rating in a report on Tuesday, August 13th. Royal Bank of Canada restated an “outperform” rating and issued a $638.00 price target on shares of MSCI in a report on Wednesday, July 24th. Barclays increased their price target on MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Finally, UBS Group increased their price target on MSCI from $575.00 to $585.00 and gave the stock a “buy” rating in a report on Tuesday, July 9th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, MSCI has a consensus rating of “Moderate Buy” and a consensus price target of $598.07.

MSCI Trading Up 0.2 %

Shares of NYSE:MSCI traded up $1.41 during trading on Friday, hitting $589.72. 436,073 shares of the company were exchanged, compared to its average volume of 553,005. The stock has a market cap of $46.72 billion, a price-to-earnings ratio of 40.25, a P/E/G ratio of 2.98 and a beta of 1.11. MSCI Inc. has a fifty-two week low of $439.95 and a fifty-two week high of $617.39. The firm has a fifty day moving average price of $560.60 and a two-hundred day moving average price of $523.38.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, beating analysts’ consensus estimates of $3.55 by $0.09. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The company had revenue of $707.90 million during the quarter, compared to the consensus estimate of $696.41 million. During the same quarter last year, the firm posted $3.26 EPS. The company’s quarterly revenue was up 14.0% on a year-over-year basis. As a group, research analysts predict that MSCI Inc. will post 14.79 EPS for the current year.

MSCI Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Friday, August 16th. MSCI’s dividend payout ratio is currently 43.69%.

MSCI 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.