B & T Capital Management DBA Alpha Capital Management Grows Stock Position in MSCI Inc. (NYSE:MSCI)

B & T Capital Management DBA Alpha Capital Management boosted its holdings in MSCI Inc. (NYSE:MSCI) by 1.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,212 shares of the technology company’s stock after acquiring an additional 112 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in MSCI were worth $4,204,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC purchased a new stake in shares of MSCI in the first quarter valued at about $26,000. Rothschild Investment LLC acquired a new stake in MSCI in the second quarter valued at $26,000. HWG Holdings LP bought a new stake in shares of MSCI in the 2nd quarter worth about $27,000. Crewe Advisors LLC bought a new position in MSCI during the 1st quarter worth approximately $34,000. Finally, Ridgewood Investments LLC bought a new position in shares of MSCI in the 2nd quarter worth about $40,000. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

MSCI Stock Performance

Shares of MSCI traded down $0.80 during trading hours on Thursday, hitting $603.63. The company had a trading volume of 67,284 shares, compared to its average volume of 548,040. MSCI Inc. has a 52-week low of $439.95 and a 52-week high of $617.39. The stock has a market capitalization of $47.82 billion, a price-to-earnings ratio of 41.28, a P/E/G ratio of 2.98 and a beta of 1.11. The firm has a fifty day moving average price of $563.72 and a 200-day moving average price of $523.87.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, July 23rd. The technology company reported $3.64 EPS for the quarter, beating the consensus estimate of $3.55 by $0.09. The firm 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%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.26 EPS. Research analysts anticipate that MSCI Inc. will post 14.79 earnings per share for the current fiscal year.

MSCI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a dividend of $1.60 per share. The ex-dividend date was Friday, August 16th. This represents a $6.40 annualized dividend and a yield of 1.06%. MSCI’s payout ratio is 43.69%.

Analyst Ratings Changes

Several research analysts have recently issued reports on MSCI shares. Argus increased their price target on MSCI from $520.00 to $600.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. UBS Group upped their price target on MSCI from $575.00 to $585.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th. Redburn Atlantic raised shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 target price for the company in a research report on Wednesday. The Goldman Sachs Group boosted their price objective on MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Finally, Morgan Stanley boosted their price target on MSCI from $615.00 to $640.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, MSCI presently has an average rating of “Moderate Buy” and an average target price of $612.00.

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.