Global Retirement Partners LLC Sells 18 Shares of MSCI Inc. (NYSE:MSCI)

Global Retirement Partners LLC trimmed its position in shares of MSCI Inc. (NYSE:MSCI) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 117 shares of the technology company’s stock after selling 18 shares during the quarter. Global Retirement Partners LLC’s holdings in MSCI were worth $70,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. LRI Investments LLC boosted its position in MSCI by 120.0% during the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after acquiring an additional 24 shares in the last quarter. True Wealth Design LLC purchased a new position in shares of MSCI during the third quarter valued at approximately $38,000. Ashton Thomas Securities LLC purchased a new position in shares of MSCI during the third quarter valued at approximately $40,000. Compagnie Lombard Odier SCmA purchased a new position in shares of MSCI during the fourth quarter valued at approximately $41,000. Finally, Planning Capital Management Corp lifted its holdings in shares of MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares during the last quarter. 89.97% of the stock is owned by institutional investors.

Insider Buying and Selling at MSCI

In other MSCI news, CEO Henry A. Fernandez acquired 2,900 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the transaction, the chief executive officer now directly owns 330,379 shares in the company, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.20% of the company’s stock.

MSCI Trading Up 1.5 %

Shares of MSCI opened at $590.15 on Friday. The firm has a market cap of $45.83 billion, a PE ratio of 41.97, a P/E/G ratio of 2.61 and a beta of 1.11. The firm has a fifty day simple moving average of $593.74 and a two-hundred day simple moving average of $589.33. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45.

MSCI (NYSE:MSCI) last announced its earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.96 by $0.22. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. During the same quarter last year, the firm posted $3.68 earnings per share. As a group, research analysts forecast that MSCI Inc. will post 16.86 EPS for the current fiscal year.

MSCI Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $1.80 per share. The ex-dividend date was Friday, February 14th. This is a positive change from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 dividend on an annualized basis and a yield of 1.22%. MSCI’s payout ratio is currently 51.21%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MSCI shares. Barclays lowered their target price on shares of MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Morgan Stanley lifted their target price on shares of MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and set a $675.00 target price on shares of MSCI in a report on Thursday, January 30th. Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. lowered their target price on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, MSCI has a consensus rating of “Moderate Buy” and an average price target of $649.23.

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.