Investidor Profissional Gestao de Recursos Ltda. Invests $2.48 Million in MSCI Inc. (NYSE:MSCI)

Investidor Profissional Gestao de Recursos Ltda. purchased a new stake in shares of MSCI Inc. (NYSE:MSCI) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,142 shares of the technology company’s stock, valued at approximately $2,477,000. MSCI makes up 1.1% of Investidor Profissional Gestao de Recursos Ltda.’s portfolio, making the stock its 12th biggest position.

A number of other large investors also recently bought and sold shares of MSCI. Rise Advisors LLC acquired a new position in shares of MSCI in the 1st quarter valued at $26,000. Rothschild Investment LLC acquired a new position in shares of MSCI in the second quarter worth about $26,000. Crewe Advisors LLC purchased a new stake in shares of MSCI during the 1st quarter worth about $34,000. Ridgewood Investments LLC acquired a new stake in shares of MSCI during the 2nd quarter valued at about $40,000. Finally, Carolinas Wealth Consulting LLC increased its stake in shares of MSCI by 36.1% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 98 shares of the technology company’s stock valued at $55,000 after purchasing an additional 26 shares in the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.

MSCI Stock Performance

NYSE MSCI opened at $551.41 on Friday. MSCI Inc. has a fifty-two week low of $439.95 and a fifty-two week high of $617.39. The firm has a market capitalization of $43.68 billion, a P/E ratio of 37.64, a price-to-earnings-growth ratio of 3.06 and a beta of 1.11. The stock’s fifty day moving average is $548.98 and its two-hundred day moving average is $521.88.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (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 firm had revenue of $707.90 million during the quarter, compared to analyst estimates of $696.41 million. During the same quarter in the prior year, the firm posted $3.26 earnings per share. MSCI’s quarterly revenue was up 14.0% on a year-over-year basis. As a group, sell-side analysts forecast that MSCI Inc. will post 14.79 EPS for the current year.

MSCI Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group increased their target price on MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 target price on shares of MSCI in a research report on Wednesday, July 24th. Morgan Stanley boosted their target price on shares of MSCI from $615.00 to $640.00 and gave the stock 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. Finally, Barclays increased their target price on MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, MSCI currently has a consensus rating of “Moderate Buy” and an average price target of $591.00.

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.