Arkadios Wealth Advisors Acquires Shares of 383 MSCI Inc. (NYSE:MSCI)

Arkadios Wealth Advisors bought a new position in MSCI Inc. (NYSE:MSCI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 383 shares of the technology company’s stock, valued at approximately $230,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. HWG Holdings LP acquired a new position in shares of MSCI in the 2nd quarter valued at about $27,000. LRI Investments LLC lifted its holdings in MSCI by 120.0% in the third quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after acquiring an additional 24 shares during the last quarter. True Wealth Design LLC acquired a new position in MSCI in the third quarter valued at approximately $38,000. Ashton Thomas Securities LLC bought a new position in shares of MSCI during the third quarter valued at approximately $40,000. Finally, Planning Capital Management Corp raised its position in shares of MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MSCI. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a research report on Wednesday, October 9th. UBS Group reduced their price target on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Morgan Stanley lifted their price objective on shares of MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Evercore ISI began coverage on shares of MSCI in a research report on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 target price for the company. Finally, Wells Fargo & Company lifted their price target on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $649.85.

Insiders Place Their Bets

In other MSCI news, CEO Henry A. Fernandez bought 2,900 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the transaction, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.20% of the company’s stock.

MSCI Price Performance

Shares of MSCI opened at $614.58 on Friday. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45. The company has a 50-day moving average of $604.61 and a two-hundred day moving average of $577.21. The stock has a market cap of $48.16 billion, a price-to-earnings ratio of 40.35, a PEG ratio of 2.80 and a beta of 1.11.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share for the quarter, beating the consensus estimate of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The firm had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. During the same period in the previous year, the firm earned $3.45 earnings per share. MSCI’s quarterly revenue was up 15.9% on a year-over-year basis. Analysts anticipate that MSCI Inc. will post 14.98 earnings per share for the current year.

MSCI Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $1.60 dividend. The ex-dividend date was Friday, November 15th. This represents a $6.40 annualized dividend and a yield of 1.04%. MSCI’s dividend payout ratio is presently 42.02%.

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.