Sumitomo Mitsui Trust Holdings Inc. raised its position in MSCI Inc (NYSE:MSCI) by 6.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 328,344 shares of the technology company’s stock after buying an additional 21,245 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned about 0.36% of MSCI worth $38,383,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of MSCI. Janus Henderson Group PLC boosted its holdings in shares of MSCI by 41,366.8% during the 2nd quarter. Janus Henderson Group PLC now owns 3,794,624 shares of the technology company’s stock worth $390,808,000 after purchasing an additional 3,785,473 shares during the last quarter. Findlay Park Partners LLP boosted its holdings in shares of MSCI by 89.3% during the 2nd quarter. Findlay Park Partners LLP now owns 1,685,489 shares of the technology company’s stock worth $173,589,000 after purchasing an additional 795,000 shares during the last quarter. Fiera Capital Corp boosted its holdings in shares of MSCI by 11.1% during the 2nd quarter. Fiera Capital Corp now owns 3,750,145 shares of the technology company’s stock worth $386,228,000 after purchasing an additional 375,333 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of MSCI by 64.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 919,364 shares of the technology company’s stock worth $94,685,000 after purchasing an additional 359,892 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado boosted its holdings in shares of MSCI by 1,502.3% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 293,037 shares of the technology company’s stock worth $34,256,000 after purchasing an additional 274,748 shares during the last quarter. Institutional investors own 95.26% of the company’s stock.

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In other news, COO Cd Baer Pettit sold 2,083 shares of MSCI stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $121.26, for a total transaction of $252,584.58. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.26% of the stock is currently owned by insiders.

Several research analysts have recently weighed in on the company. Zacks Investment Research cut MSCI from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. UBS AG boosted their target price on MSCI from $125.00 to $141.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Morgan Stanley boosted their target price on MSCI from $97.00 to $125.00 and gave the stock an “equal weight” rating in a report on Monday, August 7th. Cantor Fitzgerald restated a “buy” rating and set a $126.00 target price on shares of MSCI in a report on Thursday, November 2nd. Finally, BidaskClub cut MSCI from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 1st. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $127.17.

Shares of MSCI Inc (MSCI) opened at $127.50 on Wednesday. The company has a market cap of $11,455.86, a P/E ratio of 34.94, a PEG ratio of 3.33 and a beta of 0.86. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 5.77. MSCI Inc has a 12-month low of $76.52 and a 12-month high of $128.90.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The firm had revenue of $322.10 million for the quarter, compared to analyst estimates of $322.96 million. MSCI had a net margin of 24.97% and a return on equity of 106.15%. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.77 EPS. analysts forecast that MSCI Inc will post 3.82 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Friday, November 17th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, November 16th. MSCI’s payout ratio is presently 45.37%.

MSCI Profile

MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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