Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of Msci Inc (NYSE:MSCI) by 1.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,421 shares of the technology company’s stock after selling 261 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Msci were worth $5,354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Msci by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 553,440 shares of the technology company’s stock valued at $81,591,000 after buying an additional 12,563 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Msci by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 1,158,543 shares of the technology company’s stock valued at $170,508,000 after buying an additional 30,881 shares during the period. Calamos Advisors LLC acquired a new position in shares of Msci in the 1st quarter valued at about $204,000. Valeo Financial Advisors LLC lifted its holdings in shares of Msci by 12.3% in the 1st quarter. Valeo Financial Advisors LLC now owns 531 shares of the technology company’s stock valued at $106,000 after buying an additional 58 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Msci in the 1st quarter valued at about $734,000. 92.13% of the stock is owned by institutional investors and hedge funds.

NYSE MSCI traded down $5.32 during trading hours on Wednesday, reaching $220.99. The company’s stock had a trading volume of 2,558 shares, compared to its average volume of 584,136. The stock has a market capitalization of $19.17 billion, a price-to-earnings ratio of 41.27, a price-to-earnings-growth ratio of 3.55 and a beta of 1.12. Msci Inc has a 1-year low of $134.28 and a 1-year high of $247.57. The firm has a 50-day moving average price of $234.27.

Msci (NYSE:MSCI) last released its quarterly earnings results on Thursday, August 1st. The technology company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.03. The company had revenue of $385.56 million during the quarter, compared to analysts’ expectations of $382.81 million. Msci had a negative return on equity of 599.92% and a net margin of 39.27%. Msci’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.30 EPS. As a group, analysts anticipate that Msci Inc will post 6.31 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be issued a $0.68 dividend. This is a boost from Msci’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $2.72 dividend on an annualized basis and a yield of 1.23%. Msci’s dividend payout ratio is presently 43.36%.

MSCI has been the subject of several analyst reports. UBS Group cut Msci from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $234.00 to $258.00 in a report on Monday, July 8th. Morgan Stanley upped their price target on Msci from $223.00 to $240.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th. TheStreet cut Msci from a “b” rating to a “c+” rating in a report on Tuesday, August 6th. Cantor Fitzgerald upped their price target on Msci from $188.00 to $247.00 in a report on Friday, May 3rd. Finally, Barclays reaffirmed a “buy” rating and issued a $240.00 price target on shares of Msci in a report on Sunday, May 5th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Msci presently has a consensus rating of “Buy” and a consensus target price of $217.63.

Msci Company Profile

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use 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.

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Institutional Ownership by Quarter for Msci (NYSE:MSCI)

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