Park National Corp OH continued to hold its position in Msci Inc (NYSE:MSCI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,600 shares of the technology company’s stock at the end of the first quarter. Park National Corp OH’s holdings in Msci were worth $350,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of MSCI. Morgan Stanley raised its position in Msci by 48.6% in the third quarter. Morgan Stanley now owns 2,858,183 shares of the technology company’s stock valued at $239,915,000 after buying an additional 935,069 shares during the period. Norges Bank acquired a new stake in shares of Msci during the fourth quarter worth $70,214,000. Russell Investments Group Ltd. acquired a new stake in shares of Msci during the fourth quarter worth $45,885,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of Msci during the fourth quarter worth $42,915,000. Finally, BlackRock Fund Advisors raised its stake in shares of Msci by 11.7% in the third quarter. BlackRock Fund Advisors now owns 3,564,649 shares of the technology company’s stock worth $299,217,000 after buying an additional 372,995 shares during the last quarter. Institutional investors own 99.15% of the company’s stock.
Shares of Msci Inc (NYSE:MSCI) opened at 98.73 on Friday. Msci Inc has a 52 week low of $71.51 and a 52 week high of $109.29. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 36.57 and a beta of 1.01. The stock’s 50 day moving average price is $96.72 and its 200-day moving average price is $86.67.
Msci (NYSE:MSCI) last issued its quarterly earnings data on Thursday, February 2nd. The technology company reported $0.81 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.06. Msci had a return on equity of 51.47% and a net margin of 22.67%. The company earned $292.81 million during the quarter, compared to analysts’ expectations of $291 million. During the same quarter in the previous year, the business earned $0.66 earnings per share. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Equities analysts anticipate that Msci Inc will post $3.60 earnings per share for the current fiscal year.
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Separately, Zacks Investment Research lowered Msci from a “buy” rating to a “hold” rating in a research note on Thursday, April 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $88.40.
In other news, insider Scott A. Crum sold 1,700 shares of the company’s stock in a transaction that occurred on Tuesday, February 14th. The stock was sold at an average price of $95.84, for a total transaction of $162,928.00. Following the completion of the sale, the insider now owns 12,485 shares in the company, valued at $1,196,562.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Diana H. Tidd sold 3,700 shares of the company’s stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $93.95, for a total value of $347,615.00. Following the sale, the insider now owns 7,344 shares of the company’s stock, valued at approximately $689,968.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,649 shares of company stock valued at $2,120,891. 2.07% of the stock is owned by company insiders.
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.
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