Columbus Circle Investors Sells 2,605 Shares of Msci Inc (MSCI)

Columbus Circle Investors decreased its stake in Msci Inc (NYSE:MSCI) by 6.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,203 shares of the technology company’s stock after selling 2,605 shares during the period. Columbus Circle Investors’ holdings in Msci were worth $7,132,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of MSCI. FMR LLC increased its stake in shares of Msci by 12.6% in the second quarter. FMR LLC now owns 8,714,865 shares of the technology company’s stock valued at $1,441,701,000 after buying an additional 976,018 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of Msci by 722.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,068,039 shares of the technology company’s stock valued at $176,685,000 after buying an additional 938,236 shares during the period. American Century Companies Inc. increased its stake in shares of Msci by 67.8% in the second quarter. American Century Companies Inc. now owns 1,737,968 shares of the technology company’s stock valued at $287,512,000 after buying an additional 702,241 shares during the period. Marshall Wace LLP increased its stake in shares of Msci by 438.0% in the second quarter. Marshall Wace LLP now owns 301,480 shares of the technology company’s stock valued at $49,874,000 after buying an additional 245,441 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in shares of Msci by 44.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 475,279 shares of the technology company’s stock valued at $78,626,000 after buying an additional 145,791 shares during the period. 91.53% of the stock is owned by institutional investors.

Shares of Msci stock opened at $150.38 on Thursday. Msci Inc has a one year low of $115.17 and a one year high of $184.22. The company has a debt-to-equity ratio of 7.43, a quick ratio of 2.65 and a current ratio of 2.65. The stock has a market cap of $12.68 billion, a P/E ratio of 37.78, a price-to-earnings-growth ratio of 2.73 and a beta of 0.88.

Msci (NYSE:MSCI) last announced its earnings results on Thursday, August 2nd. The technology company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.28 by $0.02. Msci had a return on equity of 114.65% and a net margin of 27.83%. The company had revenue of $363.05 million for the quarter, compared to analyst estimates of $356.01 million. During the same quarter in the prior year, the company earned $0.95 EPS. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. Equities research analysts expect that Msci Inc will post 5.24 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on MSCI shares. Zacks Investment Research cut Msci from a “hold” rating to a “sell” rating in a research note on Wednesday, July 4th. Morgan Stanley increased their price target on Msci from $160.00 to $168.00 and gave the company a “$171.53” rating in a research note on Wednesday, July 18th. BMO Capital Markets started coverage on Msci in a research note on Wednesday, July 25th. They issued an “outperform” rating and a $198.00 price target for the company. Cantor Fitzgerald increased their price target on Msci to $192.00 and gave the company an “overweight” rating in a research note on Friday, August 3rd. Finally, Barclays reissued a “hold” rating and issued a $175.00 price target on shares of Msci in a research note on Sunday, August 12th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Msci presently has an average rating of “Buy” and an average price target of $174.75.

Msci 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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