Gateway Investment Advisers LLC Reduces Position in Msci Inc (MSCI)

Gateway Investment Advisers LLC cut its position in shares of Msci Inc (NYSE:MSCI) by 3.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,033 shares of the technology company’s stock after selling 3,430 shares during the quarter. Gateway Investment Advisers LLC owned about 0.10% of Msci worth $17,306,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC boosted its holdings in Msci by 252.9% in the fourth quarter. CWM LLC now owns 247 shares of the technology company’s stock worth $36,000 after acquiring an additional 177 shares in the last quarter. Prime Capital Investment Advisors LLC bought a new stake in Msci in the fourth quarter worth $38,000. Valeo Financial Advisors LLC boosted its holdings in Msci by 865.3% in the fourth quarter. Valeo Financial Advisors LLC now owns 473 shares of the technology company’s stock worth $70,000 after acquiring an additional 424 shares in the last quarter. We Are One Seven LLC bought a new stake in Msci in the fourth quarter worth $76,000. Finally, Meeder Asset Management Inc. bought a new stake in Msci in the fourth quarter worth $92,000. Institutional investors own 93.54% of the company’s stock.

Several research firms have commented on MSCI. UBS Group boosted their target price on Msci to $234.00 and gave the stock a “buy” rating in a report on Monday. Macquarie set a $188.00 target price on Msci and gave the stock a “hold” rating in a report on Friday, March 1st. Morgan Stanley set a $184.00 target price on Msci and gave the stock a “hold” rating in a report on Friday, March 1st. Zacks Investment Research raised Msci from a “hold” rating to a “buy” rating and set a $207.00 target price on the stock in a report on Wednesday, March 13th. Finally, BMO Capital Markets set a $190.00 price target on Msci and gave the stock a “buy” rating in a research note on Saturday, February 2nd. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $190.78.

MSCI stock opened at $214.61 on Thursday. Msci Inc has a 1-year low of $134.28 and a 1-year high of $215.55. The company has a debt-to-equity ratio of 6.80, a current ratio of 1.77 and a quick ratio of 1.77. The firm has a market capitalization of $17.94 billion, a PE ratio of 40.21, a price-to-earnings-growth ratio of 3.49 and a beta of 1.16.

Msci (NYSE:MSCI) last posted its quarterly earnings results on Thursday, January 31st. The technology company reported $1.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.30 by $0.01. Msci had a return on equity of 196.12% and a net margin of 35.42%. The firm had revenue of $361.69 million during the quarter, compared to analysts’ expectations of $360.95 million. As a group, research analysts anticipate that Msci Inc will post 6.07 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 22nd were paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend was Thursday, February 21st. Msci’s dividend payout ratio is currently 43.36%.

In other news, insider Scott A. Crum sold 19,000 shares of the business’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $175.14, for a total value of $3,327,660.00. Following the completion of the transaction, the insider now owns 96,999 shares in the company, valued at $16,988,404.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.10% of the stock is owned by insiders.

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About Msci

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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