MSCI (MSCI) Scheduled to Post Earnings on Tuesday

MSCI (NYSE:MSCI) will release its earnings data before the market opens on Tuesday, April 23rd. Analysts expect MSCI to post earnings of $3.46 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

MSCI (NYSE:MSCI) last issued its quarterly earnings results on Tuesday, January 30th. The technology company reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.29 by $0.39. MSCI had a negative return on equity of 111.17% and a net margin of 45.42%. The firm had revenue of $690.11 million during the quarter, compared to the consensus estimate of $662.64 million. During the same period last year, the business posted $2.84 EPS. The business’s revenue was up 19.8% compared to the same quarter last year. On average, analysts expect MSCI to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

MSCI Price Performance

MSCI stock opened at $510.07 on Friday. The stock has a market capitalization of $40.41 billion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06. The company’s 50-day moving average is $552.00 and its 200-day moving average is $539.16. MSCI has a 1 year low of $451.55 and a 1 year high of $617.39.

MSCI Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Friday, February 16th were given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Thursday, February 15th. This is a boost from MSCI’s previous quarterly dividend of $1.38. MSCI’s dividend payout ratio is 44.44%.

Hedge Funds Weigh In On MSCI

Several hedge funds have recently modified their holdings of the company. KB Financial Partners LLC lifted its position in shares of MSCI by 8.1% during the 2nd quarter. KB Financial Partners LLC now owns 253 shares of the technology company’s stock worth $119,000 after buying an additional 19 shares in the last quarter. Penserra Capital Management LLC increased its stake in shares of MSCI by 5.4% during the 4th quarter. Penserra Capital Management LLC now owns 412 shares of the technology company’s stock worth $190,000 after purchasing an additional 21 shares during the last quarter. Angeles Wealth Management LLC increased its stake in shares of MSCI by 2.1% during the 4th quarter. Angeles Wealth Management LLC now owns 1,027 shares of the technology company’s stock worth $478,000 after purchasing an additional 21 shares during the last quarter. First Manhattan Co. increased its stake in shares of MSCI by 0.7% during the 4th quarter. First Manhattan Co. now owns 3,021 shares of the technology company’s stock worth $1,405,000 after purchasing an additional 21 shares during the last quarter. Finally, Bradley Foster & Sargent Inc. CT increased its stake in shares of MSCI by 2.0% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 1,286 shares of the technology company’s stock worth $598,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

MSCI has been the topic of a number of research analyst reports. Redburn Atlantic cut shares of MSCI from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $620.00 to $470.00 in a research report on Tuesday, February 20th. Raymond James reissued a “market perform” rating on shares of MSCI in a research report on Friday, January 5th. Wells Fargo & Company increased their price objective on shares of MSCI from $615.00 to $660.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. StockNews.com cut shares of MSCI from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Finally, Barclays raised their price target on shares of MSCI from $600.00 to $700.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $581.57.

About MSCI

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.