Blair William & Co. IL Has $477,000 Stock Holdings in MSCI Inc. (NYSE:MSCI)

Blair William & Co. IL lowered its stake in shares of MSCI Inc. (NYSE:MSCI) by 25.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 990 shares of the technology company’s stock after selling 331 shares during the period. Blair William & Co. IL’s holdings in MSCI were worth $477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Rise Advisors LLC bought a new stake in shares of MSCI in the 1st quarter valued at approximately $26,000. Rothschild Investment LLC bought a new stake in MSCI in the second quarter worth approximately $26,000. Crewe Advisors LLC acquired a new position in shares of MSCI during the 1st quarter worth $34,000. Ridgewood Investments LLC bought a new position in shares of MSCI during the 2nd quarter valued at $40,000. Finally, Carolinas Wealth Consulting LLC lifted its stake in shares of MSCI by 36.1% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 98 shares of the technology company’s stock valued at $55,000 after purchasing an additional 26 shares during the last quarter. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

MSCI Trading Up 0.9 %

Shares of NYSE:MSCI opened at $567.39 on Friday. The business’s 50 day moving average is $552.38 and its 200-day moving average is $521.91. The firm has a market capitalization of $44.63 billion, a PE ratio of 38.73, a PEG ratio of 2.98 and a beta of 1.11. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $617.39.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Tuesday, July 23rd. The technology company reported $3.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.55 by $0.09. The firm had revenue of $707.90 million for the quarter, compared to analyst estimates of $696.41 million. MSCI had a net margin of 43.86% and a negative return on equity of 143.09%. The business’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.26 EPS. On average, sell-side analysts predict that MSCI Inc. will post 14.79 EPS for the current year.

MSCI Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were given a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Friday, August 16th. MSCI’s dividend payout ratio (DPR) is presently 43.69%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wells Fargo & Company raised shares of MSCI to a “hold” rating in a research report on Tuesday, August 13th. The Goldman Sachs Group raised their price objective on MSCI from $526.00 to $590.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Barclays upped their target price on MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Argus lifted their price target on shares of MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Finally, UBS Group upped their price objective on shares of MSCI from $575.00 to $585.00 and gave the stock a “buy” rating in a report on Tuesday, July 9th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $591.00.

MSCI Profile

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.