Key Points
- MSCI General Counsel Robert Gutowski sold 2,381 shares at an average price of $623.66, worth approximately $1.48 million, reducing his holdings by 14.44% to 14,104 shares.
- MSCI reported quarterly EPS of $5.11, beating estimates of $5.03, while revenue rose 12.4% year over year to $892 million. The company also declared a quarterly dividend of $2.05 per share, yielding about 1.3% annually.
- Analysts maintain a generally positive view, with MSCI receiving a “Moderate Buy” consensus rating and an average price target of $682.12; Rothschild & Co Redburn recently raised its target to $680.
MSCI Inc (NYSE:MSCI - Get Free Report) General Counsel Robert Gutowski sold 2,381 shares of the business's stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $623.66, for a total value of $1,484,934.46. Following the transaction, the general counsel owned 14,104 shares in the company, valued at approximately $8,796,100.64. This trade represents a 14.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
MSCI Price Performance
NYSE MSCI opened at $618.41 on Tuesday. The stock's fifty day moving average price is $562.09 and its 200 day moving average price is $572.77. MSCI Inc has a 1 year low of $501.08 and a 1 year high of $644.77. The company has a market cap of $44.22 billion, a price-to-earnings ratio of 32.74, a PEG ratio of 2.38 and a beta of 1.24.
MSCI (NYSE:MSCI - Get Free Report) last posted its quarterly earnings results on Tuesday, October 20th. The technology company reported $5.11 EPS for the quarter, beating the consensus estimate of $5.03 by $0.08. The company had revenue of $892.00 million for the quarter, compared to analyst estimates of $887.83 million. MSCI had a net margin of 40.31% and a negative return on equity of 50.69%. The firm's revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the company earned $4.47 earnings per share. Research analysts expect that MSCI Inc will post 19.62 earnings per share for the current year.
MSCI Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be given a dividend of $2.05 per share. The ex-dividend date is Friday, November 13th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.3%. MSCI's dividend payout ratio (DPR) is 43.41%.
Institutional Investors Weigh In On MSCI
A number of hedge funds have recently bought and sold shares of MSCI. Goodman Advisory Group LLC acquired a new stake in shares of MSCI in the first quarter valued at approximately $5,311,000. Dimensional Fund Advisors LP grew its holdings in shares of MSCI by 2.0% during the first quarter. Dimensional Fund Advisors LP now owns 280,912 shares of the technology company's stock worth $151,401,000 after buying an additional 5,469 shares during the last quarter. Andra AP fonden raised its stake in MSCI by 477.6% during the 2nd quarter. Andra AP fonden now owns 15,480 shares of the technology company's stock valued at $8,669,000 after acquiring an additional 12,800 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new stake in MSCI during the 2nd quarter worth approximately $1,069,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of MSCI by 54.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 7,100 shares of the technology company's stock valued at $4,074,000 after purchasing an additional 2,510 shares during the period. Institutional investors and hedge funds own 89.97% of the company's stock.
Key Headlines Impacting MSCI
Here are the key news stories impacting MSCI this week:
- Positive Sentiment: Rothschild & Co Redburn raised its price target on MSCI from $670 to $680, implying approximately 9.9% potential upside from the referenced price of $618.88. The higher target supports investor confidence in MSCI’s earnings outlook and recurring index, analytics and data revenues. Rothschild & Co Redburn price target
- Positive Sentiment: Improved global risk sentiment provided a favorable market backdrop. Asian equities and U.S. stock futures advanced after gains on Wall Street, potentially supporting demand for MSCI’s benchmark indexes and investment products. However, this is a broad-market factor rather than a company-specific catalyst. Global market gains and Fed decision
- Neutral Sentiment: News involving MSCI’s market indexes was mixed. India’s MSCI index remains valued at a premium to other emerging markets despite a six-year valuation low, while Indonesia is strengthening measures against stock manipulation after a market decline reportedly linked to MSCI-related index changes. These developments may affect index-related sentiment and client activity but do not currently indicate a direct change to MSCI Inc.’s financial outlook. India equity valuations Indonesia market-manipulation measures
- Negative Sentiment: MSCI’s general counsel sold 2,381 shares at an average price of $623.66, reducing his direct holdings by 14.44%. The filing does not establish that the sale reflects a deteriorating business outlook, but insider selling can create modest near-term pressure on investor sentiment. Robert Gutowski insider transaction
Analysts Set New Price Targets
MSCI has been the subject of a number of research reports. UBS Group set a $615.00 target price on shares of MSCI in a report on Wednesday, July 22nd. Rothschild & Co Redburn lifted their price target on MSCI from $670.00 to $680.00 in a report on Monday. BNP Paribas Exane cut their price objective on shares of MSCI from $570.00 to $550.00 in a research report on Monday, October 19th. Barclays lifted their price target on shares of MSCI from $700.00 to $735.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Finally, Weiss Ratings downgraded MSCI from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $682.12.
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MSCI Company Profile
(
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MSCI Inc (NYSE:MSCI) is a global provider of investment decision-support tools and services for institutional investors, asset managers, banks and other financial institutions. The company is best known for developing equity, fixed-income and multi-asset indexes used to benchmark portfolios and support the creation of investment products such as exchange-traded funds.
In addition to its indexes, MSCI provides portfolio analytics, risk-management and performance-attribution tools, as well as research and data covering environmental, social and governance factors, climate risk and sustainable investing.
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