MSCI Inc. (NYSE:MSCI) Shares Sold by Investidor Profissional Gestao de Recursos Ltda.

Investidor Profissional Gestao de Recursos Ltda. cut its stake in MSCI Inc. (NYSE:MSCI) by 6.9% in the third quarter, Holdings Channel reports. The firm owned 4,788 shares of the technology company’s stock after selling 354 shares during the period. MSCI comprises 1.3% of Investidor Profissional Gestao de Recursos Ltda.’s holdings, making the stock its 13th largest position. Investidor Profissional Gestao de Recursos Ltda.’s holdings in MSCI were worth $2,791,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Rothschild Investment LLC acquired a new stake in shares of MSCI during the second quarter worth about $26,000. HWG Holdings LP acquired a new stake in MSCI during the 2nd quarter valued at approximately $27,000. Crewe Advisors LLC purchased a new stake in shares of MSCI in the 1st quarter valued at $34,000. Ridgewood Investments LLC purchased a new stake in shares of MSCI in the 2nd quarter valued at $40,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of MSCI during the third quarter worth $40,000. Hedge funds and other institutional investors own 89.97% of the company’s stock.

Analyst Ratings Changes

MSCI has been the topic of several recent research reports. Barclays upped their price target on shares of MSCI from $650.00 to $700.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Redburn Atlantic raised MSCI from a “neutral” rating to a “buy” rating and set a $680.00 target price on the stock in a report on Wednesday, October 9th. Argus boosted their price target on MSCI from $520.00 to $600.00 and gave the company a “buy” rating in a report on Friday, July 26th. UBS Group dropped their price objective on shares of MSCI from $695.00 to $680.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, Evercore ISI assumed coverage on shares of MSCI in a research note on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 target price for the company. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $631.83.

MSCI Trading Down 2.0 %

NYSE:MSCI opened at $593.86 on Monday. The stock has a 50 day moving average of $583.62 and a two-hundred day moving average of $538.33. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $631.70. The firm has a market cap of $46.54 billion, a P/E ratio of 38.99, a price-to-earnings-growth ratio of 3.09 and a beta of 1.11.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. During the same quarter last year, the firm posted $3.45 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. On average, research analysts forecast that MSCI Inc. will post 14.98 earnings per share for the current year.

MSCI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a yield of 1.08%. MSCI’s payout ratio is 42.02%.

MSCI Company 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.