Union Bancaire Privee UBP SA Buys Shares of 4,848 MSCI Inc. (NYSE:MSCI)

Union Bancaire Privee UBP SA purchased a new position in shares of MSCI Inc. (NYSE:MSCI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,848 shares of the technology company’s stock, valued at approximately $2,955,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. HWG Holdings LP acquired a new position in MSCI during the second quarter worth about $27,000. LRI Investments LLC raised its position in shares of MSCI by 120.0% during the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock worth $27,000 after purchasing an additional 24 shares during the last quarter. True Wealth Design LLC purchased a new stake in MSCI in the 3rd quarter valued at approximately $38,000. Ashton Thomas Securities LLC acquired a new stake in MSCI during the 3rd quarter valued at $40,000. Finally, Planning Capital Management Corp increased its position in MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MSCI. Royal Bank of Canada restated an “outperform” rating and issued a $638.00 price objective on shares of MSCI in a research report on Wednesday, October 30th. Morgan Stanley raised their price target on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Wells Fargo & Company boosted their price objective on shares of MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. The Goldman Sachs Group upgraded shares of MSCI from a “neutral” rating to a “buy” rating and raised their target price for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Finally, Evercore ISI started coverage on MSCI in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 price target for the company. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $649.85.

Insider Transactions at MSCI

In related news, CEO Henry A. Fernandez bought 2,900 shares of the stock in a transaction dated Thursday, December 5th. The stock was acquired at an average price of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the purchase, the chief executive officer now owns 330,379 shares in the company, valued at $202,456,251.20. This represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.20% of the company’s stock.

MSCI Trading Up 0.5 %

MSCI stock opened at $623.79 on Tuesday. The stock has a 50-day moving average price of $605.31 and a two-hundred day moving average price of $579.61. The company has a market cap of $48.89 billion, a PE ratio of 40.96, a price-to-earnings-growth ratio of 2.78 and a beta of 1.11. MSCI Inc. has a 12-month low of $439.95 and a 12-month high of $642.45.

MSCI (NYSE:MSCI) last posted its earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $0.09. The firm had revenue of $724.70 million during the quarter, compared to the consensus estimate of $716.15 million. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The company’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.45 EPS. Equities analysts forecast that MSCI Inc. will post 14.99 EPS for the current fiscal year.

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.