Swedbank AB Raises Stock Position in MSCI Inc. (NYSE:MSCI)

Swedbank AB lifted its position in shares of MSCI Inc. (NYSE:MSCI) by 10.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 169,532 shares of the technology company’s stock after purchasing an additional 15,425 shares during the quarter. Swedbank AB’s holdings in MSCI were worth $101,721,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. LRI Investments LLC boosted its stake 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 acquiring an additional 24 shares during the last quarter. True Wealth Design LLC bought a new stake in MSCI during the 3rd quarter valued at approximately $38,000. Ashton Thomas Securities LLC purchased a new position in MSCI during the third quarter valued at $40,000. Planning Capital Management Corp grew its position in shares of MSCI by 35.1% during the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after purchasing an additional 20 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in MSCI by 35.1% in the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock worth $45,000 after acquiring an additional 20 shares during the last quarter. 89.97% of the stock is currently owned by institutional investors.

Insider Activity

In other MSCI news, CEO Henry A. Fernandez acquired 2,900 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were bought at an average cost of $612.80 per share, for a total transaction of $1,777,120.00. Following the acquisition, the chief executive officer now directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. This trade represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on MSCI. UBS Group cut their target price on MSCI from $695.00 to $680.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company raised their price target on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Redburn Atlantic raised shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price target for the company in a research report on Wednesday, October 9th. Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a research note on Thursday, December 12th. Finally, JPMorgan Chase & Co. lifted their price target on MSCI from $680.00 to $700.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, MSCI presently has an average rating of “Moderate Buy” and a consensus target price of $649.85.

MSCI Stock Performance

Shares of NYSE MSCI opened at $594.33 on Thursday. MSCI Inc. has a one year low of $439.95 and a one year high of $642.45. The firm has a market capitalization of $46.58 billion, a P/E ratio of 39.02, a PEG ratio of 2.78 and a beta of 1.11. The company’s fifty day moving average is $606.56 and its two-hundred day moving average is $581.42.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.22. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. During the same quarter in the previous year, the business posted $3.68 earnings per share. On average, sell-side analysts forecast that MSCI Inc. will post 14.99 earnings per share for the current fiscal year.

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.