Summit Trail Advisors LLC Has $640,000 Position in MSCI Inc. (NYSE:MSCI)

Summit Trail Advisors LLC raised its stake in shares of MSCI Inc. (NYSE:MSCI) by 31.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,067 shares of the technology company’s stock after purchasing an additional 257 shares during the period. Summit Trail Advisors LLC’s holdings in MSCI were worth $640,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. LRI Investments LLC grew its stake in MSCI by 120.0% in the 3rd quarter. LRI Investments LLC now owns 44 shares of the technology company’s stock valued at $27,000 after buying an additional 24 shares during the last quarter. True Wealth Design LLC bought a new stake in MSCI during the third quarter valued at about $38,000. Ashton Thomas Securities LLC acquired a new stake in shares of MSCI in the third quarter valued at about $40,000. Planning Capital Management Corp increased its stake in shares of MSCI by 35.1% in the third quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares during the period. Finally, Private Trust Co. NA lifted its position in shares of MSCI by 35.1% during the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock worth $45,000 after purchasing an additional 20 shares during the last quarter. Institutional investors own 89.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MSCI. Barclays lowered their target price on MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. The Goldman Sachs Group upgraded shares of MSCI from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $617.00 to $723.00 in a research note on Wednesday, December 18th. UBS Group cut their target price on shares of MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. Finally, Morgan Stanley boosted their price objective on shares of MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, MSCI currently has a consensus rating of “Moderate Buy” and an average price target of $649.23.

Insider Activity at MSCI

In other news, CEO Henry A. Fernandez acquired 2,900 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the acquisition, the chief executive officer now owns 330,379 shares in the company, valued at approximately $202,456,251.20. This represents a 0.89 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.20% of the stock is currently owned by insiders.

MSCI Trading Down 1.0 %

MSCI stock opened at $577.72 on Wednesday. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The business’s 50 day moving average is $604.66 and its 200-day moving average is $585.99. The firm has a market cap of $45.28 billion, a P/E ratio of 41.09, a P/E/G ratio of 2.67 and a beta of 1.11.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.96 by $0.22. MSCI had a negative return on equity of 156.08% and a net margin of 38.83%. During the same period in the previous year, the business earned $3.68 EPS. Sell-side analysts forecast that MSCI Inc. will post 16.86 EPS for the current year.

MSCI Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $1.80 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.25%. This is a boost from MSCI’s previous quarterly dividend of $1.60. MSCI’s dividend payout ratio (DPR) is 51.21%.

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.