Simplicity Wealth LLC Has $309,000 Holdings in MSCI Inc. (NYSE:MSCI)

Simplicity Wealth LLC raised its holdings in shares of MSCI Inc. (NYSE:MSCI) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 515 shares of the technology company’s stock after purchasing an additional 38 shares during the period. Simplicity Wealth LLC’s holdings in MSCI were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. OFI Invest Asset Management acquired a new position in MSCI during the 4th quarter valued at about $2,718,000. Coalescence Partners Investment Management LP lifted its position in MSCI by 8.1% during the 4th quarter. Coalescence Partners Investment Management LP now owns 35,690 shares of the technology company’s stock valued at $21,414,000 after purchasing an additional 2,676 shares during the period. Amundi lifted its position in MSCI by 7.9% during the 4th quarter. Amundi now owns 468,242 shares of the technology company’s stock valued at $281,989,000 after purchasing an additional 34,094 shares during the period. Permanent Capital Management LP acquired a new position in MSCI during the 4th quarter valued at about $382,000. Finally, Dorsey & Whitney Trust CO LLC lifted its position in MSCI by 26.7% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 569 shares of the technology company’s stock valued at $341,000 after purchasing an additional 120 shares during the period. 89.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSCI has been the topic of a number of research reports. Wolfe Research upgraded shares of MSCI from a “peer perform” rating to an “outperform” rating in a research report on Thursday, December 12th. Morgan Stanley increased their price target on shares of MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $675.00 price target on shares of MSCI in a research report on Thursday, January 30th. Barclays cut their price target on shares of MSCI from $700.00 to $675.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $649.23.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez purchased 5,300 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of $574.51 per share, with a total value of $3,044,903.00. Following the purchase, the chief executive officer now directly owns 1,269,951 shares of the company’s stock, valued at $729,599,549.01. The trade was a 0.42 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.20% of the company’s stock.

MSCI Stock Performance

Shares of MSCI stock opened at $544.63 on Tuesday. The company has a market capitalization of $42.29 billion, a P/E ratio of 38.74, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19. The company’s 50 day moving average price is $588.92 and its two-hundred day moving average price is $590.06. MSCI Inc. has a 52 week low of $439.95 and a 52 week high of $642.45.

MSCI (NYSE:MSCI) last announced its earnings results on Wednesday, January 29th. The technology company reported $4.18 EPS for the quarter, topping the consensus estimate of $3.96 by $0.22. MSCI had a net margin of 38.83% and a negative return on equity of 156.08%. During the same quarter in the prior year, the company posted $3.68 EPS. Analysts forecast that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $1.80 per share. This is a boost from MSCI’s previous quarterly dividend of $1.60. This represents a $7.20 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Friday, February 14th. MSCI’s dividend payout ratio (DPR) is currently 51.21%.

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.