BNP Paribas Arbitrage SA lowered its position in shares of Msci Inc (NYSE:MSCI) by 10.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,768 shares of the technology company’s stock after selling 5,218 shares during the period. BNP Paribas Arbitrage SA’s holdings in Msci were worth $4,157,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in Msci by 6.8% in the first quarter. Bank of New York Mellon Corp now owns 1,144,345 shares of the technology company’s stock worth $111,219,000 after buying an additional 73,287 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Msci by 4.3% in the first quarter. Daiwa Securities Group Inc. now owns 2,450 shares of the technology company’s stock valued at $238,000 after buying an additional 100 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Msci by 107.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 5,797 shares of the technology company’s stock valued at $591,000 after buying an additional 3,009 shares in the last quarter. Trillium Asset Management LLC boosted its stake in shares of Msci by 3.4% in the first quarter. Trillium Asset Management LLC now owns 92,535 shares of the technology company’s stock valued at $8,993,000 after buying an additional 3,081 shares in the last quarter. Finally, Eqis Capital Management Inc. boosted its stake in shares of Msci by 2.4% in the first quarter. Eqis Capital Management Inc. now owns 13,146 shares of the technology company’s stock valued at $1,278,000 after buying an additional 306 shares in the last quarter. 99.15% of the stock is owned by institutional investors and hedge funds.
Msci Inc (NYSE MSCI) opened at 104.59 on Tuesday. The stock has a 50 day moving average of $99.57 and a 200-day moving average of $91.05. Msci Inc has a 12 month low of $71.51 and a 12 month high of $109.29. The company has a market cap of $9.46 billion, a P/E ratio of 36.05 and a beta of 1.01.
Msci (NYSE:MSCI) last posted its quarterly earnings results on Thursday, May 4th. The technology company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.03. Msci had a return on equity of 98.12% and a net margin of 24.22%. The firm had revenue of $301.21 million during the quarter, compared to analyst estimates of $303.88 million. During the same quarter in the previous year, the firm earned $0.68 EPS. Msci’s quarterly revenue was up 8.0% compared to the same quarter last year. Equities research analysts expect that Msci Inc will post $3.63 EPS for the current year. The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Shareholders of record on Friday, May 19th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Wednesday, May 17th. Msci’s dividend payout ratio (DPR) is 41.48%.
Several equities analysts recently weighed in on the stock. Credit Suisse Group AG cut their price objective on shares of Msci from $105.00 to $94.00 and set an “outperform” rating on the stock in a report on Friday, May 5th. Morgan Stanley increased their target price on shares of Msci from $93.00 to $98.00 and gave the stock an “equal weight” rating in a report on Monday, May 8th. Cantor Fitzgerald reiterated a “buy” rating and issued a $100.00 target price on shares of Msci in a report on Monday, May 15th. Finally, Zacks Investment Research downgraded shares of Msci from a “buy” rating to a “hold” rating in a research report on Saturday, March 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $95.20. In other Msci news, COO Cd Baer Pettit sold 2,083 shares of the business’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $97.47, for a total value of $203,030.01. Following the completion of the transaction, the chief operating officer now owns 186,598 shares of the company’s stock, valued at approximately $18,187,707.06. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.07% of the stock is currently owned by insiders.
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