B.O.S.S. Retirement Advisors LLC Invests $961,000 in MSCI Inc. (NYSE:MSCI)

B.O.S.S. Retirement Advisors LLC bought a new stake in shares of MSCI Inc. (NYSE:MSCI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,602 shares of the technology company’s stock, valued at approximately $961,000.

Other institutional investors also recently bought and sold shares of the company. HWG Holdings LP purchased a new position in shares of MSCI during the second quarter valued at about $27,000. LRI Investments LLC grew its holdings in MSCI by 120.0% during 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 in the last quarter. True Wealth Design LLC purchased a new position in shares of MSCI in the third quarter valued at $38,000. Ashton Thomas Securities LLC purchased a new position in shares of MSCI in the third quarter valued at $40,000. Finally, Planning Capital Management Corp grew its holdings 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 valued at $45,000 after purchasing an additional 20 shares in the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MSCI. Royal Bank of Canada reiterated an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research report on Wednesday, October 30th. Morgan Stanley boosted their price objective on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. The Goldman Sachs Group raised shares of MSCI from a “neutral” rating to a “buy” rating and boosted their target price for the company from $617.00 to $723.00 in a research note on Wednesday, December 18th. Redburn Atlantic raised shares of MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price objective for the company in a research report on Wednesday, October 9th. Finally, 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. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $649.85.

MSCI Trading Up 0.7 %

NYSE:MSCI opened at $620.22 on Friday. The firm has a fifty day simple moving average of $605.31 and a 200-day simple moving average of $578.36. MSCI Inc. has a 12 month low of $439.95 and a 12 month high of $642.45. The company has a market capitalization of $48.61 billion, a P/E ratio of 40.72, a PEG ratio of 2.78 and a beta of 1.11.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, beating the consensus estimate of $3.77 by $0.09. The business had revenue of $724.70 million during the quarter, compared to analysts’ expectations of $716.15 million. MSCI had a net margin of 43.06% and a negative return on equity of 162.06%. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business posted $3.45 EPS. Equities analysts forecast that MSCI Inc. will post 14.99 EPS for the current year.

MSCI Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend was Friday, November 15th. MSCI’s payout ratio is 42.02%.

Insiders Place Their Bets

In other news, CEO Henry A. Fernandez bought 2,900 shares of MSCI stock in a transaction on Thursday, December 5th. The stock was acquired 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 directly owns 330,379 shares of the company’s stock, valued at $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.20% of the stock is currently owned by company insiders.

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.