Ycg LLC Sells 60 Shares of MSCI Inc. (NYSE:MSCI)

Ycg LLC decreased its holdings in shares of MSCI Inc. (NYSE:MSCI) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 107,117 shares of the technology company’s stock after selling 60 shares during the quarter. MSCI makes up about 5.1% of Ycg LLC’s holdings, making the stock its 6th biggest position. Ycg LLC owned approximately 0.14% of MSCI worth $64,271,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. LRI Investments LLC boosted its holdings 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 buying an additional 24 shares during the period. True Wealth Design LLC bought a new stake in shares of MSCI during the 3rd quarter worth $38,000. Ashton Thomas Securities LLC bought a new stake in shares of MSCI during the 3rd quarter worth $40,000. Compagnie Lombard Odier SCmA bought a new stake in shares of MSCI during the 4th quarter worth $41,000. Finally, Planning Capital Management Corp boosted its holdings in shares of MSCI by 35.1% during the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock worth $45,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 89.97% of the company’s stock.

Insider Activity

In other news, CEO Henry A. Fernandez acquired 5,300 shares of MSCI stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price 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 Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MSCI. 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 report on Thursday, December 12th. JPMorgan Chase & Co. reduced their price target on shares of MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Wolfe Research raised shares of MSCI from a “peer perform” rating to an “outperform” rating in a report on Thursday, December 12th. Royal Bank of Canada reissued an “outperform” rating and issued a $675.00 price target on shares of MSCI in a report on Thursday, January 30th. Finally, Barclays reduced their price objective on shares of MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, MSCI has an average rating of “Moderate Buy” and an average target price of $649.23.

MSCI Trading Down 0.5 %

MSCI opened at $542.79 on Wednesday. The stock has a market capitalization of $42.15 billion, a PE ratio of 38.61, a PEG ratio of 2.61 and a beta of 1.19. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The firm has a 50-day moving average price of $587.78 and a two-hundred day moving average price of $589.86.

MSCI (NYSE:MSCI) last posted its quarterly earnings data on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, beating 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 period in the previous year, the firm posted $3.68 earnings per share. On average, research analysts predict that MSCI Inc. will post 16.86 EPS for the current year.

MSCI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Friday, February 14th. This is a positive change from MSCI’s previous quarterly dividend of $1.60. MSCI’s dividend payout ratio (DPR) is 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.