1,494 Shares in MSCI Inc. (NYSE:MSCI) Purchased by Callan Family Office LLC

Callan Family Office LLC bought a new stake in MSCI Inc. (NYSE:MSCI) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 1,494 shares of the technology company’s stock, valued at approximately $896,000.

Several other institutional investors also recently bought and sold shares of the company. CWA Asset Management Group LLC grew its position in MSCI by 4.2% in the 4th quarter. CWA Asset Management Group LLC now owns 418 shares of the technology company’s stock valued at $251,000 after acquiring an additional 17 shares in the last quarter. Angeles Wealth Management LLC grew its position in MSCI by 3.6% in the 4th quarter. Angeles Wealth Management LLC now owns 492 shares of the technology company’s stock valued at $295,000 after acquiring an additional 17 shares in the last quarter. Bleakley Financial Group LLC grew its position in MSCI by 0.9% in the 4th quarter. Bleakley Financial Group LLC now owns 2,044 shares of the technology company’s stock valued at $1,227,000 after acquiring an additional 19 shares in the last quarter. Planning Capital Management Corp boosted its stake in shares of MSCI by 35.1% in the 3rd quarter. Planning Capital Management Corp now owns 77 shares of the technology company’s stock valued at $45,000 after buying an additional 20 shares during the period. Finally, Private Trust Co. NA boosted its stake in shares of MSCI by 35.1% in the 3rd quarter. Private Trust Co. NA now owns 77 shares of the technology company’s stock valued at $45,000 after buying an additional 20 shares during the period. 89.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MSCI. The Goldman Sachs Group upgraded MSCI from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $617.00 to $723.00 in a research note on Wednesday, December 18th. Morgan Stanley lifted their price objective on MSCI from $662.00 to $695.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Barclays decreased their target price on MSCI from $700.00 to $675.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on MSCI from $700.00 to $680.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Wolfe Research upgraded MSCI from a “peer perform” rating to an “outperform” rating in a research note on Thursday, December 12th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $649.23.

MSCI Trading Down 0.8 %

Shares of NYSE MSCI opened at $562.01 on Friday. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The stock has a 50 day moving average of $590.02 and a two-hundred day moving average of $590.00. The stock has a market cap of $43.64 billion, a P/E ratio of 39.97, a P/E/G ratio of 2.61 and a beta of 1.19.

MSCI (NYSE:MSCI) last issued its quarterly earnings data 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 company earned $3.68 earnings per share. As a group, research analysts predict that MSCI Inc. will post 16.86 earnings per share for the current year.

MSCI Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $1.80 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 1.28%. This is a positive change from MSCI’s previous quarterly dividend of $1.60. MSCI’s payout ratio is presently 51.21%.

Insider Activity

In related news, CEO Henry A. Fernandez bought 5,300 shares of the company’s stock in a transaction dated 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 completion of the acquisition, the chief executive officer now owns 1,269,951 shares in the company, valued at approximately $729,599,549.01. This trade represents a 0.42 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.20% of the company’s stock.

About MSCI

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.