Msci Inc (NYSE:MSCI) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas grew its stake in Msci Inc (NYSE:MSCI) by 49.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,540 shares of the technology company’s stock after purchasing an additional 46,240 shares during the period. Teacher Retirement System of Texas owned approximately 0.16% of Msci worth $33,321,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Next Capital Management LLC acquired a new position in Msci during the second quarter worth $25,000. Advisory Services Network LLC grew its holdings in Msci by 686.7% during the second quarter. Advisory Services Network LLC now owns 354 shares of the technology company’s stock worth $84,000 after acquiring an additional 309 shares during the period. Intercontinental Wealth Advisors LLC acquired a new position in Msci during the second quarter worth $85,000. FTB Advisors Inc. grew its holdings in Msci by 37.5% during the first quarter. FTB Advisors Inc. now owns 422 shares of the technology company’s stock worth $84,000 after acquiring an additional 115 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Msci by 78.5% during the first quarter. Parallel Advisors LLC now owns 441 shares of the technology company’s stock worth $88,000 after acquiring an additional 194 shares during the period. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Msci stock traded down $0.89 during trading hours on Thursday, hitting $234.14. The stock had a trading volume of 15,331 shares, compared to its average volume of 629,386. The stock has a market capitalization of $19.51 billion, a price-to-earnings ratio of 43.91, a PEG ratio of 3.65 and a beta of 1.12. Msci Inc has a 1-year low of $134.28 and a 1-year high of $247.57. The stock’s fifty day moving average is $232.65 and its two-hundred day moving average is $214.71.

Msci (NYSE:MSCI) last issued its quarterly earnings data on Thursday, August 1st. The technology company reported $1.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.51 by $0.03. Msci had a negative return on equity of 599.92% and a net margin of 39.27%. The business had revenue of $385.56 million for the quarter, compared to the consensus estimate of $382.81 million. During the same period in the prior year, the business earned $1.30 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. On average, research analysts expect that Msci Inc will post 6.31 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be given a $0.68 dividend. This is an increase from Msci’s previous quarterly dividend of $0.58. This represents a $2.72 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Thursday, August 15th. Msci’s dividend payout ratio is currently 50.84%.

A number of research analysts recently weighed in on MSCI shares. Morgan Stanley upped their price objective on Msci from $223.00 to $240.00 and gave the stock an “equal weight” rating in a report on Friday, July 19th. UBS Group lowered Msci from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $234.00 to $258.00 in a report on Monday, July 8th. TheStreet lowered Msci from a “b” rating to a “c+” rating in a report on Tuesday, August 6th. Barclays reaffirmed a “buy” rating and set a $240.00 price objective on shares of Msci in a report on Sunday, May 5th. Finally, Cantor Fitzgerald upped their price objective on Msci from $188.00 to $247.00 in a report on Friday, May 3rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Msci currently has an average rating of “Buy” and an average target price of $217.63.

About Msci

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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Institutional Ownership by Quarter for Msci (NYSE:MSCI)

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