MSCI Inc (NYSE:MSCI) Stock Rated “Buy” by Wall Street Analysts

by · The Markets Daily

MSCI Inc (NYSE:MSCI – Get Free Report) has been assigned an average rating of “Buy” from the twelve analysts that are presently covering the company, Marketbeat reports. Eleven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $709.50.

MSCI has been the topic of a number of research analyst reports. Rothschild & Co Redburn set a $690.00 target price on MSCI in a research note on Thursday, June 18th. Raymond James Financial lifted their price target on MSCI from $730.00 to $760.00 and gave the company a “strong-buy” rating in a research report on Wednesday, July 8th. Barclays lifted their price target on MSCI from $700.00 to $735.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. UBS Group set a $615.00 price objective on MSCI in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of MSCI from $700.00 to $742.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th.

View Our Latest Stock Analysis on MSCI

Hedge Funds Weigh In On MSCI

A number of institutional investors have recently made changes to their positions in the stock. Ancora Advisors LLC purchased a new position in MSCI in the second quarter worth $27,000. Harvest Fund Management Co. Ltd bought a new position in MSCI in the fourth quarter valued at $30,000. Compound Global Advisors LLC bought a new position in MSCI in the second quarter valued at $34,000. SHP Wealth Management purchased a new stake in MSCI during the fourth quarter valued at about $36,000. Finally, Whipplewood Advisors LLC purchased a new stake in MSCI during the first quarter valued at about $39,000. Institutional investors own 89.97% of the company’s stock.

MSCI Price Performance

MSCI opened at $551.83 on Tuesday. The company has a fifty day moving average price of $564.27 and a 200-day moving average price of $574.45. The firm has a market capitalization of $40.12 billion, a P/E ratio of 30.19, a price-to-earnings-growth ratio of 2.10 and a beta of 1.22. MSCI has a one year low of $501.08 and a one year high of $644.77.

MSCI (NYSE:MSCI – Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.99 by ($0.05). The business had revenue of $867.00 million during the quarter, compared to analysts’ expectations of $870.71 million. MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $4.17 EPS. On average, analysts expect that MSCI will post 19.61 earnings per share for the current year.

MSCI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a $2.05 dividend. This represents a $8.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. MSCI’s payout ratio is currently 44.86%.

MSCI Company Profile

(Get Free Report)

MSCI Inc is a global provider of investment decision-support tools and services for institutional investors, asset managers, wealth managers, banks and other financial institutions. The company is best known for its indexes, which are used to benchmark portfolios and support the design of investment products such as exchange-traded funds and other index-based strategies.

In addition to indexes covering equities, fixed income and other asset classes, MSCI provides portfolio analytics, risk-management tools, performance measurement and investment data.

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