MSCI Inc. (NYSE:MSCI) Shares Bought by Swedbank AB

Swedbank AB increased its position in MSCI Inc. (NYSE:MSCI) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,532 shares of the technology company’s stock after acquiring an additional 15,425 shares during the period. Swedbank AB owned approximately 0.22% of MSCI worth $101,721,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MSCI. State Street Corp boosted its stake in shares of MSCI by 0.4% during the 3rd quarter. State Street Corp now owns 3,192,364 shares of the technology company’s stock worth $1,860,925,000 after purchasing an additional 11,351 shares during the last quarter. Edgewood Management LLC boosted its holdings in MSCI by 16.9% in the third quarter. Edgewood Management LLC now owns 2,195,639 shares of the technology company’s stock valued at $1,279,904,000 after acquiring an additional 318,214 shares during the last quarter. Geode Capital Management LLC grew its position in MSCI by 0.7% during the third quarter. Geode Capital Management LLC now owns 1,862,362 shares of the technology company’s stock valued at $1,082,594,000 after acquiring an additional 13,691 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of MSCI by 14.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,587,723 shares of the technology company’s stock worth $925,531,000 after purchasing an additional 198,666 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of MSCI by 2.6% in the third quarter. Principal Financial Group Inc. now owns 1,493,534 shares of the technology company’s stock worth $870,627,000 after acquiring an additional 37,340 shares in the last quarter. 89.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on MSCI. Royal Bank of Canada reiterated an “outperform” rating and set a $638.00 target price on shares of MSCI in a report on Wednesday, October 30th. UBS Group cut their price objective on MSCI from $695.00 to $680.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Morgan Stanley lifted 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. The Goldman Sachs Group upgraded shares of MSCI from a “neutral” rating to a “buy” rating and upped their price target for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Finally, JPMorgan Chase & Co. lifted their target price on MSCI from $680.00 to $700.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $649.85.

MSCI Stock Down 5.4 %

NYSE:MSCI opened at $594.33 on Thursday. The company has a market cap of $46.58 billion, a P/E ratio of 39.02, a price-to-earnings-growth ratio of 2.78 and a beta of 1.11. MSCI Inc. has a twelve month low of $439.95 and a twelve month high of $642.45. The business has a 50 day moving average price of $606.56 and a two-hundred day moving average price of $581.42.

MSCI (NYSE:MSCI) last announced its quarterly earnings results on Wednesday, January 29th. The technology company reported $4.18 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.22. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. During the same quarter in the prior year, the firm earned $3.68 EPS. As a group, analysts anticipate that MSCI Inc. will post 14.99 earnings per share for the current fiscal year.

Insider Transactions at MSCI

In other MSCI news, CEO Henry A. Fernandez bought 2,900 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average cost of $612.80 per share, with a total value of $1,777,120.00. Following the completion of the transaction, the chief executive officer now directly owns 330,379 shares in the company, valued at approximately $202,456,251.20. The trade was a 0.89 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 3.20% of the company’s stock.

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.