Baldwin Wealth Partners LLC MA Increases Stake in MSCI Inc. (NYSE:MSCI)

Baldwin Wealth Partners LLC MA lifted its position in shares of MSCI Inc. (NYSE:MSCI) by 5.9% during the 4th quarter, HoldingsChannel reports. The fund owned 10,476 shares of the technology company’s stock after purchasing an additional 579 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in MSCI were worth $6,286,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MSCI. HWG Holdings LP acquired a new position in MSCI during the second quarter worth $27,000. LRI Investments LLC raised its position 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 purchasing an additional 24 shares during the last quarter. True Wealth Design LLC purchased a new position in MSCI in the 3rd quarter valued at about $38,000. Ashton Thomas Securities LLC acquired a new stake in MSCI in the 3rd quarter worth about $40,000. Finally, Planning Capital Management Corp increased its stake in 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 in the last quarter. 89.97% of the stock is owned by institutional investors and hedge funds.

MSCI Price Performance

NYSE MSCI opened at $616.98 on Monday. MSCI Inc. has a 1-year low of $439.95 and a 1-year high of $642.45. The stock has a 50-day moving average of $605.31 and a two-hundred day moving average of $579.61. The company has a market cap of $48.35 billion, a P/E ratio of 40.48, a P/E/G ratio of 2.78 and a beta of 1.11.

MSCI (NYSE:MSCI) last posted its quarterly earnings results on Tuesday, October 29th. The technology company reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The company had revenue of $724.70 million for the quarter, compared to analyst estimates of $716.15 million. During the same quarter last year, the company earned $3.45 EPS. MSCI’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, analysts anticipate that MSCI Inc. will post 14.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MSCI shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $638.00 price target on shares of MSCI in a research note on Wednesday, October 30th. Evercore ISI began coverage on shares of MSCI in a report on Wednesday, October 2nd. They issued an “outperform” rating and a $690.00 price objective for the company. Wells Fargo & Company boosted their target price on MSCI from $570.00 to $600.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Morgan Stanley lifted their price objective on MSCI from $662.00 to $695.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Finally, Wolfe Research raised MSCI from a “peer perform” rating to an “outperform” rating in a research note on Thursday, December 12th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $649.85.

Insider Activity at MSCI

In related news, CEO Henry A. Fernandez acquired 2,900 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer now owns 330,379 shares of the company’s stock, valued at $202,456,251.20. The trade was a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.20% of the stock is currently owned by corporate insiders.

MSCI Company 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.