Baldwin Brothers Inc. MA Reduces Stake in Msci Inc (NYSE:MSCI)

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Baldwin Brothers Inc. MA lowered its holdings in Msci Inc (NYSE:MSCI) by 0.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 17,711 shares of the technology company’s stock after selling 49 shares during the quarter. Baldwin Brothers Inc. MA’s holdings in Msci were worth $6,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nachman Norwood & Parrott Inc purchased a new position in shares of Msci in the 3rd quarter valued at about $27,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Msci in the 2nd quarter valued at about $28,000. First Horizon Advisors Inc. grew its stake in Msci by 34.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 109 shares of the technology company’s stock worth $36,000 after buying an additional 28 shares during the last quarter. Shine Investment Advisory Services Inc. grew its stake in Msci by 57.7% during the 2nd quarter. Shine Investment Advisory Services Inc. now owns 164 shares of the technology company’s stock worth $55,000 after buying an additional 60 shares during the last quarter. Finally, Braun Bostich & Associates Inc. purchased a new position in Msci during the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 91.86% of the company’s stock.

In related news, insider Scott A. Crum sold 3,500 shares of Msci stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $376.69, for a total value of $1,318,415.00. Following the transaction, the insider now owns 29,279 shares in the company, valued at $11,029,106.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Cd Baer Pettit sold 2,500 shares of Msci stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $367.31, for a total value of $918,275.00. Following the completion of the transaction, the chief operating officer now owns 280,483 shares in the company, valued at approximately $103,024,210.73. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,000 shares of company stock valued at $3,996,165. Company insiders own 2.94% of the company’s stock.

A number of research analysts recently issued reports on the company. Morgan Stanley raised their price target on Msci from $337.00 to $366.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Oppenheimer assumed coverage on Msci in a research note on Monday, October 5th. They set an “outperform” rating and a $416.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on Msci in a research note on Friday, July 17th. They set a “hold” rating on the stock. UBS Group raised their price target on Msci from $342.00 to $375.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Finally, BMO Capital Markets raised their price target on Msci from $346.00 to $501.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $370.00.

Shares of MSCI traded up $3.99 during mid-day trading on Friday, hitting $365.61. The company’s stock had a trading volume of 240,527 shares, compared to its average volume of 598,911. The firm has a 50-day simple moving average of $352.67 and a 200 day simple moving average of $342.67. The firm has a market capitalization of $30.58 billion, a P/E ratio of 59.64 and a beta of 0.86. Msci Inc has a 1-year low of $214.12 and a 1-year high of $398.49.

Msci (NYSE:MSCI) last released its quarterly earnings results on Tuesday, July 28th. The technology company reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.09. The company had revenue of $409.60 million during the quarter, compared to the consensus estimate of $410.25 million. Msci had a negative return on equity of 268.97% and a net margin of 32.14%. Msci’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.54 earnings per share. Sell-side analysts anticipate that Msci Inc will post 7.3 EPS for the current fiscal year.

Msci Company Profile

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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