Amundi Pioneer Asset Management Inc. Boosts Holdings in Msci Inc (NYSE:MSCI)

Amundi Pioneer Asset Management Inc. raised its position in shares of Msci Inc (NYSE:MSCI) by 3.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 347,829 shares of the technology company’s stock after acquiring an additional 12,426 shares during the period. Amundi Pioneer Asset Management Inc. owned approximately 0.41% of Msci worth $69,162,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Prime Capital Investment Advisors LLC acquired a new position in Msci in the fourth quarter worth about $38,000. FTB Advisors Inc. increased its holdings in shares of 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 buying an additional 115 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of 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 buying an additional 194 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Msci by 40.6% during the first quarter. Rockefeller Capital Management L.P. now owns 509 shares of the technology company’s stock worth $102,000 after buying an additional 147 shares in the last quarter. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Msci during the fourth quarter valued at approximately $103,000. Institutional investors own 91.70% of the company’s stock.

MSCI traded up $1.72 during mid-day trading on Monday, hitting $240.51. The stock had a trading volume of 436,400 shares, compared to its average volume of 602,291. The business’s fifty day simple moving average is $229.32. The firm has a market cap of $20.22 billion, a price-to-earnings ratio of 44.96, a price-to-earnings-growth ratio of 3.78 and a beta of 1.14. Msci Inc has a 1-year low of $134.28 and a 1-year high of $246.07.

Msci (NYSE:MSCI) last posted its earnings results on Thursday, May 2nd. The technology company reported $1.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.15. The company had revenue of $371.38 million for the quarter, compared to analyst estimates of $371.48 million. Msci had a net margin of 39.27% and a return on equity of 813.48%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the business posted $1.31 earnings per share. Equities research analysts expect that Msci Inc will post 6.32 earnings per share for the current year.

Several analysts have recently commented on the stock. Morgan Stanley increased their price target on shares of Msci from $216.00 to $223.00 and gave the company an “equal weight” rating in a research note on Thursday, June 13th. Barclays reissued a “buy” rating and set a $240.00 price target on shares of Msci in a research note on Sunday, May 5th. Cantor Fitzgerald raised their price objective on shares of Msci from $188.00 to $247.00 in a research note on Friday, May 3rd. UBS Group raised their price objective on shares of Msci to $234.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Finally, Zacks Investment Research raised shares of Msci from a “hold” rating to a “buy” rating and set a $207.00 price objective on the stock in a research note on Wednesday, March 13th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $212.50.

Msci 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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