Voya Investment Management LLC Acquires 7,800 Shares of MSCI Inc (MSCI)

Voya Investment Management LLC lifted its holdings in MSCI Inc (NYSE:MSCI) by 22.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,406 shares of the technology company’s stock after acquiring an additional 7,800 shares during the period. Voya Investment Management LLC’s holdings in MSCI were worth $4,367,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MSCI. Penserra Capital Management LLC purchased a new position in shares of MSCI in the second quarter valued at $101,000. Van ECK Associates Corp boosted its stake in shares of MSCI by 6.8% in the first quarter. Van ECK Associates Corp now owns 1,494 shares of the technology company’s stock valued at $145,000 after purchasing an additional 95 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in shares of MSCI by 115.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,505 shares of the technology company’s stock valued at $146,000 after purchasing an additional 805 shares during the period. Pacer Advisors Inc. boosted its stake in shares of MSCI by 2.9% in the first quarter. Pacer Advisors Inc. now owns 1,639 shares of the technology company’s stock valued at $159,000 after purchasing an additional 46 shares during the period. Finally, Copper Rock Capital Partners LLC boosted its stake in shares of MSCI by 309.1% in the second quarter. Copper Rock Capital Partners LLC now owns 2,078 shares of the technology company’s stock valued at $164,000 after purchasing an additional 1,570 shares during the period. 94.59% of the stock is owned by institutional investors.

Several research analysts have recently weighed in on the stock. BidaskClub downgraded shares of MSCI from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded shares of MSCI from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Thursday, July 6th. UBS AG upped their target price on shares of MSCI from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, August 4th. Morgan Stanley restated an “equal weight” rating and issued a $97.00 target price (down from $98.00) on shares of MSCI in a research note on Tuesday, July 18th. Finally, Barclays PLC assumed coverage on shares of MSCI in a research note on Tuesday, July 18th. They issued an “equal weight” rating and a $110.00 target price for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $111.50.

In related news, COO Cd Baer Pettit sold 2,083 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $111.16, for a total transaction of $231,546.28. Following the transaction, the chief operating officer now owns 178,266 shares of the company’s stock, valued at $19,816,048.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 6,249 shares of company stock worth $724,009 in the last ninety days. 2.26% of the stock is currently owned by insiders.

MSCI Inc (NYSE MSCI) opened at 122.73 on Friday. MSCI Inc has a 1-year low of $76.52 and a 1-year high of $123.12. The company has a market capitalization of $11.05 billion, a P/E ratio of 39.74 and a beta of 1.03. The firm’s 50-day moving average is $116.17 and its 200-day moving average is $106.43.

MSCI (NYSE:MSCI) last announced its earnings results on Thursday, August 3rd. The technology company reported $0.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.05. MSCI had a net margin of 24.01% and a return on equity of 87.11%. The business had revenue of $316.08 million for the quarter, compared to analyst estimates of $314.03 million. During the same quarter in the previous year, the firm posted $0.77 earnings per share. MSCI’s revenue was up 8.8% compared to the same quarter last year. Equities research analysts predict that MSCI Inc will post $3.80 EPS for the current year.

WARNING: “Voya Investment Management LLC Acquires 7,800 Shares of MSCI Inc (MSCI)” was reported by The Ledger Gazette and is the property of of The Ledger Gazet

Several other institutional investors have also added to or reduced their stakes in MSCI. Penserra Capital Management LLC purchased a new position in shares of MSCI in the second quarter valued at $101,000. Van ECK Associates Corp boosted its stake in shares of MSCI by 6.8% in the first quarter. Van ECK Associates Corp now owns 1,494 shares of the technology company’s stock valued at $145,000 after purchasing an additional 95 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in shares of MSCI by 115.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,505 shares of the technology company’s stock valued at $146,000 after purchasing an additional 805 shares during the period. Pacer Advisors Inc. boosted its stake in shares of MSCI by 2.9% in the first quarter. Pacer Advisors Inc. now owns 1,639 shares of the technology company’s stock valued at $159,000 after purchasing an additional 46 shares during the period. Finally, Copper Rock Capital Partners LLC boosted its stake in shares of MSCI by 309.1% in the second quarter. Copper Rock Capital Partners LLC now owns 2,078 shares of the technology company’s stock valued at $164,000 after purchasing an additional 1,570 shares during the period. 94.59% of the stock is owned by institutional investors.

Several research analysts have recently weighed in on the stock. BidaskClub downgraded shares of MSCI from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded shares of MSCI from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Thursday, July 6th. UBS AG upped their target price on shares of MSCI from $115.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, August 4th. Morgan Stanley restated an “equal weight” rating and issued a $97.00 target price (down from $98.00) on shares of MSCI in a research note on Tuesday, July 18th. Finally, Barclays PLC assumed coverage on shares of MSCI in a research note on Tuesday, July 18th. They issued an “equal weight” rating and a $110.00 target price for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $111.50.

In related news, COO Cd Baer Pettit sold 2,083 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $111.16, for a total transaction of $231,546.28. Following the transaction, the chief operating officer now owns 178,266 shares of the company’s stock, valued at $19,816,048.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 6,249 shares of company stock worth $724,009 in the last ninety days. 2.26% of the stock is currently owned by insiders.

MSCI Inc (NYSE MSCI) opened at 122.73 on Friday. MSCI Inc has a 1-year low of $76.52 and a 1-year high of $123.12. The company has a market capitalization of $11.05 billion, a P/E ratio of 39.74 and a beta of 1.03. The firm’s 50-day moving average is $116.17 and its 200-day moving average is $106.43.

MSCI (NYSE:MSCI) last announced its earnings results on Thursday, August 3rd. The technology company reported $0.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.05. MSCI had a net margin of 24.01% and a return on equity of 87.11%. The business had revenue of $316.08 million for the quarter, compared to analyst estimates of $314.03 million. During the same quarter in the previous year, the firm posted $0.77 earnings per share. MSCI’s revenue was up 8.8% compared to the same quarter last year. Equities research analysts predict that MSCI Inc will post $3.80 EPS for the current year.

WARNING: “Voya Investment Management LLC Acquires 7,800 Shares of MSCI Inc (MSCI)” was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece on another website, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be read at https://ledgergazette.com/2017/10/13/voya-investment-management-llc-acquires-7800-shares-of-msci-inc-msci.html.

MSCI Profile

MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used 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.

Institutional Ownership by Quarter for MSCI (NYSE:MSCI)

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