Jupiter Asset Management Ltd buys $22.1 Million stake in Msci Inc (MSCI)

Msci Inc (MSCI) : Jupiter Asset Management Ltd scooped up 20,000 additional shares in Msci Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 294,000 shares of Msci Inc which is valued at $22.1 Million.Msci Inc makes up approximately 0.94% of Jupiter Asset Management Ltd’s portfolio.

Other Hedge Funds, Including , Comerica Bank reduced its stake in MSCI by selling 4,137 shares or 6.47% in the most recent quarter. The Hedge Fund company now holds 59,797 shares of MSCI which is valued at $4.5 Million. Msci Inc makes up approx 0.04% of Comerica Bank’s portfolio.Norges Bank boosted its stake in MSCI in the latest quarter, The investment management firm added 73,996 additional shares and now holds a total of 979,544 shares of Msci Inc which is valued at $73.6 Million. Msci Inc makes up approx 0.04% of Norges Bank’s portfolio.Liberty Mutual Group Asset Management reduced its stake in MSCI by selling 22,932 shares or 38.49% in the most recent quarter. The Hedge Fund company now holds 36,649 shares of MSCI which is valued at $2.8 Million. Msci Inc makes up approx 0.12% of Liberty Mutual Group Asset Management’s portfolio.Diam Ltd. boosted its stake in MSCI in the latest quarter, The investment management firm added 9,383 additional shares and now holds a total of 60,069 shares of Msci Inc which is valued at $4.5 Million. Msci Inc makes up approx 0.07% of Diam Ltd.’s portfolio.Commerce Bank reduced its stake in MSCI by selling 125 shares or 2.95% in the most recent quarter. The Hedge Fund company now holds 4,110 shares of MSCI which is valued at $312,113. Msci Inc makes up approx 0.01% of Commerce Bank’s portfolio.

Msci Inc closed down -0.12 points or -0.16% at $74.99 with 7,04,281 shares getting traded on Monday. Post opening the session at $75.28, the shares hit an intraday low of $74.75 and an intraday high of $75.54 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Msci Inc reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.63. The company had revenue of $278.82 million for the quarter, compared to analysts expectations of $278.14 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.

MSCI Inc. together with its wholly owned subsidiaries is a provider of investment decision support tools including indexes portfolio risk and performance analytics and multi-asset class market risk analytics products and services. The Company’s products include global equity indexes and environmental social and governance (ESG) products marketed under the MSCI and MSCI ESG Research brands its private real estate benchmarks marketed under the IPD brand its portfolio risk and performance analytics covering global equity markets marketed under the Barra brand its multi-asset class market and credit risk analytics marketed under the RiskMetrics and Barra brands and its performance reporting products and services offered to the investment consultant community marketed under the InvestorForce brand.

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