Msci Inc (MSCI) : Ycg reduced its stake in Msci Inc by 0.81% during the most recent quarter end. The investment management company now holds a total of 184,908 shares of Msci Inc which is valued at $15,955,711 after selling 1,509 shares in Msci Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Msci Inc makes up approximately 4.94% of Ycg’s portfolio.
Other Hedge Funds, Including , Bluemountain Capital Management boosted its stake in MSCI in the latest quarter, The investment management firm added 20,966 additional shares and now holds a total of 23,274 shares of Msci Inc which is valued at $2,008,313. Msci Inc makes up approx 0.06% of Bluemountain Capital Management’s portfolio.Globeflex Capital L P boosted its stake in MSCI in the latest quarter, The investment management firm added 19,064 additional shares and now holds a total of 24,862 shares of Msci Inc which is valued at $2,145,342. Msci Inc makes up approx 0.55% of Globeflex Capital L P’s portfolio.Vanguard Group Inc boosted its stake in MSCI in the latest quarter, The investment management firm added 299,281 additional shares and now holds a total of 7,829,876 shares of Msci Inc which is valued at $675,640,000. Msci Inc makes up approx 0.04% of Vanguard Group Inc’s portfolio.Td Asset Management Inc reduced its stake in MSCI by selling 700 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 105,300 shares of MSCI which is valued at $9,142,146. Msci Inc makes up approx 0.02% of Td Asset Management Inc’s portfolio.
Msci Inc opened for trading at $87.7 and hit $87.98 on the upside on Tuesday, eventually ending the session at $87.65, with a gain of 0.31% or 0.27 points. The heightened volatility saw the trading volume jump to 3,14,025 shares. Company has a market cap of $8,294 M.
On the company’s financial health, Msci Inc reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.72. The company had revenue of $290.60 million for the quarter, compared to analysts expectations of $286.45 million. The company’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
Many Wall Street Analysts have commented on Msci Inc. Credit Suisse Initiated Msci Inc on Jul 12, 2016 to “Outperform”, Price Target of the shares are set at $88.
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 Companys 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.