Msci Inc (MSCI) was Resumed by Credit Suisse to “Outperform”. Credit Suisse advised their investors in a research report released on Nov 21, 2016.
On the company’s financial health, Msci Inc reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.73. The company had revenue of $288.43 million for the quarter, compared to analysts expectations of $289.12 million. The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.
Msci Inc opened for trading at $79.58 and hit $79.95 on the upside on Monday, eventually ending the session at $79.69, with a gain of 0.24% or 0.19 points. The heightened volatility saw the trading volume jump to 5,57,495 shares. Company has a market cap of $7,501 M.
In a different news, on Nov 9, 2016, Cd Baer Pettit (Chief Operating Officer) sold 2,087 shares at $80.50 per share price. According to the SEC, on Nov 1, 2016, Patrick Tierney (director) sold 3,500 shares at $80.39 per share price. On Sep 1, 2016, Benjamin F Dupont (director) sold 5,307 shares at $89.61 per share price, according to the Form-4 filing with the securities and exchange commission.
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.