CIBC Private Wealth Group LLC Has $11.03 Million Holdings in Msci Inc (MSCI)

Share on StockTwits

CIBC Private Wealth Group LLC trimmed its position in shares of Msci Inc (NYSE:MSCI) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 74,827 shares of the technology company’s stock after selling 218 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.09% of Msci worth $11,032,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Keybank National Association OH lifted its position in shares of Msci by 5.9% during the fourth quarter. Keybank National Association OH now owns 1,502 shares of the technology company’s stock valued at $221,000 after buying an additional 84 shares during the last quarter. ETF Managers Group LLC lifted its position in shares of Msci by 17.7% during the fourth quarter. ETF Managers Group LLC now owns 885 shares of the technology company’s stock valued at $130,000 after buying an additional 133 shares during the last quarter. Advisor Partners LLC lifted its position in shares of Msci by 9.4% during the fourth quarter. Advisor Partners LLC now owns 1,950 shares of the technology company’s stock valued at $287,000 after buying an additional 168 shares during the last quarter. CWM LLC lifted its position in shares of Msci by 252.9% during the fourth quarter. CWM LLC now owns 247 shares of the technology company’s stock valued at $36,000 after buying an additional 177 shares during the last quarter. Finally, Oakbrook Investments LLC lifted its position in shares of Msci by 2.1% during the fourth quarter. Oakbrook Investments LLC now owns 9,337 shares of the technology company’s stock valued at $1,377,000 after buying an additional 190 shares during the last quarter. 94.61% of the stock is owned by institutional investors and hedge funds.

MSCI opened at $174.87 on Thursday. Msci Inc has a 52-week low of $134.28 and a 52-week high of $184.22. The company has a debt-to-equity ratio of 6.80, a quick ratio of 2.75 and a current ratio of 2.75. The stock has a market cap of $15.17 billion, a PE ratio of 32.69, a P/E/G ratio of 2.88 and a beta of 1.11.

Msci (NYSE:MSCI) last posted its quarterly earnings data on Thursday, January 31st. The technology company reported $1.31 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.01. Msci had a net margin of 35.42% and a return on equity of 125.73%. The firm had revenue of $361.69 million for the quarter, compared to the consensus estimate of $360.95 million. On average, analysts anticipate that Msci Inc will post 5.98 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, February 22nd will be issued a dividend of $0.58 per share. The ex-dividend date of this dividend is Thursday, February 21st. This represents a $2.32 annualized dividend and a dividend yield of 1.33%. Msci’s dividend payout ratio (DPR) is currently 43.36%.

Several analysts have commented on the stock. Zacks Investment Research raised shares of Msci from a “hold” rating to a “buy” rating and set a $193.00 price target for the company in a research report on Tuesday, February 5th. Cantor Fitzgerald increased their price target on shares of Msci to $188.00 and gave the company a “buy” rating in a research report on Friday, February 1st. BMO Capital Markets set a $190.00 price target on shares of Msci and gave the company a “buy” rating in a research report on Saturday, February 2nd. UBS Group reissued a “buy” rating and set a $196.00 price target (up from $159.00) on shares of Msci in a research report on Friday, February 1st. Finally, Buckingham Research began coverage on shares of Msci in a report on Friday, January 25th. They set a “neutral” rating and a $171.00 price objective on the stock. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $181.50.

ILLEGAL ACTIVITY WARNING: “CIBC Private Wealth Group LLC Has $11.03 Million Holdings in Msci Inc (MSCI)” was originally published by Week Herald and is the property of of Week Herald. If you are accessing this report on another domain, it was illegally stolen and republished in violation of international copyright legislation. The correct version of this report can be read at https://weekherald.com/2019/02/14/cibc-private-wealth-group-llc-has-11-03-million-holdings-in-msci-inc-msci.html.

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.

Further Reading: Initial Public Offering (IPO)

Institutional Ownership by Quarter for Msci (NYSE:MSCI)

Receive News & Ratings for Msci Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Msci and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply