Martin Investment Management Lowers stake in Msci Inc (MSCI)

Msci Inc (MSCI) : Martin Investment Management reduced its stake in Msci Inc by 9.7% during the most recent quarter end. The investment management company now holds a total of 338,275 shares of Msci Inc which is valued at $28,053,146 after selling 36,346 shares in Msci Inc , the firm said in a disclosure report filed with the SEC on Jul 21, 2016.Msci Inc makes up approximately 4.53% of Martin Investment Management’s portfolio.

Other Hedge Funds, Including , Ls Investment Advisors boosted its stake in MSCI in the latest quarter, The investment management firm added 2,368 additional shares and now holds a total of 9,098 shares of Msci Inc which is valued at $754,497. Msci Inc makes up approx 0.05% of Ls Investment Advisors’s portfolio.Nordea Investment Management Ab boosted its stake in MSCI in the latest quarter, The investment management firm added 21,070 additional shares and now holds a total of 23,220 shares of Msci Inc which is valued at $1,917,043. Msci Inc makes up approx 0.01% of Nordea Investment Management Ab’s portfolio.Capstone Asset Management Co boosted its stake in MSCI in the latest quarter, The investment management firm added 550 additional shares and now holds a total of 10,217 shares of Msci Inc which is valued at $832,686. Msci Inc makes up approx 0.02% of Capstone Asset Management Co’s portfolio.

Msci Inc opened for trading at $83.92 and hit $85.33 on the upside on Thursday, eventually ending the session at $84.85, with a gain of 1.62% or 1.35 points. The heightened volatility saw the trading volume jump to 6,44,194 shares. Company has a market cap of $8,188 M.

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.

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 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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