Msci Inc (MSCI) : Independent Franchise Partners Llp has sold out all of its stake in Msci Inc during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 1,594,259 shares of Msci Inc which is valued at $135,480,130.
Other Hedge Funds, Including , Utah Retirement Systems reduced its stake in MSCI by selling 1,800 shares or 9.79% in the most recent quarter. The Hedge Fund company now holds 16,589 shares of MSCI which is valued at $1,409,733. Msci Inc makes up approx 0.04% of Utah Retirement Systems’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in MSCI by selling 1,340 shares or 5.84% in the most recent quarter. The Hedge Fund company now holds 21,619 shares of MSCI which is valued at $1,860,099. Msci Inc makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.Creative Planning boosted its stake in MSCI in the latest quarter, The investment management firm added 55 additional shares and now holds a total of 309 shares of Msci Inc which is valued at $25,184.Weaver C. Barksdale Associates reduced its stake in MSCI by selling 33,678 shares or 99.76% in the most recent quarter. The Hedge Fund company now holds 82 shares of MSCI which is valued at $6,683. Msci Inc makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.
Msci Inc closed down -0.71 points or -0.82% at $86.11 with 2,50,641 shares getting traded on Monday. Post opening the session at $86.71, the shares hit an intraday low of $85.98 and an intraday high of $87.11 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 $0.77 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.