Fintel reports that on July 27, 2023, Goldman Sachs maintained coverage of MSCI (NYSE:MSCI) with a Neutral recommendation.
Analyst Price Forecast Suggests 0.57% Downside
As of July 6, 2023, the average one-year price target for MSCI is 554.08. The forecasts range from a low of 474.70 to a high of $630.00. The average price target represents a decrease of 0.57% from its latest reported closing price of 557.25.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for MSCI is 2,482MM, an increase of 5.61%. The projected annual non-GAAP EPS is 12.83.
What is the Fund Sentiment?
There are 1774 funds or institutions reporting positions in MSCI. This is an increase of 71 owner(s) or 4.17% in the last quarter. Average portfolio weight of all funds dedicated to MSCI is 0.45%, an increase of 3.34%. Total shares owned by institutions decreased in the last three months by 0.69% to 89,049K shares. 
The put/call ratio of MSCI is 0.86, indicating a bullish outlook.
What are Other Shareholders Doing?
Massachusetts Financial Services holds 3,097K shares representing 3.87% ownership of the company. In it's prior filing, the firm reported owning 3,069K shares, representing an increase of 0.91%. The firm decreased its portfolio allocation in MSCI by 81.75% over the last quarter.
Alliancebernstein holds 2,610K shares representing 3.26% ownership of the company. In it's prior filing, the firm reported owning 2,383K shares, representing an increase of 8.73%. The firm increased its portfolio allocation in MSCI by 6.22% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,351K shares representing 2.94% ownership of the company. In it's prior filing, the firm reported owning 2,308K shares, representing an increase of 1.82%. The firm increased its portfolio allocation in MSCI by 13.16% over the last quarter.
Bamco holds 2,173K shares representing 2.71% ownership of the company. In it's prior filing, the firm reported owning 2,174K shares, representing a decrease of 0.06%. The firm increased its portfolio allocation in MSCI by 7.50% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 1,866K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 1,848K shares, representing an increase of 0.93%. The firm increased its portfolio allocation in MSCI by 12.63% over the last quarter.
MSCI Background Information
(This description is provided by the company.)
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI powers better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. MSCI creates industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.
Additional reading:
- MSCI Reports Financial Results for Second Quarter and Six Months 2023
- Form of Award Agreement for Restricted Stock Units for Directors Under the MSCI Inc. 2016 Non-Employee Directors Compensation Plan
- MSCI Reports Financial Results for First Quarter 2023
- Summary of Non-Employee Director Compensation
- Non-Employee Director Stock Ownership Guidelines
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
