Market Sentiment on MSCI – A Shift Detected?

Shares of MSCI rose to $605.86 during today's afternoon trading session. Despite the 10.0% change, the large-cap Business Services company still trades 5.05% above its average analyst target price of $576.75. So there may be further downside for the Business Services stock. MSCI has target prices ranging from $460.0 to $640.0 per share, and its average rating is buy.

The stock has a very low short interest at 1.1%, and a short ratio of 1.96. The company's insiders own 3.13% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 93.4% of MSCI's shares being owned by this investor type.

Institutions Invested in MSCI

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 11% 8,597,416 $5,208,830,331
2023-09-30 Blackrock Inc. 9% 6,769,246 $4,101,215,282
2023-09-30 State Street Corporation 4% 3,151,623 $1,909,442,264
2023-09-30 Massachusetts Financial Services Co. 3% 2,477,563 $1,501,056,282
2023-09-30 Alliancebernstein L.P. 3% 2,362,933 $1,431,606,552
2023-09-30 BAMCO Inc. 3% 2,260,105 $1,369,307,182
2023-09-30 Capital Research Global Investors 3% 2,181,522 $1,321,696,886
2023-09-30 FMR, LLC 2% 1,893,728 $1,147,334,018
2023-09-30 Geode Capital Management, LLC 2% 1,694,767 $1,026,791,509
2023-09-30 Capital International Investors 2% 1,574,107 $953,688,443

Besides an analyst consensus of little upside potential, other market factors point to there being positive market sentiment on MSCI.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.