Hartford Investment Management Co. has recently reduced its holdings in MSCI by 35.8% during Q4 of 2020, as per its recent Form 13F filing with the SEC. The prestigious investment firm owned about 5,877 shares of the company’s stocks before selling 3,274 shares in the following quarter, putting the calculated worth at $2,734,000 at the SEC’s latest filing.
MSCI’s investors have received a significant boost as their last quarterly dividend was paid out at an increased rate of $1.38 per share as compared to the previous rate of $1.25 per share. The company’s shares have also gained positive feedback from equities research analysts who have conducted comprehensive research and reported positive feedback through stock market charts to make MSCI one of the best performing technology firms in America.
Barclays and Deutsche Bank Aktiengesellschaft have raised their price targets on MSCI's shares, giving them an "overweight" rating, while StockNews.com advises consumers to buy shares of the company. Raymond James analysts have issued a "hold" rating for MSCI shares, while Morgan Stanley has recognized MSCI's fine performance by raising their target price on the shares.
According to data from Bloomberg and other trusted financial institutions, MSCI shares currently have an average rating of "Moderate Buy" with an average price target of $558.90 per share.