Will MSCI Inc. (MSCI) Short Squeeze Soon? The Stock Formed a Bullish Double Top Pattern

May 17, 2018 - By Jason Grubb


Investors sentiment is 1.32 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 12 investors sold MSCI Inc. shares while 118 reduced holdings. only 56 funds opened positions while 116 raised stakes. 79.53 million shares or 2.23% less from 81.35 million shares in 2017Q3 were reported.
12,205 are held by Eqis Cap Mngmt. Segantii Capital Mngmt invested in 0.23% or 5,800 shares. 71 were reported by Brandywine Investment Mngmt Limited Com. Winslow Evans Crocker invested 0.09% of its portfolio in MSCI Inc. (NYSE:MSCI). Legal General Grp Inc Public Limited Liability Corporation holds 0.01% or 159,120 shares. Moreover, Kayne Anderson Rudnick Invest Ltd Llc has 0.45% invested in MSCI Inc. (NYSE:MSCI). Aqr Mgmt Ltd Liability Corp invested 0.08% of its portfolio in MSCI Inc. (NYSE:MSCI). Wells Fargo Communications Mn reported 278,472 shares stake. Amundi Pioneer Asset Mgmt Inc holds 76,743 shares or 0.01% of its portfolio. Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 3,800 shares. State Treasurer State Of Michigan has invested 0.03% of its portfolio in MSCI Inc. (NYSE:MSCI). State Of Alaska Department Of Revenue invested 0.03% of its portfolio in MSCI Inc. (NYSE:MSCI). Strategic Advisors Ltd Liability Corporation accumulated 15,085 shares or 0.62% of the stock. Moreover, Veritable Ltd Partnership has 0.01% invested in MSCI Inc. (NYSE:MSCI) for 2,177 shares. Echo Street Mngmt Ltd Liability, New York-based fund reported 75,063 shares.

Since May 7, 2018, it had 0 buys, and 2 insider sales for $1.03 million activity. Crum Scott A also sold $510,345 worth of MSCI Inc. (NYSE:MSCI) on Monday, May 7.

The chart of MSCI Inc. (MSCI) shows a double top with $166.41 target or 6.00 % above today’s $156.99 share price. The 9 months chart pattern indicates low risk for the $13.98 billion company. It was reported on May, 17 by Finviz.com. If the $166.41 price target is reached, the company will be worth $838.56M more. Double tops are rare but powerful chart patterns.

The stock decreased 0.60% or $0.95 during the last trading session, reaching $156.99. About 178,480 shares traded. MSCI Inc. (NYSE:MSCI) has risen 59.43% since May 17, 2017 and is uptrending. It has outperformed by 47.88% the S&P500.

Analysts await MSCI Inc. (NYSE:MSCI) to report earnings on August, 2. They expect $1.29 earnings per share, up 35.79 % or $0.34 from last year’s $0.95 per share. MSCI’s profit will be $114.84M for 30.42 P/E if the $1.29 EPS becomes a reality. After $1.31 actual earnings per share reported by MSCI Inc. for the previous quarter, Wall Street now forecasts -1.53 % negative EPS growth.

MSCI Inc. (NYSE:MSCI) Ratings Coverage

Among 2 analysts covering MSCI (NYSE:MSCI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. MSCI had 3 analyst reports since January 31, 2018 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, May 4. The stock has “Buy” rating by UBS on Friday, March 2. On Wednesday, January 31 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

More notable recent MSCI Inc. (NYSE:MSCI) news were published by: Businesswire.com which released: “MSCI Launches Private Offering of $500 Million Senior Notes Due 2026” on May 14, 2018, also Businesswire.com with their article: “MSCI Equity Indexes May 2018 Index Review” published on May 14, 2018, Seekingalpha.com published: “MSCI (MSCI) Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. More interesting news about MSCI Inc. (NYSE:MSCI) were released by: Businesswire.com and their article: “MSCI Prices $500 Million 5.375% Senior Notes Due 2027” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “MSCI, Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 03, 2018.

MSCI Inc., together with its subsidiaries, provides services and products to support the needs of institutional investors throughout their investment processes worldwide. The company has market cap of $13.98 billion. The firm operates through four divisions: Index, Analytics, ESG, and Real Estate. It has a 47.43 P/E ratio. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

MSCI Inc. (NYSE:MSCI) Institutional Positions Chart

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