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MSCI Inc. beat earnings estimates, as major investors adjusted their stakes in the company.
B. Metzler Seel.
Sohn & Co. AG and Allstate Corp reduced and increased their holdings in MSCI Inc., respectively.
MSCI, which provides tools for investment processes, reported earnings per share of $4.18, beating estimates by $0.22.
The company's stock, worth about $558 on Monday, has a market cap of $43.33 billion, a price-to-earnings ratio of 39.69, and a dividend yield of 1.29%.
Analysts forecast MSCI to post $16.86 earnings per share this year with a consensus target price of $649.23.
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MSCI Inc. superó las estimaciones de ganancias, ya que los principales inversores ajustaron sus participaciones en la compañía.