Sun Sep 15 16:49:13 UTC 2024: ## DekaBank Reduces MSCI Holdings, Other Investors Increase Stakes

**New York, NY -** DekaBank Deutsche Girozentrale, a prominent institutional investor, trimmed its holdings in MSCI Inc. (NYSE: MSCI) by 9.2% in the second quarter, according to HoldingsChannel.com. The bank sold 5,939 shares, leaving it with 58,688 shares worth $28,557,000.

This move comes as other institutional investors have been increasing their stakes in MSCI. Norges Bank, for example, acquired a new stake worth $496,541,000 in the fourth quarter. Principal Financial Group Inc. significantly boosted its stake by 74.9%, now owning 1,456,194 shares worth $701,522,000. PineStone Asset Management Inc. also increased its holdings by 129.4%, owning 730,986 shares worth $352,153,000. Public Employees Retirement Association of Colorado saw a massive increase of 3,600% in its stake, now owning 253,636 shares worth $143,469,000.

MSCI Inc. provides investment decision support tools and solutions globally. Its key services include index development for various investment products and performance benchmarking.

Shares of MSCI opened at $561.93 on Friday, with a 12-month low of $439.95 and a 12-month high of $617.39. The company’s dividend payout ratio is currently 43.69%.

Analyst sentiment remains positive for MSCI, with seven analysts rating the stock as a “hold” and nine issuing a “buy” rating. This translates to a “Moderate Buy” consensus rating with an average target price of $591.00, according to MarketBeat.com.

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