Msci Inc (MSCI) Agrees To Appoint ValueAct Capital’s Representatives To Board

Recently, ValueAct Capital disclosed a new stake in the $25 billion oilfield services company Baker Hughes Incorporated (NYSE:BHI). ValueAct reported holding an activist stake amassing 21.95 million shares of the company, representing 5.1% of the outstanding common stock.

Msci Inc (NYSE:MSCI) is engaged in providing investment decision support tools, including indices, portfolio risk and performance analytics and corporate governance products and services. The company has a market cap of nearly $6 billion, and pays an annual dividend of $0.72, on a yield of 1.35. Msci Inc (NYSE:MSCI) stock moved up more than 24% over the year. Currently, the stock trades at $53.48. Analysts have the consensus average target price of $51.75 for the stock, while the consensus average recommendation is ‘HOLD.’

Among the largest shareholders of Msci Inc (NYSE:MSCI) is Generation Investment Management, led by David Blood and Al Gore, which reported holding 9.85 million shares of the company at the end of September 2014. Another investor Stockbridge Partners, run by Sharlyn C. Heslam, disclosed ownership of 2.66 million shares of the company.

Disclosure: none