Deutsche Bank AG lifted its holdings in Morgan Stanley (NYSE:MS - Free Report) by 0.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,870,259 shares of the financial services provider's stock after buying an additional 3,118 shares during the period. Deutsche Bank AG owned about 0.30% of Morgan Stanley worth $612,289,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Lindbrook Capital LLC lifted its holdings in shares of Morgan Stanley by 1.2% in the 4th quarter. Lindbrook Capital LLC now owns 6,156 shares of the financial services provider's stock worth $774,000 after acquiring an additional 73 shares during the last quarter. 1ST Source Bank boosted its position in shares of Morgan Stanley by 0.5% during the fourth quarter. 1ST Source Bank now owns 15,925 shares of the financial services provider's stock valued at $2,002,000 after buying an additional 73 shares during the period. Moors & Cabot Inc. grew its stake in shares of Morgan Stanley by 1.6% during the fourth quarter. Moors & Cabot Inc. now owns 4,727 shares of the financial services provider's stock valued at $594,000 after buying an additional 76 shares during the last quarter. DGS Capital Management LLC raised its holdings in shares of Morgan Stanley by 1.8% in the fourth quarter. DGS Capital Management LLC now owns 4,408 shares of the financial services provider's stock worth $554,000 after buying an additional 77 shares during the period. Finally, Perfromance Wealth Partners LLC lifted its stake in shares of Morgan Stanley by 2.7% during the 4th quarter. Perfromance Wealth Partners LLC now owns 3,004 shares of the financial services provider's stock worth $378,000 after acquiring an additional 78 shares during the last quarter. Institutional investors own 84.19% of the company's stock.
Analyst Ratings Changes
MS has been the topic of several research reports. Bank of America cut their price target on Morgan Stanley from $150.00 to $144.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. Citigroup reduced their price target on shares of Morgan Stanley from $135.00 to $125.00 and set a "neutral" rating for the company in a report on Monday, March 24th. UBS Group lifted their price objective on shares of Morgan Stanley from $130.00 to $140.00 and gave the company a "neutral" rating in a report on Tuesday, January 21st. Barclays increased their target price on Morgan Stanley from $155.00 to $156.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. dropped their price objective on Morgan Stanley from $125.00 to $122.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Morgan Stanley presently has an average rating of "Hold" and an average price target of $132.46.
View Our Latest Analysis on MS
Insider Activity
In other Morgan Stanley news, insider Andrew M. Saperstein sold 40,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $120.00, for a total value of $4,800,000.00. Following the completion of the transaction, the insider now directly owns 335,765 shares of the company's stock, valued at approximately $40,291,800. The trade was a 10.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Eric F. Grossman sold 10,068 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $111.65, for a total transaction of $1,124,092.20. Following the sale, the insider now directly owns 199,274 shares in the company, valued at $22,248,942.10. The trade was a 4.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 50,868 shares of company stock valued at $6,019,548 in the last ninety days. Insiders own 0.19% of the company's stock.
Morgan Stanley Stock Performance
Shares of MS traded down $0.22 during trading hours on Friday, reaching $121.66. 4,240,066 shares of the company traded hands, compared to its average volume of 6,682,681. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. The business has a fifty day moving average price of $114.39 and a 200-day moving average price of $124.80. Morgan Stanley has a 12-month low of $90.94 and a 12-month high of $142.03. The stock has a market capitalization of $195.18 billion, a P/E ratio of 15.32, a P/E/G ratio of 1.18 and a beta of 1.30.
Morgan Stanley (NYSE:MS - Get Free Report) last posted its quarterly earnings results on Friday, April 11th. The financial services provider reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.39. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $16.81 billion. During the same quarter in the previous year, the business earned $2.02 EPS. The company's quarterly revenue was up 17.2% compared to the same quarter last year. Equities analysts anticipate that Morgan Stanley will post 8.56 EPS for the current fiscal year.
Morgan Stanley Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a yield of 3.04%. The ex-dividend date is Wednesday, April 30th. Morgan Stanley's payout ratio is 43.43%.
Morgan Stanley Company Profile
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Free Report)
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.
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