4,670 Shares in Morgan Stanley $MS Purchased by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors LLC initiated a Morgan Stanley position by purchasing 4,670 shares valued at approximately $976,000. Institutional investors collectively own 84.19% of the company.
• Morgan Stanley reported strong quarterly results, with EPS of $3.46 and revenue of $21.35 billion, exceeding analyst expectations; revenue increased 27.1% year over year.
• The company authorized a $20 billion share-repurchase program and raised its quarterly dividend to $1.15, equivalent to a 2.1% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $224.75.

Great Lakes Advisors LLC bought a new stake in Morgan Stanley (NYSE:MS - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,670 shares of the financial services provider's stock, valued at approximately $976,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Crown Wealth Group LLC raised its position in shares of Morgan Stanley by 3.2% in the second quarter. Crown Wealth Group LLC now owns 1,532 shares of the financial services provider's stock valued at $320,000 after buying an additional 48 shares during the last quarter. Hughes Financial Services LLC grew its stake in Morgan Stanley by 55.7% in the 2nd quarter. Hughes Financial Services LLC now owns 137 shares of the financial services provider's stock worth $29,000 after acquiring an additional 49 shares during the period. Evolution Wealth Management Inc. grew its stake in Morgan Stanley by 35.7% in the 2nd quarter. Evolution Wealth Management Inc. now owns 194 shares of the financial services provider's stock worth $41,000 after acquiring an additional 51 shares during the period. Financial Management Professionals Inc. raised its holdings in Morgan Stanley by 0.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 8,245 shares of the financial services provider's stock valued at $1,724,000 after acquiring an additional 52 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC raised its holdings in Morgan Stanley by 12.3% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 502 shares of the financial services provider's stock valued at $89,000 after acquiring an additional 55 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Morgan Stanley Stock Performance

Shares of NYSE:MS opened at $214.42 on Friday. The firm has a market capitalization of $338.20 billion, a PE ratio of 17.33, a P/E/G ratio of 1.52 and a beta of 1.22. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50-day moving average of $217.16 and a two-hundred day moving average of $194.12. Morgan Stanley has a 12 month low of $144.67 and a 12 month high of $232.25.

Morgan Stanley (NYSE:MS - Get Free Report) last released its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $2.89 by $0.57. The company had revenue of $21.35 billion for the quarter, compared to the consensus estimate of $19.67 billion. Morgan Stanley had a return on equity of 19.31% and a net margin of 15.65%.The company's quarterly revenue was up 27.1% compared to the same quarter last year. During the same period last year, the business posted $2.13 EPS. As a group, research analysts forecast that Morgan Stanley will post 12.79 earnings per share for the current year.

Morgan Stanley announced that its board has initiated a stock repurchase program on Wednesday, June 24th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the financial services provider to purchase up to 5.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Morgan Stanley Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a $1.15 dividend. The ex-dividend date was Friday, July 31st. This is a positive change from Morgan Stanley's previous quarterly dividend of $1.00. This represents a $4.60 annualized dividend and a yield of 2.1%. Morgan Stanley's payout ratio is 37.19%.

Morgan Stanley News Summary

Here are the key news stories impacting Morgan Stanley this week:

• Positive Sentiment: Morgan Stanley raised its gold outlook, arguing that gold’s recent breakout could extend higher and forecasting prices above $5,000 per ounce by 2027. A stronger commodities outlook could benefit the firm’s trading, wealth-management and investment-banking businesses. Morgan Stanley Doubles Down on Gold After Breakout
• Positive Sentiment: Morgan Stanley reportedly selected Dallas for a major expansion outside New York City. The move could improve long-term operating flexibility, expand access to talent and support growth in a lower-cost financial center. Morgan Stanley said to pick Dallas for expansion outside NYC
• Positive Sentiment: The firm continues to position itself in emerging investment products, including an Ethereum exchange-traded product that offers staking yield. This may broaden fee-generating opportunities and strengthen Morgan Stanley’s digital-asset platform.
• Neutral Sentiment: Morgan Stanley’s research highlighted a projected 38-gigawatt power shortfall for AI data centers, identifying potential opportunities in industrial, energy and infrastructure financing. The report may support future advisory and capital-markets activity, but it does not represent a direct earnings catalyst. Morgan Stanley Says AI Data Centers Face a 38-Gigawatt Power Gap
• Negative Sentiment: The Ethereum product also exposes investors to staking-related risks, including slashing penalties, provider risk and withdrawal delays. These concerns could limit adoption or increase reputational and operational risk. Morgan Stanley Put Ethereum Yield in an ETP. Who Carries the Risk?
• Negative Sentiment: Scotiabank hired Morgan Stanley’s top Canadian banker, a competitive setback that could affect Morgan Stanley’s Canadian investment-banking and precious-metals operations. Scotiabank hires Morgan Stanley’s top Canada banker Richard Tory

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Bank of America raised their price objective on Morgan Stanley from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Tuesday, July 7th. Wells Fargo & Company increased their target price on Morgan Stanley from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 16th. Evercore restated an "outperform" rating on shares of Morgan Stanley in a report on Monday, July 6th. HSBC upped their price objective on shares of Morgan Stanley from $190.00 to $215.00 and gave the company a "hold" rating in a research note on Tuesday, July 21st. Finally, BMO Capital Markets raised their target price on shares of Morgan Stanley from $240.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $224.75.

Morgan Stanley Company Profile

Morgan Stanley NYSE: MS is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company's chief executive and chairman in recent years.

The firm's primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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