8,500 Morgan Stanley $MS Shares Acquired by Consolidated Investment Group LLC

Key Points

• Consolidated Investment Group increased its Morgan Stanley stake by 16.7% in the third quarter, buying 8,500 shares and bringing its holdings to 59,540 shares, valued at about $11.2 million.
• Morgan Stanley beat quarterly earnings expectations, reporting $3.03 in EPS and $20.34 billion in revenue; revenue rose 11.6% year over year.
• The company declared a quarterly dividend of $1.15 per share, equivalent to an annualized yield of about 2.5%. Analysts’ consensus rating was “Moderate Buy,” with a $214.81 consensus price target.

Consolidated Investment Group LLC boosted its holdings in Morgan Stanley (NYSE:MS - Free Report) by 16.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,540 shares of the financial services provider's stock after purchasing an additional 8,500 shares during the quarter. Morgan Stanley makes up 1.0% of Consolidated Investment Group LLC's portfolio, making the stock its 16th biggest holding. Consolidated Investment Group LLC's holdings in Morgan Stanley were worth $11,198,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MS. Mitsubishi UFJ Financial Group Inc. purchased a new stake in shares of Morgan Stanley during the 2nd quarter valued at $78,825,883,310. Bank of America Corp DE increased its holdings in shares of Morgan Stanley by 0.5% during the 1st quarter. Bank of America Corp DE now owns 16,326,676 shares of the financial services provider's stock worth $2,686,881,000 after buying an additional 87,533 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Morgan Stanley by 1.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,206,144 shares of the financial services provider's stock worth $2,342,532,000 after buying an additional 188,296 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Morgan Stanley in the 2nd quarter worth $2,040,227,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Morgan Stanley by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,235,756 shares of the financial services provider's stock worth $1,190,585,000 after buying an additional 65,739 shares during the period. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

More Morgan Stanley News

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

• Positive Sentiment: Vinyl Equity adds tools for cap-table management, equity administration and share transfers across private and public markets. The acquisition also includes digital-asset infrastructure, supporting Morgan Stanley’s effort to connect company equity services with its wealth-management business. Financial terms were not disclosed. Morgan Stanley to Acquire Digital-Native Transfer Agent Vinyl Equity
• Positive Sentiment: The strategic rationale is the opportunity to serve companies and employees through the IPO process and beyond. Coverage cited IPO-related flows as a meaningful contributor to Morgan Stanley’s recent wealth-asset inflows, though the potential benefits depend on IPO activity and successful integration of Vinyl. Morgan Stanley buys Vinyl Equity to capture more IPO wealth
• Neutral Sentiment: A separate report says Morgan Stanley is trimming exposure to data-center construction loans as AI financing shifts toward private-credit funds and asset managers. This changes the bank’s exposure to the sector, but the article does not quantify the financial impact. Morgan Stanley Trims Data Center Loan Exposure As AI Financing Shifts

Morgan Stanley Price Performance

Morgan Stanley stock opened at $187.13 on Tuesday. Morgan Stanley has a 52-week low of $152.80 and a 52-week high of $232.25. The firm has a fifty day moving average of $194.66 and a 200-day moving average of $194.33. The firm has a market capitalization of $295.15 billion, a P/E ratio of 14.85, a PEG ratio of 1.30 and a beta of 1.23. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 3.65.

Morgan Stanley (NYSE:MS - Get Free Report) last issued its earnings results on Wednesday, October 14th. The financial services provider reported $3.03 EPS for the quarter, beating analysts' consensus estimates of $2.93 by $0.10. The business had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $19.93 billion. Morgan Stanley had a net margin of 15.63% and a return on equity of 19.40%. The business's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.80 EPS. As a group, analysts predict that Morgan Stanley will post 12.83 EPS for the current year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be issued a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, October 30th. Morgan Stanley's dividend payout ratio is currently 36.51%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MS. BMO Capital Markets reduced their target price on Morgan Stanley from $215.00 to $210.00 and set an "outperform" rating on the stock in a report on Monday, October 19th. Citigroup dropped their price target on Morgan Stanley from $210.00 to $190.00 and set a "neutral" rating for the company in a research note on Thursday, October 15th. UBS Group raised their price objective on Morgan Stanley from $236.00 to $240.00 and gave the stock a "buy" rating in a report on Monday, November 2nd. Freedom Capital upgraded Morgan Stanley from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. Finally, Wells Fargo & Company reduced their price objective on Morgan Stanley from $223.00 to $217.00 and set an "equal weight" rating on the stock in a research note on Thursday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Morgan Stanley currently has a consensus rating of "Moderate Buy" and a consensus price target of $214.81.

Morgan Stanley Company Profile

Morgan Stanley is a global financial services company that provides investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individuals.

Its Institutional Securities business offers services such as financial advisory, capital raising, sales and trading, and research. The company also provides financial planning, brokerage and banking services through its Wealth Management business, while its Investment Management business offers investment strategies and portfolio management to a range of clients.

Founded in 1935, Morgan Stanley serves clients in the United States and across international markets, including Europe, the Middle East, Africa and Asia.

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