Autumn Glory Partners LLC Has $529,000 Position in Morgan Stanley (NYSE:MS)

Autumn Glory Partners LLC trimmed its stake in Morgan Stanley (NYSE:MS - Free Report) by 45.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,535 shares of the financial services provider's stock after selling 3,842 shares during the period. Autumn Glory Partners LLC's holdings in Morgan Stanley were worth $529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MS. Minot DeBlois Advisors LLC acquired a new stake in shares of Morgan Stanley during the 4th quarter valued at about $25,000. IAG Wealth Partners LLC acquired a new stake in shares of Morgan Stanley during the 4th quarter valued at about $28,000. Curio Wealth LLC acquired a new stake in shares of Morgan Stanley during the 4th quarter valued at about $31,000. Ancora Advisors LLC boosted its position in shares of Morgan Stanley by 104.7% during the 4th quarter. Ancora Advisors LLC now owns 264 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 135 shares in the last quarter. Finally, Crowley Wealth Management Inc. acquired a new stake in shares of Morgan Stanley during the 4th quarter valued at about $34,000. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Morgan Stanley Price Performance

Shares of NYSE MS traded up $0.04 during trading on Friday, reaching $132.56. The company had a trading volume of 8,899,235 shares, compared to its average volume of 6,705,543. Morgan Stanley has a 52 week low of $90.94 and a 52 week high of $142.03. The stock has a market cap of $212.67 billion, a PE ratio of 15.56, a PEG ratio of 1.21 and a beta of 1.29. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.78 and a current ratio of 0.78. The business's 50 day moving average price is $123.65 and its 200-day moving average price is $125.21.

Morgan Stanley (NYSE:MS - Get Free Report) last announced its earnings results on Friday, April 11th. The financial services provider reported $2.60 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.39. Morgan Stanley had a net margin of 12.98% and a return on equity of 14.98%. The company had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $16.81 billion. During the same period in the previous year, the firm posted $2.02 earnings per share. The company's revenue was up 17.2% on a year-over-year basis. Analysts expect that Morgan Stanley will post 8.56 earnings per share for the current year.

Morgan Stanley Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th were paid a $0.925 dividend. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend was Wednesday, April 30th. Morgan Stanley's dividend payout ratio is presently 43.43%.

Analyst Upgrades and Downgrades

MS has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Morgan Stanley from $125.00 to $122.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Citigroup reissued a "neutral" rating and set a $130.00 price target (up from $125.00) on shares of Morgan Stanley in a report on Wednesday. The Goldman Sachs Group lifted their price target on shares of Morgan Stanley from $121.00 to $136.00 and gave the company a "neutral" rating in a report on Tuesday, June 10th. Wells Fargo & Company cut their price target on shares of Morgan Stanley from $130.00 to $120.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Finally, JMP Securities reissued a "market perform" rating on shares of Morgan Stanley in a report on Monday, April 14th. Eleven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $133.62.

Insiders Place Their Bets

In related news, insider Andrew M. Saperstein sold 40,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $120.00, for a total transaction of $4,800,000.00. Following the completion of the sale, the insider now directly owns 335,765 shares of the company's stock, valued at $40,291,800. The trade was a 10.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Eric F. Grossman sold 10,068 shares of the business'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 of the company's stock, valued at approximately $22,248,942.10. This trade represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,868 shares of company stock valued at $6,019,548. Insiders own 0.19% of the company's stock.

Morgan Stanley Profile

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.