Capital International Sarl trimmed its position in shares of Morgan Stanley (NYSE:MS - Free Report) by 87.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,243 shares of the financial services provider's stock after selling 48,457 shares during the quarter. Capital International Sarl's holdings in Morgan Stanley were worth $1,286,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of MS. Farther Finance Advisors LLC raised its position in shares of Morgan Stanley by 40.1% during the 4th quarter. Farther Finance Advisors LLC now owns 29,744 shares of the financial services provider's stock worth $5,281,000 after acquiring an additional 8,512 shares in the last quarter. Bahl & Gaynor Inc. raised its position in shares of Morgan Stanley by 103.1% during the 3rd quarter. Bahl & Gaynor Inc. now owns 12,700 shares of the financial services provider's stock worth $2,019,000 after acquiring an additional 6,448 shares in the last quarter. ABN Amro Investment Solutions raised its position in shares of Morgan Stanley by 52.6% during the 3rd quarter. ABN Amro Investment Solutions now owns 113,504 shares of the financial services provider's stock worth $18,043,000 after acquiring an additional 39,104 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of Morgan Stanley by 3.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 157,575 shares of the financial services provider's stock worth $25,048,000 after acquiring an additional 5,876 shares in the last quarter. Finally, FNY Investment Advisers LLC raised its position in shares of Morgan Stanley by 679.8% during the 4th quarter. FNY Investment Advisers LLC now owns 42,400 shares of the financial services provider's stock worth $7,527,000 after acquiring an additional 36,963 shares in the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Morgan Stanley
Here are the key news stories impacting Morgan Stanley this week:
Insider Buying and Selling at Morgan Stanley
In other Morgan Stanley news, insider Eric F. Grossman sold 11,118 shares of Morgan Stanley stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $190.75, for a total value of $2,120,758.50. Following the transaction, the insider directly owned 169,403 shares in the company, valued at approximately $32,313,622.25. This trade represents a 6.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Andrew M. Saperstein sold 51,668 shares of Morgan Stanley stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $188.59, for a total value of $9,744,068.12. Following the completion of the transaction, the insider owned 282,142 shares in the company, valued at $53,209,159.78. This trade represents a 15.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 77,476 shares of company stock worth $14,644,762. 0.17% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on MS shares. Citizens Jmp reissued a "market perform" rating on shares of Morgan Stanley in a research report on Thursday, April 16th. Rothschild & Co Redburn raised their target price on Morgan Stanley from $171.00 to $183.00 and gave the stock a "neutral" rating in a research report on Friday, April 17th. Evercore lifted their price target on Morgan Stanley from $190.00 to $210.00 and gave the stock an "outperform" rating in a research report on Thursday, April 16th. Daiwa Securities Group lifted their price target on Morgan Stanley from $175.00 to $198.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 5th. Finally, Citigroup lifted their price target on Morgan Stanley from $170.00 to $194.00 and gave the stock a "neutral" rating in a research report on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $205.95.
Get Our Latest Stock Report on Morgan Stanley
Morgan Stanley Trading Up 0.2%
MS opened at $212.44 on Monday. The firm has a market cap of $335.07 billion, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 1.59 and a beta of 1.23. Morgan Stanley has a 52 week low of $128.81 and a 52 week high of $219.16. The business's 50 day moving average is $188.81 and its two-hundred day moving average is $179.18. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52.
Morgan Stanley (NYSE:MS - Get Free Report) last released its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $3.43 EPS for the quarter, topping the consensus estimate of $3.02 by $0.41. The company had revenue of $20.58 billion for the quarter, compared to analyst estimates of $19.23 billion. Morgan Stanley had a return on equity of 17.70% and a net margin of 14.65%.The firm's revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.60 earnings per share. On average, research analysts predict that Morgan Stanley will post 11.85 EPS for the current year.
Morgan Stanley Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, April 30th. Morgan Stanley's dividend payout ratio (DPR) is 36.23%.
About Morgan Stanley
(
Free Report)
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.
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