Impact Capital Partners LLC Has $514,000 Holdings in Morgan Stanley (NYSE:MS)

Impact Capital Partners LLC cut its stake in shares of Morgan Stanley (NYSE:MS - Free Report) by 42.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,403 shares of the financial services provider's stock after selling 3,182 shares during the period. Impact Capital Partners LLC's holdings in Morgan Stanley were worth $514,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Minot DeBlois Advisors LLC bought a new position in shares of Morgan Stanley during the fourth quarter worth approximately $25,000. IAG Wealth Partners LLC bought a new position in shares of Morgan Stanley during the fourth quarter worth approximately $28,000. Curio Wealth LLC bought a new position in shares of Morgan Stanley during the fourth quarter worth approximately $31,000. Ancora Advisors LLC increased its holdings in shares of Morgan Stanley by 104.7% during the fourth quarter. Ancora Advisors LLC now owns 264 shares of the financial services provider's stock worth $33,000 after purchasing an additional 135 shares during the period. Finally, Crowley Wealth Management Inc. bought a new position in shares of Morgan Stanley during the fourth quarter worth approximately $34,000. 84.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MS shares. Wells Fargo & Company lowered their target price on shares of Morgan Stanley from $130.00 to $120.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. Bank of America lowered their target price on shares of Morgan Stanley from $150.00 to $144.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Evercore ISI decreased their price objective on shares of Morgan Stanley from $150.00 to $138.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 1st. The Goldman Sachs Group decreased their price objective on shares of Morgan Stanley from $144.00 to $126.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 19th. Finally, JMP Securities reissued a "market perform" rating on shares of Morgan Stanley in a research note on Monday, April 14th. Eleven equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $132.46.

Morgan Stanley Stock Performance

NYSE MS opened at $131.89 on Friday. The firm's fifty day moving average price is $118.66 and its two-hundred day moving average price is $125.25. The stock has a market cap of $211.59 billion, a PE ratio of 16.61, a PEG ratio of 1.18 and a beta of 1.29. Morgan Stanley has a fifty-two week low of $90.94 and a fifty-two week high of $142.03. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.80 and a current ratio of 0.80.

Morgan Stanley (NYSE:MS - Get Free Report) last posted 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. The firm had revenue of $17.74 billion for the quarter, compared to analysts' expectations of $16.81 billion. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The company's revenue was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.02 earnings per share. On average, equities analysts expect that Morgan Stanley will post 8.56 EPS for the current fiscal 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 dividend of $0.925 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.81%. Morgan Stanley's payout ratio is presently 43.43%.

Insiders Place Their Bets

In other news, insider Andrew M. Saperstein sold 40,000 shares of Morgan Stanley stock in a transaction 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 transaction, the insider now owns 335,765 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric F. Grossman sold 10,068 shares of Morgan Stanley stock in a transaction 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 transaction, the insider now owns 199,274 shares in the company, valued at approximately $22,248,942.10. This trade represents a 4.81% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,868 shares of company stock valued at $6,019,548. 0.19% of the stock is currently owned by insiders.

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.

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