Jupiter Wealth Management LLC Has $6.06 Million Stock Holdings in Morgan Stanley (NYSE:MS)

Jupiter Wealth Management LLC grew its holdings in shares of Morgan Stanley (NYSE:MS - Free Report) by 5.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,226 shares of the financial services provider's stock after buying an additional 2,298 shares during the period. Morgan Stanley makes up 3.0% of Jupiter Wealth Management LLC's investment portfolio, making the stock its 9th largest holding. Jupiter Wealth Management LLC's holdings in Morgan Stanley were worth $6,063,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. North Star Asset Management Inc. acquired a new stake in Morgan Stanley in the fourth quarter worth $261,000. CTC Alternative Strategies Ltd. bought a new position in shares of Morgan Stanley during the 4th quarter worth about $225,000. Strait & Sound Wealth Management LLC grew its stake in shares of Morgan Stanley by 3.4% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 5,802 shares of the financial services provider's stock valued at $729,000 after buying an additional 192 shares during the period. Breakthru Advisory Services LLC bought a new stake in Morgan Stanley in the 4th quarter valued at about $357,000. Finally, Breed s Hill Capital LLC increased its position in Morgan Stanley by 156.8% in the 4th quarter. Breed s Hill Capital LLC now owns 5,239 shares of the financial services provider's stock valued at $659,000 after buying an additional 3,199 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company's stock.

Insider Activity at Morgan Stanley

In other Morgan Stanley news, Director Robert H. Herz sold 800 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $119.32, for a total value of $95,456.00. Following the transaction, the director now directly owns 96,760 shares in the company, valued at $11,545,403.20. The trade was a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Andrew M. Saperstein sold 40,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $120.00, for a total transaction of $4,800,000.00. Following the sale, the insider now owns 335,765 shares of the company's stock, valued at approximately $40,291,800. The trade was a 10.64% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 50,868 shares of company stock worth $6,019,548. 0.19% of the stock is owned by company insiders.

Morgan Stanley Stock Performance

Shares of NYSE MS traded up $3.08 during midday trading on Tuesday, reaching $129.15. The company's stock had a trading volume of 5,472,383 shares, compared to its average volume of 6,707,645. The stock has a market capitalization of $207.20 billion, a P/E ratio of 16.27, a PEG ratio of 1.18 and a beta of 1.30. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a 50 day moving average price of $117.04 and a 200-day moving average price of $125.44. Morgan Stanley has a 12-month low of $90.94 and a 12-month high of $142.03.

Morgan Stanley (NYSE:MS - Get Free Report) last posted its quarterly earnings data on Friday, April 11th. The financial services provider reported $2.60 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.39. The business had revenue of $17.74 billion for the quarter, compared to analysts' expectations of $16.81 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The business's revenue was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.02 earnings per share. As a group, equities analysts predict that Morgan Stanley will post 8.56 earnings per share for the current year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were issued a $0.925 dividend. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend was Wednesday, April 30th. Morgan Stanley's dividend payout ratio (DPR) is currently 43.43%.

Analysts Set New Price Targets

MS has been the subject of a number of research reports. Wells Fargo & Company reduced their price objective on Morgan Stanley from $130.00 to $120.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. JMP Securities restated a "market perform" rating on shares of Morgan Stanley in a research note on Monday, April 14th. The Goldman Sachs Group lowered their price objective on shares of Morgan Stanley from $144.00 to $126.00 and set a "neutral" rating on the stock in a report on Wednesday, March 19th. Evercore ISI dropped 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. Finally, Citigroup decreased their target price on shares of Morgan Stanley from $135.00 to $125.00 and set a "neutral" rating for the company in a research report on Monday, March 24th. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $132.46.

Morgan Stanley Company 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.