Bokf Na Decreases Stock Position in Morgan Stanley (NYSE:MS)

BOKF NA lowered its stake in Morgan Stanley (NYSE:MS - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 147,555 shares of the financial services provider's stock after selling 2,526 shares during the period. BOKF NA's holdings in Morgan Stanley were worth $18,216,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Peoples Bank KS acquired a new stake in shares of Morgan Stanley during the 4th quarter worth $25,000. IAG Wealth Partners LLC acquired a new stake in Morgan Stanley during the fourth quarter worth about $28,000. Curio Wealth LLC acquired a new stake in Morgan Stanley during the fourth quarter worth about $31,000. Ancora Advisors LLC raised its position in shares of Morgan Stanley by 104.7% in the 4th quarter. Ancora Advisors LLC now owns 264 shares of the financial services provider's stock valued at $33,000 after buying an additional 135 shares in the last quarter. Finally, Crowley Wealth Management Inc. bought a new stake in shares of Morgan Stanley during the 4th quarter worth approximately $34,000. 84.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Erste Group Bank downgraded shares of Morgan Stanley from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Citigroup dropped their price objective on Morgan Stanley from $135.00 to $125.00 and set a "neutral" rating for the company in a research report on Monday, March 24th. JMP Securities reaffirmed a "market perform" rating on shares of Morgan Stanley in a research note on Monday, April 14th. Bank of America lowered their target price on Morgan Stanley from $150.00 to $144.00 and set a "buy" rating for the company in a research note on Wednesday, April 2nd. Finally, Evercore ISI decreased their price target on shares of Morgan Stanley from $150.00 to $138.00 and set an "outperform" rating on the stock in a report on Tuesday, April 1st. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Morgan Stanley presently has a consensus rating of "Hold" and an average price target of $132.46.

Morgan Stanley Trading Down 0.2 %

Morgan Stanley stock traded down $0.22 during mid-day trading on Friday, hitting $121.66. 4,240,066 shares of the stock were exchanged, compared to its average volume of 6,680,417. The stock has a market capitalization of $196.22 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 1.18 and a beta of 1.30. Morgan Stanley has a 12 month low of $90.94 and a 12 month high of $142.03. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. The firm's fifty day simple moving average is $114.38 and its two-hundred day simple moving average is $124.73.

Morgan Stanley (NYSE:MS - Get Free Report) last issued its quarterly earnings results on Friday, April 11th. The financial services provider reported $2.60 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.39. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The business had revenue of $17.74 billion for the quarter, compared to analysts' expectations of $16.81 billion. During the same quarter in the prior year, the firm posted $2.02 earnings per share. The business's quarterly revenue was up 17.2% compared to the same quarter last year. Analysts forecast that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a $0.925 dividend. This represents a $3.70 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Wednesday, April 30th. Morgan Stanley's dividend payout ratio (DPR) is currently 43.43%.

Insider Activity

In other Morgan Stanley news, Director Robert H. Herz sold 800 shares of Morgan Stanley stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $119.32, for a total transaction of $95,456.00. Following the completion of the transaction, the director now owns 96,760 shares in the company, valued at approximately $11,545,403.20. The trade was a 0.82 % decrease in their position. The transaction 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 the company's 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 completion of the sale, the insider now owns 199,274 shares of the company's stock, valued at approximately $22,248,942.10. The trade was a 4.81 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,868 shares of company stock worth $6,019,548. Company 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.