OneDigital Investment Advisors LLC Reduces Stake in Morgan Stanley (NYSE:MS)

OneDigital Investment Advisors LLC reduced its stake in shares of Morgan Stanley (NYSE:MS - Free Report) by 13.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,869 shares of the financial services provider's stock after selling 2,389 shares during the period. OneDigital Investment Advisors LLC's holdings in Morgan Stanley were worth $1,995,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Lindbrook Capital LLC increased its stake in Morgan Stanley by 1.2% during the fourth quarter. Lindbrook Capital LLC now owns 6,156 shares of the financial services provider's stock worth $774,000 after acquiring an additional 73 shares during the last quarter. 1ST Source Bank raised its position in shares of Morgan Stanley by 0.5% during the 4th quarter. 1ST Source Bank now owns 15,925 shares of the financial services provider's stock worth $2,002,000 after purchasing an additional 73 shares during the period. Moors & Cabot Inc. boosted its position in Morgan Stanley by 1.6% during the 4th quarter. Moors & Cabot Inc. now owns 4,727 shares of the financial services provider's stock valued at $594,000 after purchasing an additional 76 shares during the period. DGS Capital Management LLC increased its holdings in shares of Morgan Stanley by 1.8% in the 4th quarter. DGS Capital Management LLC now owns 4,408 shares of the financial services provider's stock worth $554,000 after acquiring an additional 77 shares during the period. Finally, Perfromance Wealth Partners LLC boosted its stake in Morgan Stanley by 2.7% during the 4th quarter. Perfromance Wealth Partners LLC now owns 3,004 shares of the financial services provider's stock valued at $378,000 after purchasing an additional 78 shares during the period. Institutional investors own 84.19% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MS. JMP Securities reissued a "market perform" rating on shares of Morgan Stanley in a report on Monday, April 14th. Erste Group Bank cut Morgan Stanley from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. JPMorgan Chase & Co. lowered their target price on Morgan Stanley from $125.00 to $122.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Wells Fargo & Company dropped their price objective on shares of Morgan Stanley from $130.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. Finally, Evercore ISI decreased their target price on shares of Morgan Stanley from $150.00 to $138.00 and set an "outperform" rating for the company in a research report on Tuesday, April 1st. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Morgan Stanley has an average rating of "Hold" and a consensus target price of $130.50.

Morgan Stanley Stock Performance

Morgan Stanley stock traded down $0.17 during mid-day trading on Tuesday, hitting $115.66. 1,368,211 shares of the company's stock traded hands, compared to its average volume of 6,639,553. The firm has a 50 day simple moving average of $116.38 and a two-hundred day simple moving average of $124.77. 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 stock has a market cap of $186.54 billion, a price-to-earnings ratio of 14.57, a P/E/G ratio of 1.18 and a beta of 1.30. Morgan Stanley has a fifty-two week low of $90.55 and a fifty-two week 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 EPS 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 analyst estimates of $16.81 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The company's revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the company earned $2.02 EPS. On average, research analysts expect that Morgan Stanley will post 8.56 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.925 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $3.70 dividend on an annualized basis and a dividend yield of 3.20%. Morgan Stanley's payout ratio is presently 43.43%.

Insider Activity

In other news, insider Eric F. Grossman sold 10,068 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $111.65, for a total value of $1,124,092.20. Following the completion of the sale, the insider now owns 199,274 shares in the company, valued at $22,248,942.10. This represents a 4.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.19% of the company's stock.

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.