Barings LLC increased its holdings in shares of Morgan Stanley (NYSE:MS) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,193 shares of the financial services provider’s stock after buying an additional 9,100 shares during the period. Barings LLC’s holdings in Morgan Stanley were worth $10,347,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of MS. Raymond James Financial Services Advisors Inc. raised its stake in shares of Morgan Stanley by 39.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 46,369 shares of the financial services provider’s stock worth $2,066,000 after buying an additional 13,000 shares during the last quarter. Verition Fund Management LLC raised its stake in shares of Morgan Stanley by 16.8% during the second quarter. Verition Fund Management LLC now owns 7,947 shares of the financial services provider’s stock worth $354,000 after buying an additional 1,142 shares during the last quarter. Colony Group LLC bought a new stake in shares of Morgan Stanley during the second quarter worth approximately $212,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Morgan Stanley during the second quarter worth approximately $714,000. Finally, WFG Advisors LP raised its stake in shares of Morgan Stanley by 45.4% during the second quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider’s stock worth $120,000 after buying an additional 840 shares during the last quarter. 86.55% of the stock is owned by institutional investors and hedge funds.
In related news, insider Keishi Hotsuki sold 25,000 shares of the stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alistair Darling sold 3,850 shares of the stock in a transaction on Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the transaction, the director now owns 14,218 shares of the company’s stock, valued at approximately $700,805.22. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.
A number of research firms recently weighed in on MS. Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research note on Monday, December 11th. Societe Generale downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Barclays boosted their price target on shares of Morgan Stanley from $52.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 2nd. Vining Sparks reissued a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research note on Monday, January 8th. Finally, Buckingham Research boosted their price target on shares of Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. One analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Morgan Stanley presently has an average rating of “Buy” and an average target price of $54.07.
Shares of Morgan Stanley (NYSE:MS) opened at $53.39 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $58.05. The stock has a market cap of $96,520.00, a price-to-earnings ratio of 17.28, a PEG ratio of 0.90 and a beta of 1.54.
Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.07. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The company had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.25 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’s revenue was up 5.3% compared to the same quarter last year. research analysts expect that Morgan Stanley will post 4.51 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend is Tuesday, January 30th. Morgan Stanley’s payout ratio is 32.36%.
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Morgan Stanley Profile
Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.
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