Dimension Capital Management LLC trimmed its holdings in shares of Morgan Stanley (NYSE:MS) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 89,793 shares of the financial services provider’s stock after selling 1,586 shares during the quarter. Morgan Stanley comprises about 3.0% of Dimension Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Dimension Capital Management LLC’s holdings in Morgan Stanley were worth $4,711,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Exane Derivatives boosted its position in Morgan Stanley by 303.9% during the 4th quarter. Exane Derivatives now owns 1,979 shares of the financial services provider’s stock worth $104,000 after buying an additional 1,489 shares during the period. Invictus RG boosted its position in Morgan Stanley by 307.5% during the 3rd quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock worth $112,000 after buying an additional 1,762 shares during the period. Rational Advisors LLC acquired a new stake in Morgan Stanley during the 3rd quarter worth approximately $116,000. Zions Bancorporation boosted its position in Morgan Stanley by 176.1% during the 3rd quarter. Zions Bancorporation now owns 2,463 shares of the financial services provider’s stock worth $119,000 after buying an additional 1,571 shares during the period. Finally, Guidant Wealth Advisors acquired a new stake in Morgan Stanley during the 4th quarter worth approximately $132,000. 86.55% of the stock is currently owned by institutional investors and hedge funds.
Shares of Morgan Stanley (NYSE MS) traded up $1.10 during mid-day trading on Wednesday, reaching $54.49. 4,906,291 shares of the company’s stock were exchanged, compared to its average volume of 10,057,959. Morgan Stanley has a fifty-two week low of $40.06 and a fifty-two week high of $58.05. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. The company has a market cap of $98,280.00, a price-to-earnings ratio of 17.64, a PEG ratio of 0.92 and a beta of 1.54.
Morgan Stanley (NYSE:MS) last posted its earnings results 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 firm had revenue of $9.50 billion during the quarter, compared to analyst estimates of $9.25 billion. During the same quarter in the prior year, the business posted $0.81 EPS. The business’s revenue was up 5.3% compared to the same quarter last year. research analysts anticipate that Morgan Stanley will post 4.51 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.25 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.84%. Morgan Stanley’s payout ratio is 32.36%.
Several equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Monday, December 11th. Societe Generale downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research report 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 report on Tuesday, January 2nd. Vining Sparks restated a “buy” rating and issued a $60.00 price target on shares of Morgan Stanley in a research report 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 report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $54.07.
In related news, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Alistair Darling sold 3,850 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the completion of the transaction, the director now directly owns 14,218 shares in the company, valued at $700,805.22. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.
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Morgan Stanley Company 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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