Investors Sell Shares of Morgan Stanley (MS) on Strength (MS)

Traders sold shares of Morgan Stanley (NYSE:MS) on strength during trading hours on Wednesday. $64.70 million flowed into the stock on the tick-up and $83.93 million flowed out of the stock on the tick-down, for a money net flow of $19.23 million out of the stock. Of all companies tracked, Morgan Stanley had the 0th highest net out-flow for the day. Morgan Stanley traded up $0.04 for the day and closed at $55.10

A number of research firms have issued reports on MS. Societe Generale set a $61.00 target price on Morgan Stanley and gave the company a “neutral” rating in a report on Monday, January 22nd. Royal Bank of Canada reissued a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a report on Friday, January 19th. Atlantic Securities raised Morgan Stanley from a “neutral” rating to an “overweight” rating and set a $61.00 price objective on the stock in a report on Wednesday, January 10th. UBS Group raised Morgan Stanley to an “overweight” rating in a report on Wednesday, January 10th. Finally, Credit Suisse Group raised Morgan Stanley to a “buy” rating and set a $58.00 price objective on the stock in a report on Thursday, January 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Morgan Stanley has a consensus rating of “Buy” and a consensus target price of $54.07.

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 $100,370.00, a PE ratio of 14.78, a P/E/G ratio of 0.95 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 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.07. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.25 billion. Morgan Stanley had a return on equity of 10.03% and a net margin of 14.10%. Morgan Stanley’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company earned $0.81 EPS. equities research analysts predict that Morgan Stanley will post 4.51 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $1.00 annualized dividend and a yield of 1.80%. Morgan Stanley’s payout ratio is 26.60%.

In other Morgan Stanley news, insider Keishi Hotsuki sold 25,000 shares of Morgan Stanley stock in a transaction on Tuesday, November 28th. The stock was 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jonathan Pruzan sold 52,204 shares of Morgan Stanley stock in a transaction on Friday, February 16th. The shares were sold at an average price of $55.35, for a total value of $2,889,491.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 264,254 shares of company stock valued at $14,335,019. Corporate insiders own 0.35% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of MS. Amundi Pioneer Asset Management Inc. raised its position in Morgan Stanley by 361.8% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 4,418,918 shares of the financial services provider’s stock valued at $231,860,000 after purchasing an additional 3,462,069 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Morgan Stanley by 18.3% during the third quarter. Dimensional Fund Advisors LP now owns 11,816,768 shares of the financial services provider’s stock worth $569,213,000 after acquiring an additional 1,828,697 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Morgan Stanley by 14.2% during the fourth quarter. Bank of New York Mellon Corp now owns 12,643,249 shares of the financial services provider’s stock worth $663,392,000 after acquiring an additional 1,569,202 shares during the last quarter. Bank of Montreal Can raised its position in shares of Morgan Stanley by 37.7% during the fourth quarter. Bank of Montreal Can now owns 5,594,220 shares of the financial services provider’s stock worth $293,527,000 after acquiring an additional 1,532,991 shares during the last quarter. Finally, DSAM Partners London Ltd raised its position in shares of Morgan Stanley by 622.8% during the fourth quarter. DSAM Partners London Ltd now owns 791,331 shares of the financial services provider’s stock worth $41,521,000 after acquiring an additional 681,856 shares during the last quarter. Hedge funds and other institutional investors own 86.32% of the company’s stock.

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About Morgan Stanley

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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