Morgan Stanley (MS) Holdings Reduced by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. lowered its holdings in Morgan Stanley (NYSE:MS) by 5.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 171,990 shares of the financial services provider’s stock after selling 9,660 shares during the quarter. Nippon Life Global Investors Americas Inc.’s holdings in Morgan Stanley were worth $9,281,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its position in shares of Morgan Stanley by 406.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,869 shares of the financial services provider’s stock valued at $101,000 after buying an additional 1,500 shares in the last quarter. Exane Derivatives increased its position in shares of Morgan Stanley by 303.9% in the fourth quarter. Exane Derivatives now owns 1,979 shares of the financial services provider’s stock valued at $104,000 after buying an additional 1,489 shares in the last quarter. First Dallas Securities Inc. purchased a new position in shares of Morgan Stanley in the fourth quarter valued at $121,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its position in shares of Morgan Stanley by 119.4% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,800 shares of the financial services provider’s stock valued at $147,000 after buying an additional 1,524 shares in the last quarter. Finally, Risk Paradigm Group LLC increased its position in shares of Morgan Stanley by 624.8% in the fourth quarter. Risk Paradigm Group LLC now owns 2,899 shares of the financial services provider’s stock valued at $152,000 after buying an additional 2,499 shares in the last quarter. Institutional investors and hedge funds own 85.26% of the company’s stock.

A number of analysts recently commented on MS shares. ValuEngine cut Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, April 24th. Sanford C. Bernstein started coverage on Morgan Stanley in a research report on Monday, April 9th. They set an “underperform” rating and a $51.00 price objective for the company. Zacks Investment Research upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Tuesday, April 24th. JPMorgan Chase reiterated a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Thursday, March 15th. Finally, Vining Sparks reiterated a “buy” rating and set a $67.00 price objective on shares of Morgan Stanley in a research report on Wednesday, April 18th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Morgan Stanley has an average rating of “Buy” and an average price target of $55.40.

Shares of NYSE:MS opened at $54.36 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 2.75. Morgan Stanley has a 12-month low of $41.07 and a 12-month high of $59.38. The stock has a market capitalization of $95.45 billion, a price-to-earnings ratio of 15.10, a price-to-earnings-growth ratio of 0.90 and a beta of 1.55.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, April 18th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.17. Morgan Stanley had a return on equity of 11.10% and a net margin of 15.09%. The firm had revenue of $11.08 billion for the quarter, compared to analyst estimates of $10.37 billion. During the same period last year, the company earned $1.00 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. sell-side analysts expect that Morgan Stanley will post 4.72 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Monday, April 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, April 27th. Morgan Stanley’s dividend payout ratio is currently 27.78%.

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. The company operates through three segments: Institutional Securities, Wealth Management, and Investment Management.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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