Morgan Stanley (NYSE:MS) Shares Sold by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC lessened its position in shares of Morgan Stanley (NYSE:MS) by 4.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,065 shares of the financial services provider’s stock after selling 250 shares during the period. Silvia Mccoll Wealth Management LLC’s holdings in Morgan Stanley were worth $492,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MS. Bbjs Financial Advisors LLC acquired a new stake in shares of Morgan Stanley during the 2nd quarter worth about $29,000. Wedmont Private Capital lifted its position in Morgan Stanley by 18.8% in the second quarter. Wedmont Private Capital now owns 10,074 shares of the financial services provider’s stock valued at $1,049,000 after acquiring an additional 1,594 shares during the last quarter. Baxter Bros Inc. boosted its stake in Morgan Stanley by 6.6% in the second quarter. Baxter Bros Inc. now owns 73,224 shares of the financial services provider’s stock valued at $7,117,000 after acquiring an additional 4,502 shares in the last quarter. Intergy Private Wealth LLC purchased a new position in shares of Morgan Stanley during the second quarter worth about $226,000. Finally, Sequoia Financial Advisors LLC increased its position in shares of Morgan Stanley by 8.6% during the second quarter. Sequoia Financial Advisors LLC now owns 46,784 shares of the financial services provider’s stock worth $4,547,000 after purchasing an additional 3,690 shares in the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of Morgan Stanley stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $105.25, for a total transaction of $368,375.00. Following the sale, the insider now directly owns 43,224 shares in the company, valued at approximately $4,549,326. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $105.25, for a total transaction of $368,375.00. Following the completion of the transaction, the insider now directly owns 43,224 shares of the company’s stock, valued at approximately $4,549,326. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Daniel A. Simkowitz sold 40,000 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $106.54, for a total transaction of $4,261,600.00. Following the completion of the sale, the insider now owns 442,522 shares in the company, valued at approximately $47,146,293.88. The disclosure for this sale can be found here. Insiders sold a total of 252,000 shares of company stock worth $26,546,370 in the last 90 days. 0.24% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have commented on MS. Oppenheimer lowered Morgan Stanley from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Citigroup lifted their price objective on shares of Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, July 17th. Keefe, Bruyette & Woods increased their target price on shares of Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 17th. UBS Group increased their price target on shares of Morgan Stanley from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Finally, Wells Fargo & Company cut Morgan Stanley from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $99.00 to $95.00 in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $101.45.

Morgan Stanley Trading Up 2.0 %

MS traded up $1.87 on Tuesday, reaching $96.71. 5,940,535 shares of the company’s stock were exchanged, compared to its average volume of 7,561,912. Morgan Stanley has a twelve month low of $69.42 and a twelve month high of $109.11. The company’s 50 day moving average is $99.19 and its 200-day moving average is $94.04. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market cap of $157.17 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.05 and a beta of 1.38.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.17. Morgan Stanley had a net margin of 10.17% and a return on equity of 11.90%. The company had revenue of $15.02 billion during the quarter, compared to analyst estimates of $14.32 billion. During the same quarter in the prior year, the business earned $1.24 earnings per share. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. Equities analysts predict that Morgan Stanley will post 7 earnings per share for the current year.

Morgan Stanley Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be issued a dividend of $0.925 per share. This is an increase from Morgan Stanley’s previous quarterly dividend of $0.85. This represents a $3.70 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend is Wednesday, July 31st. Morgan Stanley’s dividend payout ratio (DPR) is presently 67.40%.

About Morgan Stanley

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.