Morgan Stanley (NYSE:MS) Shares Bought by Perfromance Wealth Partners LLC

Perfromance Wealth Partners LLC grew its stake in shares of Morgan Stanley (NYSE:MS) by 2.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,004 shares of the financial services provider’s stock after acquiring an additional 78 shares during the period. Perfromance Wealth Partners LLC’s holdings in Morgan Stanley were worth $378,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Peoples Bank KS purchased a new stake in shares of Morgan Stanley in the fourth quarter valued at $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of Morgan Stanley in the third quarter valued at $26,000. Rakuten Securities Inc. lifted its holdings in shares of Morgan Stanley by 138.1% in the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 174 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Morgan Stanley in the third quarter valued at $36,000. Finally, Planning Capital Management Corp lifted its holdings in shares of Morgan Stanley by 115.1% in the third quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 191 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Trading Down 0.3 %

Shares of NYSE:MS opened at $137.42 on Wednesday. The company has a market cap of $221.39 billion, a P/E ratio of 17.31, a P/E/G ratio of 1.08 and a beta of 1.36. The stock’s 50-day moving average is $129.13 and its 200-day moving average is $114.03. Morgan Stanley has a 52-week low of $83.09 and a 52-week high of $138.08. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.80 and a current ratio of 0.80.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.68. The company had revenue of $16.23 billion for the quarter, compared to the consensus estimate of $15.03 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The firm’s revenue was up 25.9% compared to the same quarter last year. During the same period last year, the business posted $1.13 earnings per share. Equities research analysts predict that Morgan Stanley will post 8.06 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be given a $0.925 dividend. This represents a $3.70 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Friday, January 31st. Morgan Stanley’s dividend payout ratio is currently 46.60%.

Analyst Ratings Changes

A number of research firms have recently issued reports on MS. Barclays increased their target price on Morgan Stanley from $155.00 to $156.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods upped their price target on shares of Morgan Stanley from $138.00 to $145.00 and gave the stock a “market perform” rating in a research note on Friday, January 17th. HSBC downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and upped their price target for the stock from $128.00 to $131.00 in a research note on Tuesday, November 26th. Royal Bank of Canada upped their price target on shares of Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 17th. Finally, Wells Fargo & Company raised shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $107.00 to $142.00 in a research note on Friday, November 15th. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Morgan Stanley has an average rating of “Hold” and a consensus price target of $131.27.

Morgan Stanley 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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.