Morgan Stanley (NYSE:MS) Stake Boosted by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. increased its position in shares of Morgan Stanley (NYSE:MS) by 152.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,563 shares of the financial services provider’s stock after acquiring an additional 3,962 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Morgan Stanley were worth $825,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peoples Bank KS acquired a new stake in shares of Morgan Stanley in the 4th quarter valued at $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Morgan Stanley in the third quarter worth about $26,000. Rakuten Securities Inc. boosted its stake in shares of Morgan Stanley by 138.1% during the 3rd quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 174 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Morgan Stanley during the 3rd quarter worth about $36,000. Finally, Planning Capital Management Corp increased its holdings in shares of Morgan Stanley by 115.1% during the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 191 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Eric F. Grossman sold 13,097 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total transaction of $1,783,811.40. Following the sale, the insider now directly owns 197,444 shares in the company, valued at $26,891,872.80. This represents a 6.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $136.01, for a total value of $2,380,175.00. Following the completion of the transaction, the chief financial officer now owns 81,440 shares of the company’s stock, valued at approximately $11,076,654.40. The trade was a 17.69 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MS shares. The Goldman Sachs Group boosted their target price on Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Royal Bank of Canada upped their price objective on shares of Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a report on Thursday, October 17th. Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Jefferies Financial Group upped their price target on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Finally, Barclays raised their price target on Morgan Stanley from $155.00 to $156.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Eleven investment analysts have rated the stock with a hold rating and six have given 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 $131.27.

Morgan Stanley Stock Up 0.0 %

MS opened at $137.85 on Friday. Morgan Stanley has a fifty-two week low of $83.09 and a fifty-two week high of $139.04. The company has a market capitalization of $222.09 billion, a P/E ratio of 17.36, a P/E/G ratio of 1.20 and a beta of 1.36. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s fifty day moving average price is $129.48 and its two-hundred day moving average price is $114.87.

Morgan Stanley (NYSE:MS) last issued its earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.68. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The business had revenue of $16.23 billion for the quarter, compared to analyst estimates of $15.03 billion. During the same period in the previous year, the business earned $1.13 EPS. The firm’s revenue was up 25.9% on a year-over-year basis. On average, analysts anticipate that Morgan Stanley will post 8.49 EPS for the current year.

Morgan Stanley Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a $0.925 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $3.70 annualized dividend and a dividend yield of 2.68%. Morgan Stanley’s dividend payout ratio is presently 46.60%.

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.