Genesee Capital Advisors LLC decreased its position in Morgan Stanley (NYSE:MS – Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,583 shares of the financial services provider’s stock after selling 178 shares during the quarter. Genesee Capital Advisors LLC’s holdings in Morgan Stanley were worth $953,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. DGS Capital Management LLC increased its stake in shares of Morgan Stanley by 1.8% during the 4th quarter. DGS Capital Management LLC now owns 4,408 shares of the financial services provider’s stock worth $554,000 after purchasing an additional 77 shares during the last quarter. Perfromance Wealth Partners LLC raised its holdings in Morgan Stanley by 2.7% during the fourth quarter. Perfromance Wealth Partners LLC now owns 3,004 shares of the financial services provider’s stock valued at $378,000 after buying an additional 78 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Morgan Stanley by 3.3% in the fourth quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock worth $346,000 after buying an additional 87 shares during the last quarter. Cardinal Point Capital Management ULC increased its holdings in shares of Morgan Stanley by 3.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 2,697 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 90 shares during the last quarter. Finally, Mason & Associates Inc raised its stake in shares of Morgan Stanley by 2.9% in the 4th quarter. Mason & Associates Inc now owns 3,177 shares of the financial services provider’s stock valued at $399,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.
Analyst Ratings Changes
MS has been the topic of several analyst reports. Evercore ISI increased their price target on Morgan Stanley from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Barclays raised their price objective on shares of Morgan Stanley from $155.00 to $156.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. HSBC lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating and upped their price objective for the company from $128.00 to $131.00 in a research report on Tuesday, November 26th. Jefferies Financial Group lifted their target price on Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Finally, The Goldman Sachs Group upped their price target on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $131.27.
Morgan Stanley Trading Up 1.3 %
MS stock opened at $138.49 on Wednesday. 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 stock has a market capitalization of $223.11 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 1.20 and a beta of 1.36. The business has a fifty day moving average price of $129.54 and a 200 day moving average price of $115.26. Morgan Stanley has a fifty-two week low of $83.09 and a fifty-two week high of $139.04.
Morgan Stanley (NYSE:MS – Get Free Report) last issued its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $15.03 billion. During the same quarter in the prior year, the company earned $1.13 EPS. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. Analysts expect that Morgan Stanley will post 8.49 EPS for the current fiscal 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 2.67%. Morgan Stanley’s dividend payout ratio (DPR) is currently 46.60%.
Insider Buying and Selling
In other news, CFO Raja Akram sold 17,500 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the completion of the transaction, the chief financial officer now directly owns 81,440 shares in the company, valued at approximately $11,076,654.40. The trade was a 17.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Eric F. Grossman sold 13,097 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $136.20, for a total transaction of $1,783,811.40. Following the completion of the sale, the insider now owns 197,444 shares in the company, valued at $26,891,872.80. This represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.
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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.
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