Ameliora Wealth Management Ltd. grew its holdings in Morgan Stanley (NYSE:MS – Free Report) by 21.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 792 shares of the financial services provider’s stock after acquiring an additional 140 shares during the quarter. Ameliora Wealth Management Ltd.’s holdings in Morgan Stanley were worth $100,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in MS. Franklin Resources Inc. boosted its position in Morgan Stanley by 75.2% in the 3rd quarter. Franklin Resources Inc. now owns 7,850,848 shares of the financial services provider’s stock worth $881,493,000 after purchasing an additional 3,369,520 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Morgan Stanley by 382.4% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,597,800 shares of the financial services provider’s stock valued at $166,555,000 after purchasing an additional 1,266,600 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Morgan Stanley during the fourth quarter worth approximately $89,761,000. Fisher Asset Management LLC raised its position in shares of Morgan Stanley by 2.7% in the third quarter. Fisher Asset Management LLC now owns 22,404,981 shares of the financial services provider’s stock valued at $2,335,495,000 after buying an additional 590,872 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Morgan Stanley in the 4th quarter worth approximately $71,927,000. 84.19% of the stock is owned by institutional investors and hedge funds.
Morgan Stanley Trading Up 1.5 %
MS opened at $141.06 on Friday. The stock has a market capitalization of $227.26 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.22 and a beta of 1.37. Morgan Stanley has a 12 month low of $83.09 and a 12 month high of $141.48. The firm’s fifty day simple moving average is $130.31 and its 200 day simple moving average is $116.83. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14.
Morgan Stanley Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.925 per share. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend is Friday, January 31st. Morgan Stanley’s payout ratio is 46.60%.
Analysts Set New Price Targets
MS has been the subject of several analyst reports. UBS Group increased their price target on shares of Morgan Stanley from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Tuesday, January 21st. Evercore ISI upped their price target on Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Bank of America increased their price target on shares of Morgan Stanley from $146.00 to $153.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. HSBC cut Morgan Stanley from a “buy” rating to a “hold” rating and lifted their price objective for the company from $128.00 to $131.00 in a research note on Tuesday, November 26th. Finally, Citigroup increased their price target on shares of Morgan Stanley from $105.00 to $135.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $131.27.
View Our Latest Stock Report on Morgan Stanley
Insider Activity
In other news, insider Eric F. Grossman sold 13,097 shares of the firm’s stock in a transaction 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 sale, the insider now owns 197,444 shares in the company, valued at approximately $26,891,872.80. This trade represents a 6.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 81,440 shares in the company, valued at $11,076,654.40. This trade represents a 17.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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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