Angeles Wealth Management LLC Has $558,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Angeles Wealth Management LLC lifted its holdings in shares of Morgan Stanley (NYSE:MS) by 20.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,441 shares of the financial services provider’s stock after buying an additional 763 shares during the period. Angeles Wealth Management LLC’s holdings in Morgan Stanley were worth $558,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. DGS Capital Management LLC grew its holdings 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 valued at $554,000 after purchasing an additional 77 shares during the last quarter. Perfromance Wealth Partners LLC boosted its position in Morgan Stanley by 2.7% in 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. Kennebec Savings Bank boosted its holdings in shares of Morgan Stanley by 2.9% during the 4th quarter. Kennebec Savings Bank now owns 2,908 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 81 shares in the last quarter. Brandywine Oak Private Wealth LLC grew its holdings in shares of Morgan Stanley by 3.1% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 2,707 shares of the financial services provider’s stock worth $340,000 after purchasing an additional 81 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its holdings in Morgan Stanley by 3.3% during the 4th quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock worth $346,000 after acquiring an additional 87 shares during the last quarter. 84.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Royal Bank of Canada raised their price target on shares of Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research note on Thursday, October 17th. Barclays upped 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. HSBC downgraded Morgan Stanley from a “buy” rating to a “hold” rating and raised their price objective for the stock from $128.00 to $131.00 in a research report on Tuesday, November 26th. Bank of America upped their target price on Morgan Stanley from $146.00 to $153.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, Keefe, Bruyette & Woods increased their price target on Morgan Stanley from $138.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, January 17th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Morgan Stanley currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Morgan Stanley Stock Performance

Shares of Morgan Stanley stock opened at $139.88 on Monday. The business’s fifty day simple moving average is $130.67 and its 200 day simple moving average is $117.35. 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 has a 12 month low of $83.09 and a 12 month high of $142.03. The firm has a market capitalization of $225.36 billion, a P/E ratio of 17.62, a price-to-earnings-growth ratio of 1.24 and a beta of 1.37.

Morgan Stanley (NYSE:MS) last posted its quarterly 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. The company had revenue of $16.23 billion during the quarter, compared to analyst estimates of $15.03 billion. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The firm’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.13 earnings per share. As a group, analysts anticipate that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a $0.925 dividend. This represents a $3.70 annualized dividend and a yield of 2.65%. The ex-dividend date is Friday, January 31st. Morgan Stanley’s dividend payout ratio (DPR) is currently 46.60%.

Insider Transactions at Morgan Stanley

In related news, insider Eric F. Grossman sold 13,097 shares of the business’s stock in a transaction 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 approximately $26,891,872.80. The trade was a 6.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Raja Akram sold 17,500 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total value of $2,380,175.00. Following the sale, 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 position. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

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.