BOK Financial Private Wealth Inc. Has $2.37 Million Holdings in Morgan Stanley (NYSE:MS)

BOK Financial Private Wealth Inc. cut its holdings in Morgan Stanley (NYSE:MS) by 9.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,851 shares of the financial services provider’s stock after selling 2,070 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Morgan Stanley were worth $2,370,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. OFI Invest Asset Management acquired a new position in shares of Morgan Stanley during the fourth quarter worth approximately $64,392,000. Larson Financial Group LLC raised its position in shares of Morgan Stanley by 9.3% during the fourth quarter. Larson Financial Group LLC now owns 4,282 shares of the financial services provider’s stock worth $538,000 after purchasing an additional 365 shares during the period. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Morgan Stanley during the fourth quarter worth approximately $3,822,000. Banco Santander S.A. raised its position in shares of Morgan Stanley by 217.1% during the fourth quarter. Banco Santander S.A. now owns 288,172 shares of the financial services provider’s stock worth $36,229,000 after purchasing an additional 197,281 shares during the period. Finally, RKL Wealth Management LLC acquired a new position in shares of Morgan Stanley during the fourth quarter worth approximately $222,000. 84.19% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Morgan Stanley

In other news, insider Eric F. Grossman sold 13,097 shares of the company’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 transaction, the insider now owns 197,444 shares of the company’s stock, valued at $26,891,872.80. This represents a 6.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Raja Akram sold 17,500 shares of the company’s 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 transaction, the chief financial officer now directly owns 81,440 shares in the company, valued at $11,076,654.40. This 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 Stock Down 0.2 %

Shares of NYSE:MS opened at $119.12 on Friday. The company has a market capitalization of $192.12 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 1.18 and a beta of 1.35. 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 business has a fifty day moving average price of $132.56 and a two-hundred day moving average price of $121.97. Morgan Stanley has a 1 year low of $85.01 and a 1 year high of $142.03.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.68. The firm had revenue of $16.23 billion during 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 business’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 EPS. Analysts forecast that Morgan Stanley will post 8.56 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a $0.925 dividend. The ex-dividend date was Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a yield of 3.11%. Morgan Stanley’s dividend payout ratio (DPR) is presently 46.60%.

Analyst Ratings Changes

MS has been the topic of a number of research reports. Bank of America upped their target price on Morgan Stanley from $146.00 to $153.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Barclays upped their target price on Morgan Stanley from $155.00 to $156.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Keefe, Bruyette & Woods upped their target price on Morgan Stanley from $138.00 to $145.00 and gave the stock a “market perform” rating in a research report on Friday, January 17th. Citigroup upped their price target on Morgan Stanley from $105.00 to $135.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Finally, Evercore ISI upped their price target on Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $131.27.

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.