LexAurum Advisors LLC Sells 159 Shares of Morgan Stanley (NYSE:MS)

LexAurum Advisors LLC lowered its position in shares of Morgan Stanley (NYSE:MS) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,667 shares of the financial services provider’s stock after selling 159 shares during the period. LexAurum Advisors LLC’s holdings in Morgan Stanley were worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in MS. Opal Wealth Advisors LLC acquired a new stake in Morgan Stanley during the second quarter worth approximately $25,000. POM Investment Strategies LLC grew its position in Morgan Stanley by 1,147.6% during the second quarter. POM Investment Strategies LLC now owns 262 shares of the financial services provider’s stock worth $25,000 after buying an additional 241 shares in the last quarter. Bank & Trust Co acquired a new stake in Morgan Stanley during the second quarter worth approximately $26,000. Bbjs Financial Advisors LLC acquired a new stake in Morgan Stanley during the second quarter worth approximately $29,000. Finally, Lynx Investment Advisory acquired a new stake in Morgan Stanley during the second quarter worth approximately $30,000. Institutional investors own 84.19% of the company’s stock.

Insider Buying and Selling

In other news, insider Mandell Crawley sold 3,500 shares of Morgan Stanley stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $105.25, for a total value of $368,375.00. Following the completion of the transaction, the insider now directly owns 43,224 shares of the company’s stock, valued at approximately $4,549,326. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.24% of the stock is owned by corporate insiders.

Morgan Stanley Stock Down 0.1 %

Shares of NYSE:MS opened at $119.45 on Friday. The firm has a market cap of $194.13 billion, a P/E ratio of 21.76, a P/E/G ratio of 1.17 and a beta of 1.36. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.96. Morgan Stanley has a 12-month low of $69.42 and a 12-month high of $121.45. The business has a fifty day simple moving average of $102.86 and a 200 day simple moving average of $99.10.

Morgan Stanley (NYSE:MS) last announced its earnings results on Tuesday, July 16th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.17. The business had revenue of $15.02 billion during the quarter, compared to analyst estimates of $14.32 billion. Morgan Stanley had a return on equity of 11.85% and a net margin of 10.17%. Morgan Stanley’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the company earned $1.24 EPS. Analysts predict that Morgan Stanley will post 6.95 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a yield of 3.10%. The ex-dividend date is Thursday, October 31st. Morgan Stanley’s dividend payout ratio is currently 67.40%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Hsbc Global Res raised Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 4th. JMP Securities reissued a “market perform” rating on shares of Morgan Stanley in a research report on Thursday, July 18th. The Goldman Sachs Group raised their target price on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday. UBS Group raised their target price on Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a report on Tuesday, October 8th. Finally, Citigroup raised their target price on Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Morgan Stanley has an average rating of “Hold” and a consensus price target of $107.56.

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.