Whittier Trust Co. of Nevada Inc. Has $171,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Whittier Trust Co. of Nevada Inc. lowered its position in Morgan Stanley (NYSE:MS) by 8.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,638 shares of the financial services provider’s stock after selling 156 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Morgan Stanley were worth $171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Capital International Investors grew its position in shares of Morgan Stanley by 16.3% in the 1st quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock valued at $2,681,778,000 after buying an additional 3,981,528 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Morgan Stanley by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 12,875,677 shares of the financial services provider’s stock worth $1,251,387,000 after acquiring an additional 303,654 shares during the period. Legal & General Group Plc boosted its holdings in Morgan Stanley by 2.0% in the second quarter. Legal & General Group Plc now owns 10,597,493 shares of the financial services provider’s stock valued at $1,029,970,000 after acquiring an additional 212,551 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Morgan Stanley by 2.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 8,834,372 shares of the financial services provider’s stock valued at $858,573,000 after purchasing an additional 242,896 shares during the period. Finally, Boston Partners raised its holdings in Morgan Stanley by 0.8% during the 1st quarter. Boston Partners now owns 7,151,492 shares of the financial services provider’s stock worth $672,969,000 after purchasing an additional 57,104 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley Stock Performance

Shares of MS stock opened at $118.28 on Thursday. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market cap of $192.22 billion, a price-to-earnings ratio of 21.54, a P/E/G ratio of 1.17 and a beta of 1.36. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $121.45. The firm’s 50-day simple moving average is $104.66 and its two-hundred day simple moving average is $99.88.

Morgan Stanley Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.925 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 annualized dividend and a yield of 3.13%. Morgan Stanley’s payout ratio is 67.40%.

Analyst Ratings Changes

Several equities research analysts recently commented on MS shares. Royal Bank of Canada upped their target price on Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research report on Thursday, October 17th. UBS Group increased their target price on shares of Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 8th. Jefferies Financial Group raised their target price on Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Oppenheimer lowered Morgan Stanley from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 17th. Finally, Hsbc Global Res upgraded Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Morgan Stanley has a consensus rating of “Hold” and a consensus price target of $109.24.

Insider Buying and Selling at Morgan Stanley

In other news, Director Stephen J. Luczo sold 60,000 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the transaction, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Stephen J. Luczo sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $119.17, for a total value of $7,150,200.00. Following the sale, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Mandell Crawley sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $105.25, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is owned by corporate insiders.

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.