Fort Washington Investment Advisors Inc. OH Has $48.12 Million Stock Holdings in Morgan Stanley $MS

Fort Washington Investment Advisors Inc. OH decreased its holdings in Morgan Stanley (NYSE:MSFree Report) by 1.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 302,721 shares of the financial services provider’s stock after selling 5,225 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Morgan Stanley were worth $48,121,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Princeton Global Asset Management LLC boosted its stake in Morgan Stanley by 645.8% in the second quarter. Princeton Global Asset Management LLC now owns 179 shares of the financial services provider’s stock valued at $25,000 after buying an additional 155 shares in the last quarter. WFA of San Diego LLC bought a new position in shares of Morgan Stanley in the second quarter worth about $28,000. CBIZ Investment Advisory Services LLC boosted its stake in shares of Morgan Stanley by 111.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 211 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 111 shares in the last quarter. Family Legacy Financial Solutions LLC grew its holdings in shares of Morgan Stanley by 91.9% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 213 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 102 shares during the last quarter. Finally, Compass Financial Services Inc acquired a new position in Morgan Stanley during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insiders Place Their Bets

In other Morgan Stanley news, CEO Edward Pick sold 100,000 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $164.34, for a total transaction of $16,434,000.00. Following the completion of the sale, the chief executive officer owned 574,986 shares of the company’s stock, valued at approximately $94,493,199.24. This represents a 14.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Morgan Stanley Stock Performance

NYSE MS opened at $179.85 on Tuesday. The company has a market capitalization of $285.83 billion, a price-to-earnings ratio of 18.45, a PEG ratio of 1.48 and a beta of 1.22. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 3.27. Morgan Stanley has a twelve month low of $94.33 and a twelve month high of $182.34. The stock has a fifty day simple moving average of $169.35 and a 200 day simple moving average of $155.14.

Morgan Stanley (NYSE:MSGet Free Report) last announced its earnings results on Wednesday, October 15th. The financial services provider reported $2.80 EPS for the quarter, topping the consensus estimate of $2.07 by $0.73. The firm had revenue of $17.98 billion for the quarter, compared to the consensus estimate of $16.42 billion. Morgan Stanley had a return on equity of 16.40% and a net margin of 13.85%.The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.88 EPS. Sell-side analysts expect that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, October 31st were issued a $1.00 dividend. The ex-dividend date was Friday, October 31st. This represents a $4.00 annualized dividend and a yield of 2.2%. Morgan Stanley’s dividend payout ratio is presently 41.03%.

Morgan Stanley News Summary

Here are the key news stories impacting Morgan Stanley this week:

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Barclays increased their price objective on shares of Morgan Stanley from $156.00 to $183.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. UBS Group raised their price objective on Morgan Stanley from $156.00 to $165.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. The Goldman Sachs Group boosted their price objective on Morgan Stanley from $145.00 to $164.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Wolfe Research raised Morgan Stanley from a “peer perform” rating to an “outperform” rating and set a $198.00 target price for the company in a report on Monday, November 24th. Finally, BMO Capital Markets assumed coverage on Morgan Stanley in a research note on Friday, October 3rd. They set an “outperform” rating and a $180.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.77.

Read Our Latest Report on Morgan Stanley

Morgan Stanley Company Profile

(Free Report)

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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