Davis Investment Partners LLC acquired a new position in shares of Morgan Stanley (NYSE:MS – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,649 shares of the financial services provider’s stock, valued at approximately $204,000.
Several other institutional investors and hedge funds have also recently modified their holdings of MS. Sivia Capital Partners LLC lifted its holdings in shares of Morgan Stanley by 3.3% during the fourth quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock worth $346,000 after buying an additional 87 shares in the last quarter. Bank of New Hampshire raised its stake in Morgan Stanley by 1.5% in the 4th quarter. Bank of New Hampshire now owns 6,313 shares of the financial services provider’s stock worth $794,000 after purchasing an additional 93 shares in the last quarter. Rosenberg Matthew Hamilton boosted its holdings in Morgan Stanley by 2.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock valued at $391,000 after purchasing an additional 96 shares during the period. Omnia Family Wealth LLC grew its position in shares of Morgan Stanley by 3.3% during the 3rd quarter. Omnia Family Wealth LLC now owns 3,063 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 97 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC increased its holdings in shares of Morgan Stanley by 2.8% during the third quarter. Raab & Moskowitz Asset Management LLC now owns 3,642 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 98 shares during the period. 84.19% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on MS shares. HSBC cut Morgan Stanley from a “buy” rating to a “hold” rating and lifted their price objective for the company from $128.00 to $131.00 in a report on Tuesday, November 26th. Jefferies Financial Group boosted their target price on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. Hsbc Global Res lowered shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Royal Bank of Canada boosted their price objective on shares of Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research report on Thursday, October 17th. Finally, 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, October 17th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Morgan Stanley currently has a consensus rating of “Hold” and an average price target of $126.07.
Insider Transactions at Morgan Stanley
In related news, Director Stephen J. Luczo sold 60,000 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $119.17, for a total value of $7,150,200.00. Following the completion of the sale, the director now directly owns 138,363 shares of the company’s stock, valued at $16,488,718.71. The trade was a 30.25 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.24% of the company’s stock.
Morgan Stanley Trading Up 0.5 %
NYSE:MS traded up $0.58 on Monday, reaching $124.03. 5,424,712 shares of the stock traded hands, compared to its average volume of 5,796,216. The firm has a market capitalization of $199.82 billion, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 1.18 and a beta of 1.35. Morgan Stanley has a 1-year low of $83.09 and a 1-year high of $136.24. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The company’s 50 day moving average is $128.45 and its 200-day moving average is $112.63.
Morgan Stanley (NYSE:MS – Get Free Report) last issued its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.31. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. The business had revenue of $15.38 billion for the quarter, compared to analysts’ expectations of $14.27 billion. Equities research analysts anticipate that Morgan Stanley will post 7.33 EPS for the current fiscal year.
Morgan Stanley Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.925 per share. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend was Thursday, October 31st. Morgan Stanley’s payout ratio is 56.32%.
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.
Featured Stories
- Five stocks we like better than Morgan Stanley
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- Using the MarketBeat Dividend Yield Calculator
- Delta Can Fly to New Highs in 2025; Here’s Why
- How to Invest in the FAANG Stocks
- Snowflake Stock: Bullish Upgrades Demand Investors’ Attention
Want to see what other hedge funds are holding MS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley (NYSE:MS – Free Report).
Receive News & Ratings for Morgan Stanley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley and related companies with MarketBeat.com's FREE daily email newsletter.