306,470 Morgan Stanley $MS Shares Acquired by TrinityBridge Ltd

TrinityBridge Ltd boosted its stake in shares of Morgan Stanley (NYSE:MS) by 153,235.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 306,670 shares of the financial services provider’s stock after acquiring an additional 306,470 shares during the period. Morgan Stanley accounts for about 1.7% of TrinityBridge Ltd’s portfolio, making the stock its 19th biggest position. TrinityBridge Ltd’s holdings in Morgan Stanley were worth $57,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in MS. Crown Wealth Group LLC lifted its position in shares of Morgan Stanley by 3.2% during the 2nd quarter. Crown Wealth Group LLC now owns 1,532 shares of the financial services provider’s stock valued at $320,000 after acquiring an additional 48 shares during the period. Hughes Financial Services LLC grew its holdings in shares of Morgan Stanley by 55.7% during the 2nd quarter. Hughes Financial Services LLC now owns 137 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 49 shares in the last quarter. Evolution Wealth Management Inc. increased its position in shares of Morgan Stanley by 35.7% in the second quarter. Evolution Wealth Management Inc. now owns 194 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 51 shares during the period. Financial Management Professionals Inc. increased its position in shares of Morgan Stanley by 0.6% in the second quarter. Financial Management Professionals Inc. now owns 8,245 shares of the financial services provider’s stock worth $1,724,000 after purchasing an additional 52 shares during the period. Finally, Bank OZK increased its position in shares of Morgan Stanley by 3.0% in the second quarter. Bank OZK now owns 1,815 shares of the financial services provider’s stock worth $379,000 after purchasing an additional 53 shares during the period. Institutional investors own 84.19% of the company’s stock.

Trending Headlines about Morgan Stanley

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

• Positive Sentiment: UBS raised its price target on Morgan Stanley to $240 from $236 and maintained a Buy rating, implying substantial upside from the reference price in the report. UBS raises Morgan Stanley price target
• Positive Sentiment: Morgan Stanley is launching a $2.3 billion Baldwin debt offering. The deal may provide underwriting activity and related fee revenue, although the article listing offers limited detail. Morgan Stanley launches Baldwin debt offering
• Neutral Sentiment: Morgan Stanley’s market outlook is divided: one strategist sees the election as a potential “clearing event” that could help the selloff end, while other reports flag risks from election uncertainty and fragile technology-stock buying. The outlook matters to MS because market moves can affect trading and wealth-management activity. Morgan Stanley flags a stock-market turning point
• Neutral Sentiment: E*TRADE published its monthly sector-rotation study, highlighting client buying and selling across market sectors; the announcement provides no specific indication of a direct financial impact on MS. E*TRADE sector rotation study
• Negative Sentiment: Morgan Stanley strategists have warned that the S&P 500 could face further losses, with one report citing a possible 9% decline and another describing three potential “clearing events.” Persistent volatility could curb investor activity and pressure market-sensitive businesses. Morgan Stanley warns the S&P 500 could drop

Analysts Set New Price Targets

A number of research firms recently commented on MS. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $230.00 price target (down from $250.00) on shares of Morgan Stanley in a research note on Thursday, October 15th. Royal Bank Of Canada decreased their target price on shares of Morgan Stanley from $243.00 to $195.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. Jefferies Financial Group upgraded shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Erste Group Bank cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Thursday, October 8th. Finally, Citigroup cut their price target on shares of Morgan Stanley from $210.00 to $190.00 and set a “neutral” rating for the company in a report on Thursday, October 15th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $214.81.

Morgan Stanley Price Performance

Shares of MS stock opened at $185.97 on Wednesday. The business has a fifty day simple moving average of $196.97 and a 200 day simple moving average of $194.33. The company has a market cap of $293.33 billion, a P/E ratio of 14.76, a P/E/G ratio of 1.24 and a beta of 1.23. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 3.65. Morgan Stanley has a twelve month low of $152.80 and a twelve month high of $232.25.

Morgan Stanley (NYSE:MS) last released its earnings results on Wednesday, October 14th. The financial services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. The firm had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $19.93 billion. Morgan Stanley had a return on equity of 19.40% and a net margin of 15.63%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.80 earnings per share. On average, sell-side analysts forecast that Morgan Stanley will post 12.83 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, October 30th. Morgan Stanley’s dividend payout ratio (DPR) is presently 36.51%.

Morgan Stanley Profile

Morgan Stanley (NYSE: MS) is a global financial services company that provides investment banking, securities, wealth management and investment management services to corporations, institutions, governments and individual investors. Founded in 1935, the company is headquartered in New York City and serves clients through operations across North America, Europe, Asia-Pacific and other international markets.

Through its Institutional Securities segment, Morgan Stanley offers investment banking, equity and fixed-income sales and trading, research, lending and related capital-markets services.