Turtle Creek Wealth Advisors LLC Has $2.39 Million Position in Morgan Stanley $MS

Turtle Creek Wealth Advisors LLC increased its stake in shares of Morgan Stanley (NYSE:MS) by 45.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,456 shares of the financial services provider’s stock after buying an additional 4,184 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Morgan Stanley were worth $2,389,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its position in Morgan Stanley by 40.1% during the 4th quarter. Farther Finance Advisors LLC now owns 29,744 shares of the financial services provider’s stock worth $5,281,000 after purchasing an additional 8,512 shares during the last quarter. Bahl & Gaynor Inc. raised its position in Morgan Stanley by 103.1% during the 3rd quarter. Bahl & Gaynor Inc. now owns 12,700 shares of the financial services provider’s stock worth $2,019,000 after purchasing an additional 6,448 shares during the last quarter. Donaldson Capital Management LLC raised its position in Morgan Stanley by 2.0% during the 3rd quarter. Donaldson Capital Management LLC now owns 467,246 shares of the financial services provider’s stock worth $74,273,000 after purchasing an additional 9,056 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Morgan Stanley by 97.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 22,927 shares of the financial services provider’s stock worth $3,644,000 after purchasing an additional 11,311 shares during the last quarter. Finally, ABN Amro Investment Solutions raised its position in Morgan Stanley by 52.6% during the 3rd quarter. ABN Amro Investment Solutions now owns 113,504 shares of the financial services provider’s stock worth $18,043,000 after purchasing an additional 39,104 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Price Performance

Morgan Stanley stock opened at $188.66 on Friday. Morgan Stanley has a 12 month low of $111.24 and a 12 month high of $194.59. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 3.39. The business’s 50 day simple moving average is $169.91 and its 200 day simple moving average is $171.58. The company has a market cap of $298.34 billion, a price-to-earnings ratio of 17.09, a PEG ratio of 1.44 and a beta of 1.19.

Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.41. Morgan Stanley had a net margin of 14.65% and a return on equity of 17.89%. The business had revenue of $20.58 billion for the quarter, compared to analysts’ expectations of $19.23 billion. During the same quarter in the previous year, the firm posted $2.60 EPS. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. Sell-side analysts forecast that Morgan Stanley will post 11.8 EPS for the current year.

Morgan Stanley Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 30th. Morgan Stanley’s dividend payout ratio is currently 36.23%.

Morgan Stanley News Summary

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

• Positive Sentiment: Morgan Stanley launched a Stablecoin Reserves Portfolio (MSNXX) that lets stablecoin issuers park reserves in a Morgan Stanley money?market vehicle; the program requires a $10M minimum and positions MS to capture fees from regulated stablecoin reserve flows. Morgan Stanley launches stablecoin offering through money market fund
• Positive Sentiment: Institutional crypto demand is showing up in MS product flows — Morgan Stanley’s bitcoin-tracking ETF (MSBT) took in meaningful early inflows, underlining distribution strength for digital-asset products at its wealth and investment?management channels. $138M Bitcoin Play Triggers Rally, Signals Shift In Big Money Sentiment
• Positive Sentiment: NZX accredited Morgan Stanley as a Clearing Participant ahead of the S&P/NZX 20 futures launch — a small but strategic win that expands MS’s institutional footprint in derivatives clearing and local market services. NZX Adds Morgan Stanley as Clearing Participant Ahead of S&P/NZX 20 Futures Launch
• Neutral Sentiment: Zacks highlights Morgan Stanley’s capital?markets muscle and growth in wealth management — both drivers of revenue — but also flags rising expenses and trading volatility as risks to margin and future EPS. That makes the near?term outlook mixed. The Zacks Analyst Blog UnitedHealth, Morgan Stanley, RTX, Homes Group and Motorsport
• Neutral Sentiment: Morgan Stanley’s Institute released a “Sustainable Signals” survey showing steady retail interest in sustainable investing — a reputation/flows positive but not an immediate earnings driver. Morgan Stanley Sustainable Signals: Individual Investors Remain Positive on Sustainable Investing
• Negative Sentiment: Some Morgan Stanley research (highlighted by TheStreet) is taking a dour view on US growth (GDP), which can feed into broader market volatility and weigh investor appetite for cyclical banking/markets exposure — a potential headwind for MS trading revenue. Morgan Stanley drops stunning take on GDP outlook

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MS shares. Daiwa Securities Group lowered their target price on Morgan Stanley from $187.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Bank of America lifted their price objective on Morgan Stanley from $220.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Erste Group Bank reissued a “hold” rating on shares of Morgan Stanley in a research report on Thursday, March 5th. Barclays increased their target price on Morgan Stanley from $219.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Finally, JPMorgan Chase & Co. increased their target price on Morgan Stanley from $173.00 to $179.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Ten analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, Morgan Stanley has an average rating of “Hold” and a consensus target price of $201.33.

Insider Activity at Morgan Stanley

In other Morgan Stanley news, insider Andrew M. Saperstein sold 51,668 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $188.59, for a total transaction of $9,744,068.12. Following the completion of the sale, the insider directly owned 282,142 shares in the company, valued at $53,209,159.78. This represents a 15.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Daniel A. Simkowitz sold 32,968 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $182.61, for a total transaction of $6,020,286.48. Following the sale, the insider owned 357,342 shares of the company’s stock, valued at approximately $65,254,222.62. The trade was a 8.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 110,444 shares of company stock valued at $20,665,049 over the last 90 days. 0.17% of the stock is owned by insiders.

Morgan Stanley Company Profile

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.