Winnow Wealth LLC Invests $66,000 in Morgan Stanley $MS

Winnow Wealth LLC purchased a new stake in Morgan Stanley (NYSE:MS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 470 shares of the financial services provider’s stock, valued at approximately $66,000.

A number of other institutional investors and hedge funds have also modified their holdings of MS. Meadow Creek Wealth Advisors LLC increased its holdings in shares of Morgan Stanley by 2.5% in the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,799 shares of the financial services provider’s stock valued at $394,000 after purchasing an additional 69 shares during the period. Gallagher Capital Advisors LLC grew its position in Morgan Stanley by 0.7% during the second quarter. Gallagher Capital Advisors LLC now owns 9,969 shares of the financial services provider’s stock valued at $1,420,000 after purchasing an additional 70 shares in the last quarter. McLean Asset Management Corp grew its position in Morgan Stanley by 2.5% during the second quarter. McLean Asset Management Corp now owns 3,007 shares of the financial services provider’s stock valued at $430,000 after purchasing an additional 73 shares in the last quarter. Bell Investment Advisors Inc increased its stake in Morgan Stanley by 12.1% in the 2nd quarter. Bell Investment Advisors Inc now owns 674 shares of the financial services provider’s stock valued at $95,000 after buying an additional 73 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its position in Morgan Stanley by 1.5% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 5,022 shares of the financial services provider’s stock worth $707,000 after buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Morgan Stanley Stock Up 2.5%

MS opened at $166.27 on Thursday. The firm has a market cap of $264.26 billion, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.78 and a current ratio of 0.78. The business has a 50 day moving average price of $160.33 and a 200 day moving average price of $145.89. Morgan Stanley has a twelve month low of $94.33 and a twelve month high of $171.77.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $2.80 EPS for the quarter, beating the consensus estimate of $2.07 by $0.73. Morgan Stanley had a return on equity of 16.55% and a net margin of 13.85%.The company had revenue of $17.98 billion for the quarter, compared to the consensus estimate of $16.42 billion. During the same quarter last year, the company posted $1.88 earnings per share. The company’s revenue for the quarter was up 18.5% compared to the same quarter last year. Research analysts forecast that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, October 31st were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, October 31st. Morgan Stanley’s dividend payout ratio (DPR) is presently 41.03%.

Analysts Set New Price Targets

Several equities analysts have recently commented on MS shares. Dbs Bank upgraded shares of Morgan Stanley to a “moderate buy” rating in a report on Wednesday, November 12th. UBS Group boosted their target price on Morgan Stanley from $156.00 to $165.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Barclays upped their target price on Morgan Stanley from $156.00 to $183.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Jefferies Financial Group lifted their price target on Morgan Stanley from $175.00 to $186.00 and gave the company a “buy” rating in a report on Thursday, October 16th. Finally, Wells Fargo & Company increased their price objective on Morgan Stanley from $165.00 to $177.00 and gave the stock an “equal weight” rating in a report on Thursday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $168.23.

Insider Transactions at Morgan Stanley

In other Morgan Stanley news, CEO Edward Pick sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $164.34, for a total value of $16,434,000.00. Following the completion of the transaction, the chief executive officer owned 574,986 shares of the company’s stock, valued at $94,493,199.24. This represents a 14.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is owned by corporate insiders.

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.