Keishi Hotsuki Sells 25,000 Shares of Morgan Stanley (MS) Stock

Morgan Stanley (NYSE:MS) insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Morgan Stanley (NYSE MS) traded up $0.29 during mid-day trading on Thursday, hitting $51.61. The company’s stock had a trading volume of 12,157,608 shares, compared to its average volume of 9,399,349. Morgan Stanley has a 1 year low of $40.06 and a 1 year high of $52.58. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market cap of $91,118.12, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 1.16 and a beta of 1.66.

Morgan Stanley (NYSE:MS) last posted its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The firm had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.05 billion. During the same quarter in the prior year, the business earned $0.80 EPS. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. research analysts forecast that Morgan Stanley will post 3.57 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.94%. Morgan Stanley’s dividend payout ratio (DPR) is 27.70%.

MS has been the subject of a number of recent research reports. Wells Fargo & Company initiated coverage on Morgan Stanley in a research note on Wednesday, August 9th. They issued a “market perform” rating and a $48.00 target price for the company. set a $54.00 price target on Morgan Stanley and gave the company a “hold” rating in a report on Friday, August 11th. ValuEngine downgraded Morgan Stanley from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Monday, September 11th. Finally, J P Morgan Chase & Co set a $53.00 price target on Morgan Stanley and gave the company a “buy” rating in a report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $50.39.

Several hedge funds have recently bought and sold shares of the business. Smithfield Trust Co. grew its holdings in shares of Morgan Stanley by 1.2% during the 2nd quarter. Smithfield Trust Co. now owns 3,690 shares of the financial services provider’s stock worth $164,000 after acquiring an additional 42 shares during the period. Klingenstein Fields & Co. LLC grew its holdings in shares of Morgan Stanley by 0.4% during the 2nd quarter. Klingenstein Fields & Co. LLC now owns 26,300 shares of the financial services provider’s stock worth $1,172,000 after acquiring an additional 100 shares during the period. Catamount Wealth Management grew its holdings in shares of Morgan Stanley by 0.3% during the 2nd quarter. Catamount Wealth Management now owns 32,477 shares of the financial services provider’s stock worth $1,447,000 after acquiring an additional 100 shares during the period. HM Payson & Co. grew its stake in shares of Morgan Stanley by 1.4% in the 2nd quarter. HM Payson & Co. now owns 7,457 shares of the financial services provider’s stock worth $332,000 after buying an additional 106 shares during the last quarter. Finally, 1ST Source Bank grew its stake in shares of Morgan Stanley by 0.7% in the 2nd quarter. 1ST Source Bank now owns 17,507 shares of the financial services provider’s stock worth $780,000 after buying an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 85.59% of the company’s stock.

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Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Insider Buying and Selling by Quarter for Morgan Stanley (NYSE:MS)

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