Morgan Stanley (MS) Shares Sold by Global Financial Private Capital LLC

Global Financial Private Capital LLC trimmed its stake in Morgan Stanley (NYSE:MS) by 4.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 70,614 shares of the financial services provider’s stock after selling 3,456 shares during the quarter. Global Financial Private Capital LLC’s holdings in Morgan Stanley were worth $2,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its position in shares of Morgan Stanley by 4.4% in the second quarter. FMR LLC now owns 45,817,038 shares of the financial services provider’s stock worth $2,171,728,000 after purchasing an additional 1,936,093 shares in the last quarter. ValueAct Holdings L.P. lifted its position in shares of Morgan Stanley by 11.2% in the third quarter. ValueAct Holdings L.P. now owns 20,810,470 shares of the financial services provider’s stock worth $969,144,000 after purchasing an additional 2,100,850 shares in the last quarter. LSV Asset Management raised its position in Morgan Stanley by 2.6% during the third quarter. LSV Asset Management now owns 6,553,253 shares of the financial services provider’s stock valued at $305,184,000 after acquiring an additional 164,416 shares in the last quarter. Man Group plc raised its position in Morgan Stanley by 10.1% during the third quarter. Man Group plc now owns 6,132,606 shares of the financial services provider’s stock valued at $285,596,000 after acquiring an additional 562,050 shares in the last quarter. Finally, Legal & General Group Plc raised its position in Morgan Stanley by 1.6% during the third quarter. Legal & General Group Plc now owns 5,828,899 shares of the financial services provider’s stock valued at $271,474,000 after acquiring an additional 90,065 shares in the last quarter. 85.67% of the stock is owned by institutional investors and hedge funds.

In other news, insider Jeffrey S. Brodsky sold 15,565 shares of Morgan Stanley stock in a transaction that occurred on Friday, January 18th. The shares were sold at an average price of $43.38, for a total value of $675,209.70. Following the transaction, the insider now owns 112,420 shares of the company’s stock, valued at $4,876,779.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.19% of the company’s stock.

MS has been the topic of several recent research reports. UBS Group raised shares of Morgan Stanley from a “market perform” rating to an “outperform” rating in a research report on Tuesday, October 16th. Oppenheimer raised shares of Morgan Stanley to an “outperform” rating and set a $62.00 price objective on the stock in a research report on Tuesday, October 16th. Vining Sparks reaffirmed a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Tuesday, October 16th. Wells Fargo & Co raised shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $56.00 to $60.00 in a research report on Wednesday, October 24th. Finally, Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Tuesday, November 20th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $56.38.

NYSE:MS opened at $40.21 on Tuesday. Morgan Stanley has a 12 month low of $36.74 and a 12 month high of $59.38. The company has a market capitalization of $70.20 billion, a PE ratio of 8.72, a PEG ratio of 0.71 and a beta of 1.20. The company has a debt-to-equity ratio of 2.67, a quick ratio of 0.80 and a current ratio of 0.80.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Thursday, January 17th. The financial services provider reported $0.73 EPS for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.17). Morgan Stanley had a net margin of 17.43% and a return on equity of 12.08%. The firm had revenue of $8.55 billion during the quarter, compared to the consensus estimate of $9.32 billion. During the same period in the prior year, the business earned $0.84 EPS. The company’s revenue for the quarter was down 10.0% compared to the same quarter last year. Analysts predict that Morgan Stanley will post 4.99 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 15th. Stockholders of record on Thursday, January 31st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, January 30th. Morgan Stanley’s dividend payout ratio is 26.03%.

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About Morgan Stanley

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. The company operates Institutional Securities, Wealth Management, and Investment Management segments.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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