Whittier Trust Co. of Nevada Inc. Has $310,000 Position in Morgan Stanley (NYSE:MS)

Whittier Trust Co. of Nevada Inc. boosted its stake in Morgan Stanley (NYSE:MSFree Report) by 73.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,293 shares of the financial services provider’s stock after acquiring an additional 1,391 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Morgan Stanley were worth $310,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in Morgan Stanley by 17.2% in the fourth quarter. Wellington Management Group LLP now owns 38,451,051 shares of the financial services provider’s stock valued at $3,585,561,000 after acquiring an additional 5,631,435 shares during the last quarter. Capital International Investors boosted its holdings in shares of Morgan Stanley by 8.2% during the 4th quarter. Capital International Investors now owns 24,499,542 shares of the financial services provider’s stock worth $2,284,674,000 after buying an additional 1,865,645 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Morgan Stanley by 2.6% during the 4th quarter. Fisher Asset Management LLC now owns 20,250,725 shares of the financial services provider’s stock worth $1,888,380,000 after buying an additional 517,446 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Morgan Stanley by 2.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 20,197,232 shares of the financial services provider’s stock worth $1,883,392,000 after buying an additional 575,114 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Morgan Stanley during the 4th quarter worth approximately $958,105,000. 84.19% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Chairman James P. Gorman sold 100,000 shares of the firm’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $90.21, for a total transaction of $9,021,000.00. Following the completion of the sale, the chairman now directly owns 414,870 shares of the company’s stock, valued at approximately $37,425,422.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Chairman James P. Gorman sold 100,000 shares of the stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $90.21, for a total transaction of $9,021,000.00. Following the completion of the transaction, the chairman now owns 414,870 shares in the company, valued at approximately $37,425,422.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Charles Aubrey Smith III sold 11,200 shares of the stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of $90.09, for a total value of $1,009,008.00. Following the transaction, the insider now owns 126,190 shares of the company’s stock, valued at approximately $11,368,457.10. The disclosure for this sale can be found here. Insiders sold a total of 118,154 shares of company stock valued at $10,722,696 in the last ninety days. 0.24% of the stock is currently owned by insiders.

Morgan Stanley Stock Up 0.1 %

NYSE MS traded up $0.12 on Wednesday, reaching $102.73. The company had a trading volume of 496,823 shares, compared to its average volume of 7,470,787. The stock has a market capitalization of $166.95 billion, a P/E ratio of 18.69, a P/E/G ratio of 1.23 and a beta of 1.38. The company’s fifty day moving average is $97.69 and its 200 day moving average is $92.23. Morgan Stanley has a 52-week low of $69.42 and a 52-week high of $103.25. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.97.

Morgan Stanley (NYSE:MSGet Free Report) last announced its earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.33. Morgan Stanley had a return on equity of 10.88% and a net margin of 9.57%. The firm had revenue of $15.14 billion during the quarter, compared to analyst estimates of $14.42 billion. During the same period last year, the firm posted $1.70 EPS. The business’s revenue was up 4.3% compared to the same quarter last year. Sell-side analysts anticipate that Morgan Stanley will post 6.81 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th were given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 3.31%. The ex-dividend date was Monday, April 29th. Morgan Stanley’s dividend payout ratio is presently 61.93%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MS shares. Keefe, Bruyette & Woods increased their price target on Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a report on Wednesday, April 17th. Jefferies Financial Group increased their price target on Morgan Stanley from $107.00 to $109.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. BMO Capital Markets increased their price target on Morgan Stanley from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Cfra increased their target price on Morgan Stanley from $97.00 to $108.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Finally, UBS Group increased their target price on Morgan Stanley from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Tuesday. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $99.07.

View Our Latest Report on Morgan Stanley

Morgan Stanley Profile

(Free Report)

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.

Further Reading

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

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