Cambient Family Office LLC Buys New Stake in Morgan Stanley $MS

Cambient Family Office LLC bought a new stake in shares of Morgan Stanley (NYSE:MS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,151 shares of the financial services provider’s stock, valued at approximately $737,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Motiv8 Investments LLC bought a new position in shares of Morgan Stanley in the fourth quarter worth $25,000. Olistico Wealth LLC bought a new stake in shares of Morgan Stanley during the fourth quarter valued at about $27,000. Lodestone Wealth Management LLC bought a new stake in shares of Morgan Stanley during the fourth quarter valued at about $28,000. WFA of San Diego LLC acquired a new stake in Morgan Stanley in the second quarter worth about $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new stake in Morgan Stanley in the fourth quarter worth about $31,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Transactions at Morgan Stanley

In other news, insider Eric F. Grossman sold 11,118 shares of Morgan Stanley stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $190.75, for a total value of $2,120,758.50. Following the transaction, the insider owned 169,403 shares of the company’s stock, valued at $32,313,622.25. The trade was a 6.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Daniel A. Simkowitz sold 14,690 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $189.24, for a total transaction of $2,779,935.60. Following the completion of the sale, the insider owned 365,802 shares in the company, valued at $69,224,370.48. The trade was a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 77,476 shares of company stock valued at $14,644,762 in the last quarter. Insiders own 0.17% of the company’s stock.

Key Stories Impacting Morgan Stanley

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

• Positive Sentiment: Morgan Stanley Investment Management and Ridgeback Group agreed to buy Metra Living for £1.045 billion, expanding MS into U.K. rental housing and underscoring its private-markets and real estate growth strategy. Morgan Stanley (MS) Buys Into UK Rentals With £1.045b Metra Living Deal
• Positive Sentiment: Recent coverage says Morgan Stanley is also benefiting from renewed investor enthusiasm for banks, with the broader financial sector hitting records ahead of the Fed meeting, which is helping support MS sentiment. Big Bank Stocks Hit Records Ahead of Fed Meeting
• Positive Sentiment: News flow continues to frame MS as a long-term growth and wealth-management winner, with commentary highlighting its ambition to reach $10 trillion in client assets and potential upside from a future SpaceX IPO mandate. Morgan Stanley (MS) Is Chasing $10 Trillion In Wealth And A SpaceX Boost
• Neutral Sentiment: Other headlines around Morgan Stanley today were mostly research-related, including notes on oil and sector calls, which are more likely to affect sentiment around specific industries than MS’s core earnings outlook.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. BMO Capital Markets raised their target price on shares of Morgan Stanley from $190.00 to $220.00 and gave the company an “outperform” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. upped their price target on shares of Morgan Stanley from $179.00 to $187.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. The Goldman Sachs Group increased their price objective on shares of Morgan Stanley from $186.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, April 16th. Rothschild & Co Redburn raised their price objective on shares of Morgan Stanley from $171.00 to $183.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, BNP Paribas Exane boosted their target price on Morgan Stanley from $195.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Twelve equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $206.35.

Morgan Stanley Trading Down 0.6%

Shares of MS stock opened at $223.69 on Friday. The stock has a 50-day simple moving average of $198.14 and a 200 day simple moving average of $182.49. Morgan Stanley has a fifty-two week low of $130.90 and a fifty-two week high of $230.47. The stock has a market capitalization of $352.82 billion, a P/E ratio of 20.26, a P/E/G ratio of 1.69 and a beta of 1.23. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52.

Morgan Stanley (NYSE:MS) last released its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.41. Morgan Stanley had a return on equity of 17.70% and a net margin of 14.65%.The firm had revenue of $20.58 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same period in the previous year, the company earned $2.60 earnings per share. Morgan Stanley’s revenue was up 16.0% compared to the same quarter last year. On average, sell-side analysts expect that Morgan Stanley will post 11.87 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were given a dividend of $1.00 per share. The ex-dividend date was Thursday, April 30th. This represents a $4.00 annualized dividend and a dividend yield of 1.8%. Morgan Stanley’s dividend payout ratio (DPR) is 36.23%.

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.