SVB Wealth LLC bought a new stake in Morgan Stanley (NYSE:MS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,333 shares of the financial services provider's stock, valued at approximately $2,053,000.
Other institutional investors also recently modified their holdings of the company. Peoples Bank KS bought a new position in shares of Morgan Stanley in the fourth quarter valued at approximately $25,000. Rakuten Securities Inc. grew its holdings in Morgan Stanley by 138.1% during the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 174 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of Morgan Stanley in the fourth quarter worth $35,000. Capital Performance Advisors LLP bought a new position in shares of Morgan Stanley in the third quarter worth $36,000. Finally, Planning Capital Management Corp boosted its holdings in shares of Morgan Stanley by 115.1% in the third quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider's stock worth $37,000 after acquiring an additional 191 shares during the period. 84.19% of the stock is owned by institutional investors.
MS opened at $133.11 on Monday. The company has a market cap of $214.69 billion, a P/E ratio of 16.76, a P/E/G ratio of 1.18 and a beta of 1.37. The business's 50-day moving average price is $132.99 and its 200-day moving average price is $121.37. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 12 month low of $84.43 and a 12 month high of $142.03.
Morgan Stanley (NYSE:MS - Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 EPS for the quarter, topping the consensus estimate of $1.54 by $0.68. The firm had revenue of $16.23 billion for the quarter, compared to the consensus estimate of $15.03 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The company's quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 earnings per share. On average, equities analysts expect that Morgan Stanley will post 8.56 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a $0.925 dividend. The ex-dividend date was Friday, January 31st. This represents a $3.70 annualized dividend and a dividend yield of 2.78%. Morgan Stanley's payout ratio is presently 46.60%.
A number of research firms have recently commented on MS. UBS Group raised their price target on Morgan Stanley from $130.00 to $140.00 and gave the stock a "neutral" rating in a report on Tuesday, January 21st. HSBC downgraded Morgan Stanley from a "buy" rating to a "hold" rating and increased their price objective for the stock from $128.00 to $131.00 in a research report on Tuesday, November 26th. Hsbc Global Res downgraded Morgan Stanley from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 26th. Keefe, Bruyette & Woods raised their price target on Morgan Stanley from $138.00 to $145.00 and gave the company a "market perform" rating in a research report on Friday, January 17th. Finally, Bank of America raised their price target on Morgan Stanley from $146.00 to $153.00 and gave the company a "buy" rating in a research report on Friday, January 17th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $131.27.
Get Our Latest Analysis on MS
In related news, CFO Raja Akram sold 17,500 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total value of $2,380,175.00. Following the sale, the chief financial officer now directly owns 81,440 shares of the company's stock, valued at $11,076,654.40. This trade represents a 17.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Eric F. Grossman sold 13,097 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the sale, the insider now directly owns 197,444 shares in the company, valued at $26,891,872.80. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.
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.
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