Private Trust Co. NA Raises Holdings in Morgan Stanley (NYSE:MS)

Private Trust Co. NA grew its position in Morgan Stanley (NYSE:MSGet Rating) by 15.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,584 shares of the financial services provider’s stock after buying an additional 1,283 shares during the quarter. Private Trust Co. NA’s holdings in Morgan Stanley were worth $838,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wealth Advisors of Iowa LLC purchased a new stake in shares of Morgan Stanley in the 4th quarter worth $270,000. O ROURKE & COMPANY Inc purchased a new stake in shares of Morgan Stanley in the 4th quarter worth $297,000. Telos Capital Management Inc. lifted its holdings in shares of Morgan Stanley by 1.6% in the 4th quarter. Telos Capital Management Inc. now owns 132,277 shares of the financial services provider’s stock worth $12,984,000 after buying an additional 2,107 shares during the period. Transcend Wealth Collective LLC lifted its stake in shares of Morgan Stanley by 11.7% during the 4th quarter. Transcend Wealth Collective LLC now owns 48,116 shares of the financial services provider’s stock worth $4,723,000 after purchasing an additional 5,038 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its stake in shares of Morgan Stanley by 3.2% during the 4th quarter. Westwood Holdings Group Inc. now owns 19,323 shares of the financial services provider’s stock worth $1,897,000 after purchasing an additional 597 shares during the last quarter. Institutional investors and hedge funds own 85.02% of the company’s stock.

Morgan Stanley stock opened at $74.40 on Thursday. The stock has a 50-day moving average of $81.98 and a two-hundred day moving average of $91.06. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.79 and a current ratio of 0.79. Morgan Stanley has a one year low of $72.49 and a one year high of $109.73. The stock has a market cap of $130.15 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 1.25 and a beta of 1.41.

Morgan Stanley (NYSE:MSGet Rating) last announced its quarterly earnings data on Thursday, April 14th. The financial services provider reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.37. The business had revenue of $14.80 billion for the quarter, compared to analyst estimates of $14.16 billion. Morgan Stanley had a return on equity of 15.15% and a net margin of 24.21%. The company’s revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.22 earnings per share. As a group, sell-side analysts predict that Morgan Stanley will post 7.31 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 13th. Stockholders of record on Friday, April 29th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date of this dividend was Thursday, April 28th. Morgan Stanley’s dividend payout ratio is presently 35.62%.

MS has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price objective on Morgan Stanley from $104.00 to $94.00 and set an “equal weight” rating for the company in a research note on Monday, April 4th. BMO Capital Markets upped their price objective on Morgan Stanley from $110.00 to $113.00 and gave the stock an “outperform” rating in a research note on Monday, April 18th. The Goldman Sachs Group set a $105.00 price objective on Morgan Stanley in a research note on Wednesday, April 20th. StockNews.com initiated coverage on Morgan Stanley in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Piper Sandler decreased their price objective on Morgan Stanley from $112.00 to $100.00 and set a “neutral” rating for the company in a research note on Tuesday, April 5th. Eleven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Morgan Stanley has a consensus rating of “Hold” and a consensus target price of $108.50.

In other news, Director Stephen J. Luczo acquired 25,000 shares of the business’s stock in a transaction dated Thursday, May 12th. The shares were acquired at an average cost of $79.30 per share, with a total value of $1,982,500.00. Following the completion of the acquisition, the director now owns 179,449 shares of the company’s stock, valued at $14,230,305.70. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.26% of the stock is currently owned by corporate insiders.

Morgan Stanley Profile (Get Rating)

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

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