Dorsey & Whitney Trust CO LLC Has $907,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Dorsey & Whitney Trust CO LLC cut its holdings in shares of Morgan Stanley (NYSE:MSFree Report) by 2.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,102 shares of the financial services provider’s stock after selling 308 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Morgan Stanley were worth $907,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. BlackRock Inc. increased its stake in Morgan Stanley by 4.0% in the second quarter. BlackRock Inc. now owns 90,635,593 shares of the financial services provider’s stock valued at $7,740,280,000 after acquiring an additional 3,480,402 shares during the last quarter. Capital Research Global Investors increased its stake in Morgan Stanley by 7.3% in the second quarter. Capital Research Global Investors now owns 28,073,015 shares of the financial services provider’s stock valued at $2,397,435,000 after acquiring an additional 1,908,648 shares during the last quarter. Capital International Investors increased its stake in Morgan Stanley by 5.8% in the second quarter. Capital International Investors now owns 24,463,443 shares of the financial services provider’s stock valued at $2,089,138,000 after acquiring an additional 1,341,559 shares during the last quarter. Geode Capital Management LLC increased its stake in Morgan Stanley by 1.8% in the second quarter. Geode Capital Management LLC now owns 23,626,016 shares of the financial services provider’s stock valued at $2,012,223,000 after acquiring an additional 422,710 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in Morgan Stanley by 3.1% in the second quarter. Fisher Asset Management LLC now owns 19,920,050 shares of the financial services provider’s stock valued at $1,701,171,000 after acquiring an additional 604,214 shares during the last quarter. 83.09% of the stock is owned by institutional investors.

Insider Buying and Selling at Morgan Stanley

In other Morgan Stanley news, CFO Raja Akram sold 7,000 shares of Morgan Stanley stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $83.56, for a total value of $584,920.00. Following the completion of the sale, the chief financial officer now directly owns 97,634 shares of the company’s stock, valued at $8,158,297.04. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Chairman James P. Gorman sold 50,000 shares of the business’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $87.93, for a total transaction of $4,396,500.00. Following the completion of the sale, the chairman now directly owns 400,000 shares of the company’s stock, valued at $35,172,000. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Raja Akram sold 7,000 shares of the business’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $83.56, for a total transaction of $584,920.00. Following the sale, the chief financial officer now directly owns 97,634 shares of the company’s stock, valued at $8,158,297.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 81,500 shares of company stock valued at $7,095,265. Corporate insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MS. Bank of America lifted their price objective on shares of Morgan Stanley from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, January 4th. The Goldman Sachs Group raised their target price on shares of Morgan Stanley from $89.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, December 19th. HSBC lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating and set a $96.00 target price on the stock. in a research report on Tuesday, January 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $85.00 target price on shares of Morgan Stanley in a research report on Thursday, December 21st. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $91.00 target price (down previously from $102.00) on shares of Morgan Stanley in a research report on Wednesday, January 17th. Thirteen research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $94.56.

Check Out Our Latest Research Report on Morgan Stanley

Morgan Stanley Price Performance

MS stock opened at $85.89 on Tuesday. The firm has a market cap of $140.97 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.76 and a beta of 1.44. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.70. Morgan Stanley has a 12-month low of $69.42 and a 12-month high of $100.99. The company’s fifty day simple moving average is $87.75 and its 200 day simple moving average is $84.12.

Morgan Stanley (NYSE:MSGet Free Report) last posted its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.06. Morgan Stanley had a net margin of 9.49% and a return on equity of 10.33%. The firm had revenue of $12.90 billion during the quarter, compared to the consensus estimate of $12.77 billion. During the same period in the previous year, the firm posted $1.31 earnings per share. The business’s revenue was up 1.2% compared to the same quarter last year. On average, analysts expect that Morgan Stanley will post 6.38 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 3.96%. The ex-dividend date is Tuesday, January 30th. Morgan Stanley’s dividend payout ratio (DPR) is currently 65.76%.

Morgan Stanley Company 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.

See Also

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

Receive News & Ratings for Morgan Stanley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley and related companies with MarketBeat.com's FREE daily email newsletter.