Diversified Trust Co Grows Stock Holdings in Morgan Stanley (NYSE:MS)

Diversified Trust Co increased its stake in shares of Morgan Stanley (NYSE:MSFree Report) by 43.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,160 shares of the financial services provider’s stock after acquiring an additional 3,363 shares during the quarter. Diversified Trust Co’s holdings in Morgan Stanley were worth $911,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Schroder Investment Management Group increased its stake in shares of Morgan Stanley by 6.6% during the second quarter. Schroder Investment Management Group now owns 3,363,735 shares of the financial services provider’s stock worth $287,263,000 after acquiring an additional 208,026 shares during the period. Wolff Wiese Magana LLC lifted its holdings in shares of Morgan Stanley by 3.2% in the third quarter. Wolff Wiese Magana LLC now owns 18,896 shares of the financial services provider’s stock valued at $1,543,000 after purchasing an additional 580 shares in the last quarter. Calamos Wealth Management LLC lifted its holdings in shares of Morgan Stanley by 2.9% in the third quarter. Calamos Wealth Management LLC now owns 10,400 shares of the financial services provider’s stock valued at $849,000 after purchasing an additional 290 shares in the last quarter. Dakota Wealth Management lifted its holdings in shares of Morgan Stanley by 16.2% in the third quarter. Dakota Wealth Management now owns 12,803 shares of the financial services provider’s stock valued at $1,046,000 after purchasing an additional 1,785 shares in the last quarter. Finally, CBOE Vest Financial LLC lifted its holdings in shares of Morgan Stanley by 75.4% in the third quarter. CBOE Vest Financial LLC now owns 104,017 shares of the financial services provider’s stock valued at $8,495,000 after purchasing an additional 44,725 shares in the last quarter. 83.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MS shares. Bank of America upped their price target on shares of Morgan Stanley from $95.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, January 4th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $91.00 price objective (down previously from $102.00) on shares of Morgan Stanley in a research report on Wednesday, January 17th. Royal Bank of Canada reissued a “sector perform” rating and issued a $85.00 price objective on shares of Morgan Stanley in a research report on Thursday, December 21st. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $87.00 price objective (down previously from $94.00) on shares of Morgan Stanley in a research report on Wednesday, January 17th. Finally, BNP Paribas lowered shares of Morgan Stanley from an “outperform” rating to a “neutral” rating and set a $85.00 price objective for the company. in a research report on Monday, November 20th. Thirteen equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Morgan Stanley has a consensus rating of “Hold” and an average target price of $94.56.

View Our Latest Analysis on Morgan Stanley

Insiders Place Their Bets

In other Morgan Stanley news, CFO Raja Akram sold 7,000 shares of the firm’s stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $83.56, for a total transaction of $584,920.00. Following the completion of the transaction, the chief financial officer now directly owns 97,634 shares of the company’s stock, valued at approximately $8,158,297.04. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Chairman James P. Gorman sold 50,000 shares of Morgan Stanley stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $87.93, for a total value of $4,396,500.00. Following the completion of the transaction, the chairman now directly owns 400,000 shares of the company’s stock, valued at approximately $35,172,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Raja Akram sold 7,000 shares of Morgan Stanley stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $83.56, for a total transaction of $584,920.00. Following the completion of the transaction, 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. Insiders sold a total of 208,155 shares of company stock valued at $18,149,314 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Morgan Stanley Price Performance

MS opened at $87.03 on Wednesday. The company has a fifty day simple moving average of $87.29 and a 200 day simple moving average of $83.72. The firm has a market cap of $142.32 billion, a price-to-earnings ratio of 16.83, a PEG ratio of 1.76 and a beta of 1.43. Morgan Stanley has a twelve month low of $69.42 and a twelve month high of $95.57. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.89.

Morgan Stanley (NYSE:MSGet Free Report) last announced its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.06. The company had revenue of $12.90 billion during the quarter, compared to analyst estimates of $12.77 billion. Morgan Stanley had a net margin of 9.49% and a return on equity of 10.36%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the business earned $1.31 EPS. Equities research analysts expect that Morgan Stanley will post 6.37 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 3.91%. The ex-dividend date was Tuesday, January 30th. Morgan Stanley’s dividend payout ratio 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.

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

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