Wrapmanager Inc. Grows Stock Holdings in Morgan Stanley (NYSE:MS)

Wrapmanager Inc. raised its stake in Morgan Stanley (NYSE:MSFree Report) by 39.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 3,243 shares of the financial services provider’s stock after buying an additional 918 shares during the quarter. Wrapmanager Inc.’s holdings in Morgan Stanley were worth $338,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rosenberg Matthew Hamilton grew its holdings in shares of Morgan Stanley by 2.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock worth $391,000 after acquiring an additional 96 shares during the period. Omnia Family Wealth LLC grew its holdings in Morgan Stanley by 3.3% in the third quarter. Omnia Family Wealth LLC now owns 3,063 shares of the financial services provider’s stock valued at $319,000 after purchasing an additional 97 shares during the last quarter. TFB Advisors LLC increased its position in shares of Morgan Stanley by 3.9% in the third quarter. TFB Advisors LLC now owns 2,662 shares of the financial services provider’s stock valued at $277,000 after buying an additional 99 shares in the last quarter. Compagnie Lombard Odier SCmA raised its stake in shares of Morgan Stanley by 0.3% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock worth $3,529,000 after buying an additional 100 shares during the last quarter. Finally, Lansing Street Advisors boosted its position in shares of Morgan Stanley by 0.8% in the 3rd quarter. Lansing Street Advisors now owns 12,284 shares of the financial services provider’s stock worth $1,280,000 after buying an additional 103 shares in the last quarter. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. The Goldman Sachs Group raised their target price on shares of Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. UBS Group lifted their price objective on Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Barclays increased their target price on Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 17th. HSBC raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $118.00 price target for the company in a report on Friday, October 4th. Finally, Royal Bank of Canada increased their price objective on Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research note on Thursday, October 17th. Eleven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Morgan Stanley has an average rating of “Hold” and an average price target of $111.29.

Get Our Latest Analysis on MS

Insiders Place Their Bets

In other news, Director Stephen J. Luczo sold 60,000 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $119.17, for a total value of $7,150,200.00. Following the completion of the sale, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This represents a 30.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.24% of the stock is owned by insiders.

Morgan Stanley Trading Down 1.2 %

Shares of MS opened at $132.21 on Wednesday. Morgan Stanley has a twelve month low of $76.33 and a twelve month high of $135.51. The firm has a market capitalization of $213.00 billion, a P/E ratio of 20.12, a price-to-earnings-growth ratio of 1.25 and a beta of 1.34. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The stock’s fifty day simple moving average is $113.97 and its 200 day simple moving average is $104.49.

Morgan Stanley (NYSE:MSGet Free Report) last released its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.31. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. The company had revenue of $15.38 billion for the quarter, compared to the consensus estimate of $14.27 billion. On average, equities research analysts forecast that Morgan Stanley will post 7.32 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.925 per share. The ex-dividend date was Thursday, October 31st. This represents a $3.70 annualized dividend and a yield of 2.80%. Morgan Stanley’s dividend payout ratio is currently 56.32%.

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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