Friedenthal Financial acquired a new stake in Morgan Stanley (NYSE:MS – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 407 shares of the financial services provider’s stock, valued at approximately $51,000.
Other institutional investors also recently modified their holdings of the company. Sivia Capital Partners LLC boosted its position in Morgan Stanley by 3.3% during the fourth quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 87 shares during the period. Bank of New Hampshire lifted its stake in shares of Morgan Stanley by 1.5% during the 4th quarter. Bank of New Hampshire now owns 6,313 shares of the financial services provider’s stock worth $794,000 after buying an additional 93 shares during the last quarter. Rosenberg Matthew Hamilton boosted its holdings in shares of Morgan Stanley by 2.6% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock worth $391,000 after buying an additional 96 shares during the period. Omnia Family Wealth LLC grew its stake in Morgan Stanley by 3.3% in the 3rd quarter. Omnia Family Wealth LLC now owns 3,063 shares of the financial services provider’s stock valued at $319,000 after buying an additional 97 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC raised its holdings in Morgan Stanley by 2.8% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 3,642 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 98 shares during the period. 84.19% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Morgan Stanley 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is owned by corporate insiders.
Morgan Stanley Stock Up 0.5 %
Morgan Stanley (NYSE:MS – Get Free Report) last released its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.31. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. The business had revenue of $15.38 billion for the quarter, compared to analyst estimates of $14.27 billion. Equities analysts expect that Morgan Stanley will post 7.33 earnings per share for the current fiscal year.
Morgan Stanley Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were issued a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a dividend yield of 2.98%. The ex-dividend date was Thursday, October 31st. Morgan Stanley’s dividend payout ratio (DPR) is presently 56.32%.
Analyst Upgrades and Downgrades
Several research firms have recently commented on MS. UBS Group upped their target price on Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. Barclays upped their price objective on Morgan Stanley from $135.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, January 6th. Hsbc Global Res downgraded Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. The Goldman Sachs Group upped their price target on shares of Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Morgan Stanley from $121.00 to $138.00 and gave the stock a “market perform” rating in a research note on Tuesday, December 3rd. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $126.07.
View Our Latest Report on Morgan Stanley
Morgan Stanley Company Profile
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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