Morgan Stanley (NYSE:MS) Shares Purchased by FAS Wealth Partners Inc.

FAS Wealth Partners Inc. increased its position in shares of Morgan Stanley (NYSE:MSFree Report) by 19.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,577 shares of the financial services provider’s stock after purchasing an additional 3,160 shares during the period. FAS Wealth Partners Inc.’s holdings in Morgan Stanley were worth $1,826,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MS. CGC Financial Services LLC increased its position in Morgan Stanley by 5,200.0% during the fourth quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 260 shares during the last quarter. RVW Wealth LLC purchased a new position in Morgan Stanley during the third quarter worth about $27,000. Glass Jacobson Investment Advisors llc boosted its stake in Morgan Stanley by 77.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock worth $27,000 after buying an additional 143 shares during the period. DHJJ Financial Advisors Ltd. purchased a new position in Morgan Stanley during the third quarter worth about $28,000. Finally, Janiczek Wealth Management LLC boosted its stake in Morgan Stanley by 810.8% during the third quarter. Janiczek Wealth Management LLC now owns 337 shares of the financial services provider’s stock worth $28,000 after buying an additional 300 shares during the period. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Morgan Stanley Stock Down 0.9 %

MS stock opened at $92.71 on Wednesday. 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 has a twelve month low of $69.42 and a twelve month high of $95.57. The company’s 50 day moving average is $87.85 and its two-hundred day moving average is $84.31. The stock has a market cap of $151.61 billion, a P/E ratio of 17.93, a PEG ratio of 1.89 and a beta of 1.43.

Morgan Stanley (NYSE:MSGet Free Report) last announced its earnings results on Tuesday, January 16th. The financial services provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.06. The business had revenue of $12.90 billion for the quarter, compared to analysts’ expectations of $12.77 billion. Morgan Stanley had a net margin of 9.49% and a return on equity of 10.36%. The company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.31 EPS. Research analysts expect that Morgan Stanley will post 6.35 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were issued a $0.85 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.67%. Morgan Stanley’s payout ratio is 65.76%.

Analysts Set New Price Targets

Several research analysts have weighed in on MS shares. HSBC increased their target price on shares of Morgan Stanley from $96.00 to $100.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Oppenheimer decreased their price target on shares of Morgan Stanley from $109.00 to $97.00 and set an “outperform” rating for the company in a research note on Tuesday, March 19th. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $91.00 price target (down previously from $102.00) on shares of Morgan Stanley in a research note on Wednesday, January 17th. TheStreet upgraded shares of Morgan Stanley from a “c+” rating to a “b” rating in a research note on Wednesday, March 6th. Finally, The Goldman Sachs Group lifted their price target on shares of Morgan Stanley from $89.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, December 19th. Thirteen 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 data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $94.45.

Read Our Latest Research Report on Morgan Stanley

Insider Activity

In other 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 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Morgan Stanley news, Chairman James P. Gorman sold 100,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $87.30, for a total value of $8,730,000.00. Following the transaction, the chairman now directly owns 350,000 shares of the company’s stock, valued at approximately $30,555,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Raja Akram sold 7,000 shares of the business’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 in the company, valued at $8,158,297.04. The disclosure for this sale can be found here. Insiders have sold 208,155 shares of company stock valued at $18,149,314 in the last ninety days. 0.24% of the stock is currently owned by company insiders.

Morgan Stanley 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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