Morgan Stanley (NYSE:MS) Shares Sold by Dupont Capital Management Corp

Dupont Capital Management Corp decreased its holdings in Morgan Stanley (NYSE:MSFree Report) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 112,672 shares of the financial services provider’s stock after selling 2,930 shares during the quarter. Dupont Capital Management Corp’s holdings in Morgan Stanley were worth $10,507,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. FMR LLC lifted its position in shares of Morgan Stanley by 21.2% during the 3rd quarter. FMR LLC now owns 23,474,452 shares of the financial services provider’s stock worth $1,917,159,000 after purchasing an additional 4,098,577 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Morgan Stanley by 3.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 13,159,271 shares of the financial services provider’s stock worth $1,074,718,000 after purchasing an additional 415,531 shares during the last quarter. Northern Trust Corp lifted its position in shares of Morgan Stanley by 2.2% during the 3rd quarter. Northern Trust Corp now owns 13,107,965 shares of the financial services provider’s stock worth $1,070,528,000 after purchasing an additional 277,909 shares during the last quarter. Norges Bank purchased a new stake in shares of Morgan Stanley during the 4th quarter worth $956,566,000. Finally, Moneta Group Investment Advisors LLC lifted its position in shares of Morgan Stanley by 125,756.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,641,190 shares of the financial services provider’s stock worth $904,714,000 after purchasing an additional 10,632,735 shares during the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.

Morgan Stanley Trading Down 0.9 %

Shares of MS 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. The firm’s 50-day moving average is $87.85 and its two-hundred day moving average is $84.31. Morgan Stanley has a twelve month low of $69.42 and a twelve month high of $95.57. The firm has a market capitalization 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 issued its earnings results 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. Morgan Stanley had a net margin of 9.49% and a return on equity of 10.36%. The company had revenue of $12.90 billion for the quarter, compared to analyst estimates of $12.77 billion. During the same period in the prior year, the business posted $1.31 earnings per share. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, research analysts predict that Morgan Stanley will post 6.35 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MS shares. UBS Group boosted their price target on shares of Morgan Stanley from $80.00 to $95.00 and gave the company a “neutral” rating in a research report on Tuesday, January 9th. HSBC boosted their price target on shares of Morgan Stanley from $96.00 to $100.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. BMO Capital Markets boosted their price target on shares of Morgan Stanley from $106.00 to $107.00 and gave the company an “outperform” rating in a research report on Wednesday, January 17th. TheStreet raised shares of Morgan Stanley from a “c+” rating to a “b” rating in a research report on Wednesday, March 6th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $91.00 target price (down from $102.00) on shares of Morgan Stanley in a 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 given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $94.45.

Get Our Latest Report on Morgan Stanley

Insider Activity

In other news, CFO Raja Akram sold 7,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 97,634 shares in the company, valued at $8,158,297.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Andrew M. Saperstein sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $84.13, for a total transaction of $841,300.00. Following the transaction, the insider now owns 323,490 shares of the company’s stock, valued at $27,215,213.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Raja Akram sold 7,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 97,634 shares in the company, valued at approximately $8,158,297.04. The disclosure for this sale can be found here. Insiders have sold 208,155 shares of company stock worth $18,149,314 over the last ninety days. 0.24% of the stock is currently owned by insiders.

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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Want to see what other hedge funds are holding MS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley (NYSE:MSFree Report).

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

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