Bank of Jackson Hole Trust Acquires New Holdings in Morgan Stanley (NYSE:MS)

Bank of Jackson Hole Trust acquired a new position in Morgan Stanley (NYSE:MS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,576 shares of the financial services provider's stock, valued at approximately $1,078,000.

Other hedge funds also recently made changes to their positions in the company. Peoples Bank KS purchased a new stake in shares of Morgan Stanley during the fourth quarter valued at approximately $25,000. Northwest Investment Counselors LLC bought a new position in shares of Morgan Stanley during the 3rd quarter valued at approximately $26,000. Stonebridge Financial Group LLC purchased a new stake in Morgan Stanley during the fourth quarter valued at approximately $35,000. Rakuten Securities Inc. lifted its holdings in shares of Morgan Stanley by 138.1% in the 3rd quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider's stock worth $31,000 after acquiring an additional 174 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new position in Morgan Stanley in the 4th quarter valued at $43,000. 84.19% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Morgan Stanley

In related news, insider Eric F. Grossman sold 13,097 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the transaction, the insider now owns 197,444 shares in the company, valued at $26,891,872.80. This trade represents a 6.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Raja Akram sold 17,500 shares of the business's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total value of $2,380,175.00. Following the sale, the chief financial officer now owns 81,440 shares in the company, valued at approximately $11,076,654.40. The trade was a 17.69 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.24% of the company's stock.

Morgan Stanley Price Performance

MS stock traded down $2.74 during trading on Friday, hitting $131.60. The stock had a trading volume of 6,701,387 shares, compared to its average volume of 6,566,525. The stock has a market cap of $212.02 billion, a price-to-earnings ratio of 16.57, a price-to-earnings-growth ratio of 1.24 and a beta of 1.37. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.80 and a current ratio of 0.80. Morgan Stanley has a 1-year low of $84.43 and a 1-year high of $142.03. The company's 50 day moving average price is $132.28 and its two-hundred day moving average price is $119.50.

Morgan Stanley (NYSE:MS - Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 EPS for the quarter, beating the consensus estimate of $1.54 by $0.68. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The company had revenue of $16.23 billion for the quarter, compared to analyst estimates of $15.03 billion. During the same period last year, the company posted $1.13 earnings per share. The firm's revenue was up 25.9% compared to the same quarter last year. On average, sell-side analysts forecast that Morgan Stanley will post 8.56 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were issued a dividend of $0.925 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.81%. Morgan Stanley's dividend payout ratio (DPR) is presently 46.60%.

Analysts Set New Price Targets

Several research analysts have issued reports on MS shares. JPMorgan Chase & Co. increased their target price on shares of Morgan Stanley from $104.00 to $108.00 and gave the stock a "neutral" rating in a report on Monday, January 13th. Citigroup raised their price objective on Morgan Stanley from $105.00 to $135.00 and gave the company a "neutral" rating in a report on Monday, November 25th. Hsbc Global Res cut Morgan Stanley from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. Keefe, Bruyette & Woods raised their target price on Morgan Stanley from $138.00 to $145.00 and gave the company a "market perform" rating in a report on Friday, January 17th. Finally, Evercore ISI increased their target price on Morgan Stanley from $140.00 to $150.00 and gave the company an "outperform" rating in a report on Friday, January 17th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Morgan Stanley presently has an average rating of "Hold" and a consensus price target of $131.27.

Morgan Stanley 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.