Integrated Investment Consultants LLC lifted its position in Morgan Stanley (NYSE:MS - Free Report) by 588.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,221 shares of the financial services provider's stock after buying an additional 14,721 shares during the quarter. Integrated Investment Consultants LLC's holdings in Morgan Stanley were worth $1,795,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in the company. Public Employees Retirement Association of Colorado raised its stake in shares of Morgan Stanley by 600.8% in the first quarter. Public Employees Retirement Association of Colorado now owns 1,301,835 shares of the financial services provider's stock valued at $122,581,000 after purchasing an additional 1,116,058 shares in the last quarter. Swedbank AB acquired a new position in shares of Morgan Stanley in the first quarter valued at $87,558,000. Zurich Insurance Group Ltd FI acquired a new position in shares of Morgan Stanley in the second quarter valued at $43,850,000. Rokos Capital Management LLP bought a new stake in Morgan Stanley in the first quarter valued at $41,208,000. Finally, Quadrature Capital Ltd bought a new stake in Morgan Stanley in the first quarter valued at $33,683,000. Institutional investors own 84.19% of the company's stock.
Wall Street Analysts Forecast Growth
MS has been the topic of a number of analyst reports. Jefferies Financial Group upped their price target on Morgan Stanley from $120.00 to $135.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. Wells Fargo & Company upgraded Morgan Stanley from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $107.00 to $142.00 in a report on Friday, November 15th. HSBC upgraded Morgan Stanley from a "hold" rating to a "buy" rating and set a $118.00 target price on the stock in a report on Friday, October 4th. Hsbc Global Res upgraded Morgan Stanley from a "hold" rating to a "strong-buy" rating in a report on Friday, October 4th. Finally, Royal Bank of Canada increased their target price on Morgan Stanley from $108.00 to $122.00 and gave the stock a "sector perform" rating in a report on Thursday, October 17th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $112.94.
Get Our Latest Stock Analysis on MS
Morgan Stanley Stock Up 2.6 %
Shares of NYSE:MS traded up $3.47 during mid-day trading on Thursday, reaching $135.17. 3,949,964 shares of the stock were exchanged, compared to its average volume of 7,075,311. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. The company has a market cap of $217.76 billion, a P/E ratio of 20.57, a P/E/G ratio of 1.23 and a beta of 1.34. Morgan Stanley has a one year low of $76.33 and a one year high of $135.57. The stock's 50 day simple moving average is $114.66 and its 200-day simple moving average is $104.68.
Morgan Stanley (NYSE:MS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.31. The business had revenue of $15.38 billion during the quarter, compared to the consensus estimate of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. As a group, equities research analysts predict that Morgan Stanley will post 7.32 EPS for the current year.
Morgan Stanley Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a $0.925 dividend. The ex-dividend date was Thursday, October 31st. This represents a $3.70 dividend on an annualized basis and a yield of 2.74%. Morgan Stanley's dividend payout ratio is 56.32%.
Insider Transactions at Morgan Stanley
In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of Morgan Stanley stock in a transaction on 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 directly owns 138,363 shares of the company's stock, valued at $16,488,718.71. The trade was a 30.25 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is currently owned by corporate insiders.
About Morgan Stanley
(
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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