Lmcg Investments LLC boosted its stake in Morgan Stanley (NYSE:MS - Free Report) by 143.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,790 shares of the financial services provider's stock after buying an additional 47,544 shares during the quarter. Lmcg Investments LLC's holdings in Morgan Stanley were worth $10,157,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Peoples Bank KS purchased a new stake in shares of Morgan Stanley during the 4th quarter valued at $25,000. Northwest Investment Counselors LLC bought a new position in Morgan Stanley in the 3rd quarter worth about $26,000. Rakuten Securities Inc. boosted its stake in 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 purchasing an additional 174 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Morgan Stanley in the 3rd quarter valued at about $36,000. Finally, Planning Capital Management Corp raised its holdings in shares of Morgan Stanley by 115.1% in the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider's stock valued at $37,000 after acquiring an additional 191 shares in the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.
Morgan Stanley Stock Down 1.4 %
NYSE MS traded down $1.87 on Tuesday, reaching $136.00. 5,375,948 shares of the stock traded hands, compared to its average volume of 7,932,460. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.80 and a current ratio of 0.80. The company has a fifty day moving average price of $129.13 and a 200-day moving average price of $114.03. The company has a market cap of $219.10 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.08 and a beta of 1.36. Morgan Stanley has a 12 month low of $83.09 and a 12 month high of $138.08.
Morgan Stanley (NYSE:MS - Get Free Report) last announced its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.68. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The business had revenue of $16.23 billion for the quarter, compared to the consensus estimate of $15.03 billion. During the same period last year, the business posted $1.13 EPS. The business's revenue was up 25.9% compared to the same quarter last year. As a group, research analysts forecast that Morgan Stanley will post 8.06 EPS for the current fiscal year.
Morgan Stanley Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be paid a dividend of $0.925 per share. The ex-dividend date is Friday, January 31st. This represents a $3.70 annualized dividend and a yield of 2.72%. Morgan Stanley's dividend payout ratio (DPR) is 46.60%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on MS shares. Evercore ISI lifted their price objective on Morgan Stanley from $140.00 to $150.00 and gave the stock an "outperform" rating in a research report on Friday. Citigroup increased their target price on Morgan Stanley from $105.00 to $135.00 and gave the stock a "neutral" rating in a research note on Monday, November 25th. JPMorgan Chase & Co. upped their price target on Morgan Stanley from $104.00 to $108.00 and gave the company a "neutral" rating in a report on Monday, January 13th. 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 report on Thursday, October 17th. Finally, Wells Fargo & Company raised Morgan Stanley from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $107.00 to $142.00 in a report on Friday, November 15th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $131.27.
View Our Latest Report on Morgan Stanley
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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