1 week Ago By ABMN Staff
GAMMA Investing LLC boosted its stake in Morgan Stanley ( NYSE:MS – Free Report ) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,152 shares of the financial services provider’s stock after purchasing an additional 1,840 shares during the quarter.
GAMMA Investing LLC’s holdings in Morgan Stanley were worth $2,785,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds also recently bought and sold shares of MS. DGS Capital Management LLC increased its holdings in shares of Morgan Stanley by 28.
0% in the third quarter. DGS Capital Management LLC now owns 4,331 shares of the financial services provider’s stock worth $451,000 after purchasing an additional 947 shares during the period. Copley Financial Group Inc.
purchased a new position in Morgan Stanley during the third quarter worth about $641,000. Oddo BHF Asset Management Sas bought a new position in Morgan Stanley in the 3rd quarter worth about $730,000. Inspire Trust Co.
N.A. raised its holdings in shares of Morgan Stanley by 20.
5% in the 3rd quarter. Inspire Trust Co. N.
A. now owns 35,300 shares of the financial services provider’s stock valued at $3,680,000 after acquiring an additional 6,000 shares in the last quarter. Finally, Franklin Resources Inc.
grew its holdings in shares of Morgan Stanley by 75.2% during the third quarter. Franklin Resources Inc.
now owns 7,850,848 shares of the financial services provider’s stock worth $881,493,000 after purchasing an additional 3,369,520 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.
Insider Transactions at Morgan Stanley In related news, Director Stephen J. Luczo sold 60,000 shares of Morgan Stanley stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $119.
17, for a total value of $7,150,200.00. Following the sale, the director now owns 138,363 shares in the company, valued at $16,488,718.
71. The trade was a 30.25 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the SEC, which is available at this link . 0.24% of the stock is currently owned by company insiders.
Morgan Stanley Price Performance Morgan Stanley ( NYSE:MS – Get Free Report ) last issued its earnings results on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, topping the consensus estimate of $1.
57 by $0.31. Morgan Stanley had a net margin of 10.
64% and a return on equity of 12.58%. The company had revenue of $15.
38 billion for the quarter, compared to the consensus estimate of $14.27 billion. Analysts forecast that Morgan Stanley will post 7.
33 EPS for the current year. Morgan Stanley Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were paid a dividend of $0.
925 per share. This represents a $3.70 annualized dividend and a dividend yield of 2.
97%. The ex-dividend date of this dividend was Thursday, October 31st. Morgan Stanley’s dividend payout ratio (DPR) is 56.
32%. Analyst Ratings Changes A number of equities research analysts recently weighed in on the stock. HSBC downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and raised their target price for the company from $128.
00 to $131.00 in a research note on Tuesday, November 26th. Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th.
Wells Fargo & Company upgraded shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $107.00 to $142.00 in a research report on Friday, November 15th.
Royal Bank of Canada raised their price target on Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research report on Thursday, October 17th.
Finally, JPMorgan Chase & Co. upped their price objective on Morgan Stanley from $100.00 to $104.
00 and gave the stock a “neutral” rating in a report on Friday, December 6th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $121.
80. Check Out Our Latest Analysis on Morgan Stanley 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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