Meadow Creek Wealth Advisors LLC lifted its position in shares of Morgan Stanley (NYSE:MS – Free Report) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,577 shares of the financial services provider’s stock after purchasing an additional 96 shares during the quarter. Meadow Creek Wealth Advisors LLC’s holdings in Morgan Stanley were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Franklin Resources Inc. increased its stake in shares of Morgan Stanley by 75.2% in the 3rd quarter. Franklin Resources Inc. now owns 7,850,848 shares of the financial services provider’s stock worth $881,493,000 after acquiring an additional 3,369,520 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Morgan Stanley by 382.4% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,597,800 shares of the financial services provider’s stock valued at $166,555,000 after purchasing an additional 1,266,600 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Morgan Stanley during the fourth quarter valued at approximately $89,761,000. Fisher Asset Management LLC boosted its position in shares of Morgan Stanley by 2.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,404,981 shares of the financial services provider’s stock worth $2,335,495,000 after purchasing an additional 590,872 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Morgan Stanley by 71.2% in the 3rd quarter. HighTower Advisors LLC now owns 1,370,572 shares of the financial services provider’s stock worth $140,077,000 after buying an additional 569,789 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.
Morgan Stanley Stock Up 1.6 %
MS stock opened at $138.97 on Thursday. The company has a market cap of $223.89 billion, a price-to-earnings ratio of 17.50, a P/E/G ratio of 1.22 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. The business’s 50-day moving average is $130.16 and its two-hundred day moving average is $116.67. Morgan Stanley has a fifty-two week low of $83.09 and a fifty-two week high of $141.48.
Morgan Stanley Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a $0.925 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a yield of 2.66%. Morgan Stanley’s dividend payout ratio is currently 46.60%.
Analyst Ratings Changes
MS has been the subject of a number of recent research reports. Keefe, Bruyette & Woods lifted their price objective on Morgan Stanley from $138.00 to $145.00 and gave the company a “market perform” rating in a research note on Friday, January 17th. HSBC lowered Morgan Stanley from a “buy” rating to a “hold” rating and lifted their price target for the stock from $128.00 to $131.00 in a research report on Tuesday, November 26th. JPMorgan Chase & Co. increased their price objective on shares of Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, January 13th. Hsbc Global Res cut shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, Barclays increased their price target on shares of Morgan Stanley from $155.00 to $156.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Morgan Stanley has an average rating of “Hold” and an average price target of $131.27.
Get Our Latest Stock Report on Morgan Stanley
Insider Buying and Selling
In other Morgan Stanley news, CFO Raja Akram sold 17,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $136.01, for a total transaction 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. This trade represents a 17.69 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric F. Grossman sold 13,097 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total transaction of $1,783,811.40. Following the completion of the transaction, the insider now owns 197,444 shares of the company’s stock, valued at approximately $26,891,872.80. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.
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.
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