TigerOak Management L.L.C. Takes $998,000 Position in Morgan Stanley (NYSE:MS)

TigerOak Management L.L.C. acquired a new stake in Morgan Stanley (NYSE:MS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,942 shares of the financial services provider’s stock, valued at approximately $998,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peoples Bank KS purchased a new position in shares of Morgan Stanley in the 4th quarter valued at $25,000. Northwest Investment Counselors LLC purchased a new position in shares of Morgan Stanley in the 3rd quarter valued at $26,000. Rakuten Securities Inc. grew its position 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 valued at $31,000 after buying an additional 174 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of Morgan Stanley in the 4th quarter valued at $35,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Morgan Stanley in the 3rd quarter valued at $36,000. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Morgan Stanley Stock Up 1.7 %

MS stock opened at $139.19 on Friday. Morgan Stanley has a one year low of $84.41 and a one year high of $142.03. The stock has a market capitalization of $224.24 billion, a PE ratio of 17.53, 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. The company has a fifty day moving average of $131.40 and a 200-day moving average of $118.46.

Morgan Stanley (NYSE:MS) last announced 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 net margin of 12.48% and a return on equity of 14.39%. The firm had revenue of $16.23 billion during the quarter, compared to analysts’ expectations of $15.03 billion. During the same quarter last year, the business earned $1.13 earnings per share. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. As a group, analysts expect that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a $0.925 dividend. This represents a $3.70 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Friday, January 31st. Morgan Stanley’s dividend payout ratio (DPR) is 46.60%.

Analyst Ratings Changes

MS has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods increased their target price on shares of Morgan Stanley from $138.00 to $145.00 and gave the company a “market perform” rating in a research report on Friday, January 17th. Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Evercore ISI raised their price objective on shares of Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. UBS Group raised their price objective on shares of Morgan Stanley from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. Finally, Bank of America raised their price objective on shares of Morgan Stanley from $146.00 to $153.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Morgan Stanley has an average rating of “Hold” and a consensus price target of $131.27.

Insider Activity at Morgan Stanley

In other Morgan Stanley news, insider Eric F. Grossman sold 13,097 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The shares were 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 in the company, valued at approximately $26,891,872.80. The trade was a 6.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the transaction, the chief financial officer now owns 81,440 shares of the company’s stock, 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. Company insiders own 0.24% of the company’s stock.

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.