By otakuyassine3@gmail.com 
Diversify Wealth Management LLC grew its holdings in Morgan Stanley (NYSE:MS – Free Report) by 3.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,074 shares of the financial services provider’s stock after purchasing an additional 183 shares during the period. Diversify Wealth Management LLC’s holdings in Morgan Stanley were worth $750,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of MS. Peoples Bank KS acquired a new position in Morgan Stanley during the fourth quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new position in Morgan Stanley during the 3rd quarter worth approximately $26,000. Rakuten Securities Inc. lifted 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 valued at $31,000 after purchasing an additional 174 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in Morgan Stanley in the third quarter valued at approximately $36,000. Finally, Planning Capital Management Corp grew its stake in shares of Morgan Stanley by 115.1% during the third quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock worth $37,000 after buying an additional 191 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on MS shares. Jefferies Financial Group raised their price objective on Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, October 17th. The Goldman Sachs Group lifted their price target on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Bank of America upped their price objective on Morgan Stanley from $146.00 to $153.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Citigroup boosted their target price on shares of Morgan Stanley from $105.00 to $135.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Finally, Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Eleven research 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, Morgan Stanley currently has a consensus rating of “Hold” and a consensus target price of $131.27.
Morgan Stanley Stock Down 0.3 %
Shares of Morgan Stanley stock opened at $137.42 on Wednesday. The firm has a market cap of $221.39 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 1.08 and a beta of 1.36. The stock’s 50-day moving average is $129.13 and its 200 day moving average is $114.03. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. Morgan Stanley has a one year low of $83.09 and a one year high of $138.08.
Morgan Stanley (NYSE:MS – Get Free Report) last announced its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 EPS for the quarter, topping 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 company had revenue of $16.23 billion during the quarter, compared to the consensus estimate of $15.03 billion. During the same quarter last year, the firm posted $1.13 EPS. The company’s quarterly revenue was up 25.9% on a year-over-year basis. Equities research analysts anticipate that Morgan Stanley will post 8.06 EPS for the current year.
Morgan Stanley Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.925 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $3.70 annualized dividend and a dividend yield of 2.69%. Morgan Stanley’s dividend payout ratio is currently 46.60%.
About Morgan Stanley
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.
Featured Articles
Receive News & Ratings for Morgan Stanley Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Morgan Stanley and related companies with MarketBeat.com’s FREE daily email newsletter.