Capstone Asset Management Co. decreased its position in shares of Morgan Stanley (NYSE:MS) by 0.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 119,494 shares of the financial services provider’s stock after selling 297 shares during the period. Capstone Asset Management Co.’s holdings in Morgan Stanley were worth $3,831,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MS. FineMark National Bank & Trust boosted its stake in shares of Morgan Stanley by 2.0% in the second quarter. FineMark National Bank & Trust now owns 4,332 shares of the financial services provider’s stock valued at $113,000 after buying an additional 84 shares during the last quarter. Buckingham Capital Management Inc. boosted its stake in shares of Morgan Stanley by 0.4% in the first quarter. Buckingham Capital Management Inc. now owns 35,092 shares of the financial services provider’s stock valued at $878,000 after buying an additional 138 shares during the last quarter. Rathbone Brothers plc boosted its stake in shares of Morgan Stanley by 0.3% in the second quarter. Rathbone Brothers plc now owns 63,268 shares of the financial services provider’s stock valued at $1,644,000 after buying an additional 160 shares during the last quarter. Beaumont Financial Partners LLC boosted its stake in shares of Morgan Stanley by 2.5% in the second quarter. Beaumont Financial Partners LLC now owns 9,027 shares of the financial services provider’s stock valued at $234,000 after buying an additional 218 shares during the last quarter. Finally, Cadence Capital Management LLC boosted its stake in shares of Morgan Stanley by 0.8% in the second quarter. Cadence Capital Management LLC now owns 26,865 shares of the financial services provider’s stock valued at $698,000 after buying an additional 219 shares during the last quarter. Institutional investors own 83.90% of the company’s stock.

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

Morgan Stanley (NYSE:MS) traded up 0.40% during mid-day trading on Tuesday, hitting $40.60. 8,602,834 shares of the stock were exchanged. Morgan Stanley has a 52-week low of $21.16 and a 52-week high of $41.20. The firm has a market cap of $76.04 billion, a price-to-earnings ratio of 16.32 and a beta of 1.87. The company has a 50 day moving average price of $35.45 and a 200 day moving average price of $30.45.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, October 19th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.17. Morgan Stanley had a net margin of 14.44% and a return on equity of 7.57%. The company earned $8.91 billion during the quarter, compared to the consensus estimate of $8.17 billion. During the same quarter in the previous year, the firm earned $0.34 earnings per share. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. On average, analysts anticipate that Morgan Stanley will post $2.71 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Investors of record on Monday, October 31st were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $0.80 dividend on an annualized basis and a yield of 1.97%. Morgan Stanley’s dividend payout ratio is currently 32.00%.

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A number of analysts have recently weighed in on MS shares. Vetr upgraded shares of Morgan Stanley from a “strong sell” rating to a “sell” rating and set a $30.77 target price on the stock in a report on Monday, October 17th. Barclays PLC reiterated an “equal weight” rating and set a $32.00 price target on shares of Morgan Stanley in a report on Wednesday, October 12th. Citigroup Inc. upped their price target on shares of Morgan Stanley from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Monday, October 10th. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Friday, October 21st. Finally, Sandler O’Neill downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and set a $33.00 price target on the stock. in a report on Thursday, October 6th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $32.59.

In other news, COO James A. Rosenthal sold 111,200 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $40.34, for a total transaction of $4,485,808.00. Following the completion of the sale, the chief operating officer now owns 294,261 shares in the company, valued at approximately $11,870,488.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Stanley Morgan sold 357 shares of the business’s stock in a transaction that occurred on Tuesday, September 27th. The stock was sold at an average price of $23,750.00, for a total transaction of $8,478,750.00. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by corporate insiders.

Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. Its segments include Institutional Securities, Wealth Management and Investment Management.

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