Morgan Stanley (NYSE:MS) Shares Bought by Mitchell Mcleod Pugh & Williams Inc.

Mitchell Mcleod Pugh & Williams Inc. lifted its position in shares of Morgan Stanley (NYSE:MS) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,515 shares of the financial services provider’s stock after acquiring an additional 368 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Morgan Stanley were worth $981,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. FMR LLC increased its holdings in Morgan Stanley by 21.2% in the 3rd quarter. FMR LLC now owns 23,474,452 shares of the financial services provider’s stock valued at $1,917,159,000 after purchasing an additional 4,098,577 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Morgan Stanley by 3.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 13,159,271 shares of the financial services provider’s stock valued at $1,074,718,000 after buying an additional 415,531 shares during the period. Northern Trust Corp boosted its position in Morgan Stanley by 2.2% in the 3rd quarter. Northern Trust Corp now owns 13,107,965 shares of the financial services provider’s stock valued at $1,070,528,000 after buying an additional 277,909 shares during the period. The Manufacturers Life Insurance Company boosted its position in Morgan Stanley by 6.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 8,082,128 shares of the financial services provider’s stock valued at $660,067,000 after buying an additional 483,859 shares during the period. Finally, Invesco Ltd. boosted its position in Morgan Stanley by 13.0% in the 3rd quarter. Invesco Ltd. now owns 6,672,135 shares of the financial services provider’s stock valued at $544,913,000 after buying an additional 766,530 shares during the period. 84.19% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Raja Akram sold 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $87.41, for a total transaction of $393,345.00. Following the completion of the transaction, the chief financial officer now owns 93,134 shares of the company’s stock, valued at $8,140,842.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Andrew M. Saperstein sold 26,655 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $87.19, for a total value of $2,324,049.45. Following the completion of the sale, the insider now owns 286,835 shares of the company’s stock, valued at $25,009,143.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Raja Akram sold 4,500 shares of the stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $87.41, for a total transaction of $393,345.00. Following the completion of the sale, the chief financial officer now directly owns 93,134 shares of the company’s stock, valued at approximately $8,140,842.94. The disclosure for this sale can be found here. Over the last quarter, insiders sold 252,355 shares of company stock valued at $22,356,602. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on MS. Cfra raised their price target on shares of Morgan Stanley from $97.00 to $108.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. HSBC boosted their price target on shares of Morgan Stanley from $100.00 to $102.00 and gave the company a “hold” rating in a research report on Friday, April 19th. UBS Group lifted their price objective on shares of Morgan Stanley from $80.00 to $95.00 and gave the company a “neutral” rating in a research note on Tuesday, January 9th. JMP Securities reiterated a “market perform” rating on shares of Morgan Stanley in a research note on Thursday, April 18th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 17th. Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Morgan Stanley has a consensus rating of “Hold” and an average target price of $98.07.

Morgan Stanley Trading Up 0.6 %

Shares of MS traded up $0.53 on Monday, hitting $92.51. 974,380 shares of the stock traded hands, compared to its average volume of 8,630,819. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.89. The firm has a market capitalization of $150.48 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.76 and a beta of 1.43. The stock’s 50 day moving average is $89.68 and its two-hundred day moving average is $85.48. Morgan Stanley has a 1 year low of $69.42 and a 1 year high of $95.57.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.33. The business had revenue of $15.14 billion for the quarter, compared to the consensus estimate of $14.42 billion. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.87%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.70 earnings per share. As a group, sell-side analysts predict that Morgan Stanley will post 6.77 earnings per share for the current year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Monday, April 29th. Morgan Stanley’s dividend payout ratio (DPR) is 61.93%.

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.