Omnia Family Wealth LLC Buys 483 Shares of Morgan Stanley (NYSE:MS)

Omnia Family Wealth LLC grew its position in shares of Morgan Stanley (NYSE:MS) by 15.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,623 shares of the financial services provider’s stock after acquiring an additional 483 shares during the quarter. Omnia Family Wealth LLC’s holdings in Morgan Stanley were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Morgan Stanley by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 110,132,798 shares of the financial services provider’s stock valued at $13,845,895,000 after purchasing an additional 696,646 shares in the last quarter. Geode Capital Management LLC increased its stake in Morgan Stanley by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 25,844,753 shares of the financial services provider’s stock valued at $3,240,089,000 after buying an additional 604,024 shares during the last quarter. FMR LLC lifted its position in shares of Morgan Stanley by 11.9% during the 4th quarter. FMR LLC now owns 25,561,560 shares of the financial services provider’s stock worth $3,213,599,000 after buying an additional 2,725,335 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Morgan Stanley by 1.9% in the 4th quarter. Fisher Asset Management LLC now owns 22,833,937 shares of the financial services provider’s stock worth $2,870,683,000 after buying an additional 428,956 shares during the last quarter. Finally, Capital Research Global Investors boosted its stake in shares of Morgan Stanley by 44.8% in the 4th quarter. Capital Research Global Investors now owns 21,794,873 shares of the financial services provider’s stock worth $2,740,051,000 after buying an additional 6,744,333 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on MS. Citigroup reaffirmed a “neutral” rating and set a $130.00 price target (up from $125.00) on shares of Morgan Stanley in a research report on Wednesday, June 18th. JMP Securities reaffirmed a “market perform” rating on shares of Morgan Stanley in a research report on Monday, April 14th. Erste Group Bank raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 24th. JPMorgan Chase & Co. decreased their price objective on shares of Morgan Stanley from $125.00 to $122.00 and set a “neutral” rating for the company in a report on Monday, April 14th. Finally, Evercore ISI lowered their price objective on shares of Morgan Stanley from $150.00 to $138.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 1st. Eleven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $133.62.

Insider Buying and Selling

In other Morgan Stanley news, insider Andrew M. Saperstein sold 40,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $120.00, for a total value of $4,800,000.00. Following the sale, the insider now directly owns 335,765 shares in the company, valued at $40,291,800. This represents a 10.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert H. Herz sold 800 shares of the firm’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $119.32, for a total transaction of $95,456.00. Following the completion of the transaction, the director now directly owns 96,760 shares of the company’s stock, valued at approximately $11,545,403.20. The trade was a 0.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,868 shares of company stock valued at $6,019,548. Corporate insiders own 0.19% of the company’s stock.

Morgan Stanley Stock Performance

NYSE MS opened at $137.78 on Thursday. The firm has a market cap of $221.04 billion, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 1.24 and a beta of 1.29. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 3.11. The company’s 50 day moving average is $125.26 and its 200-day moving average is $125.37. Morgan Stanley has a 12-month low of $90.94 and a 12-month high of $142.03.

Morgan Stanley (NYSE:MS) last issued its earnings results on Friday, April 11th. The financial services provider reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.39. The business had revenue of $17.74 billion for the quarter, compared to analysts’ expectations of $16.81 billion. Morgan Stanley had a net margin of 12.98% and a return on equity of 14.98%. The business’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.02 EPS. Sell-side analysts predict that Morgan Stanley will post 8.56 earnings per share for the current year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were paid a dividend of $0.925 per share. The ex-dividend date was Wednesday, April 30th. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.69%. Morgan Stanley’s payout ratio is 43.43%.

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.