Lbp Am Sa Has $18.97 Million Holdings in Morgan Stanley $MS

Lbp Am Sa raised its holdings in shares of Morgan Stanley (NYSE:MSFree Report) by 59.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,880 shares of the financial services provider’s stock after buying an additional 39,911 shares during the quarter. Lbp Am Sa’s holdings in Morgan Stanley were worth $18,974,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MS. Powers Advisory Group LLC raised its stake in shares of Morgan Stanley by 4.0% in the fourth quarter. Powers Advisory Group LLC now owns 1,443 shares of the financial services provider’s stock valued at $256,000 after purchasing an additional 56 shares in the last quarter. Central Bank & Trust Co. raised its stake in shares of Morgan Stanley by 3.4% in the fourth quarter. Central Bank & Trust Co. now owns 1,767 shares of the financial services provider’s stock valued at $314,000 after purchasing an additional 58 shares in the last quarter. Howard Financial Services LTD. raised its stake in shares of Morgan Stanley by 1.6% in the fourth quarter. Howard Financial Services LTD. now owns 3,579 shares of the financial services provider’s stock valued at $635,000 after purchasing an additional 58 shares in the last quarter. Balboa Wealth Partners raised its stake in shares of Morgan Stanley by 1.9% in the fourth quarter. Balboa Wealth Partners now owns 3,181 shares of the financial services provider’s stock valued at $565,000 after purchasing an additional 59 shares in the last quarter. Finally, Kennebec Savings Bank raised its stake in shares of Morgan Stanley by 1.6% in the fourth quarter. Kennebec Savings Bank now owns 3,915 shares of the financial services provider’s stock valued at $695,000 after purchasing an additional 60 shares in the last quarter. 84.19% of the stock is currently owned by institutional investors and hedge funds.

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Morgan Stanley Stock Performance

Shares of NYSE:MS opened at $191.52 on Thursday. The business’s fifty day moving average price is $168.43 and its two-hundred day moving average price is $170.36. Morgan Stanley has a fifty-two week low of $104.78 and a fifty-two week high of $194.59. The stock has a market capitalization of $302.87 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.46 and a beta of 1.19. The company has a debt-to-equity ratio of 3.39, a current ratio of 0.81 and a quick ratio of 0.81.

Morgan Stanley (NYSE:MSGet Free Report) last announced its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.41. Morgan Stanley had a return on equity of 16.78% and a net margin of 14.09%.The firm had revenue of $20.58 billion for the quarter, compared to analysts’ expectations of $19.23 billion. During the same period in the prior year, the business posted $2.60 earnings per share. The business’s revenue was up 16.0% compared to the same quarter last year. As a group, analysts predict that Morgan Stanley will post 8.56 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, April 30th. Morgan Stanley’s dividend payout ratio is 39.18%.

Analysts Set New Price Targets

MS has been the subject of a number of recent research reports. Wolfe Research cut their target price on Morgan Stanley from $221.00 to $197.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. UBS Group upgraded Morgan Stanley from a “neutral” rating to a “buy” rating and upped their target price for the company from $195.00 to $196.00 in a research note on Tuesday, April 7th. Rothschild & Co Redburn cut their target price on Morgan Stanley from $175.00 to $171.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Weiss Ratings restated a “buy (b-)” rating on shares of Morgan Stanley in a research note on Thursday, January 22nd. Finally, Zacks Research lowered Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Eight research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Morgan Stanley currently has an average rating of “Hold” and a consensus target price of $189.94.

Read Our Latest Analysis on Morgan Stanley

Insider Transactions at Morgan Stanley

In other Morgan Stanley news, insider Andrew M. Saperstein sold 30,330 shares of the company’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $183.62, for a total value of $5,569,194.60. Following the sale, the insider directly owned 280,481 shares in the company, valued at $51,501,921.22. This represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Michael A. Pizzi sold 20,000 shares of the company’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $184.55, for a total value of $3,691,000.00. Following the completion of the sale, the insider owned 127,872 shares in the company, valued at $23,598,777.60. This trade represents a 13.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 129,191 shares of company stock valued at $23,736,506. 0.17% of the stock is owned by insiders.

Morgan Stanley Company Profile

(Free Report)

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.

See Also

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

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