Mutual of America Capital Management LLC Has $16.97 Million Position in Morgan Stanley (NYSE:MS)

Mutual of America Capital Management LLC reduced its holdings in Morgan Stanley (NYSE:MS – Get Rating) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 214,725 shares of the financial services provider’s stock after selling 5,331 shares during the period. Mutual of America Capital Management LLC’s holdings in Morgan Stanley were worth $16,965,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Curi Wealth Management LLC increased its stake in shares of Morgan Stanley by 21.7% during the 3rd quarter. Curi Wealth Management LLC now owns 7,111 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 1,270 shares during the last quarter. Cookson Peirce & Co. Inc. increased its stake in shares of Morgan Stanley by 134.1% during the 3rd quarter. Cookson Peirce & Co. Inc. now owns 6,242 shares of the financial services provider’s stock worth $493,000 after purchasing an additional 3,576 shares during the last quarter. Signaturefd LLC increased its stake in shares of Morgan Stanley by 10.8% during the 3rd quarter. Signaturefd LLC now owns 27,582 shares of the financial services provider’s stock worth $2,179,000 after purchasing an additional 2,678 shares during the last quarter. Manchester Capital Management LLC increased its stake in shares of Morgan Stanley by 14.5% during the 3rd quarter. Manchester Capital Management LLC now owns 2,871 shares of the financial services provider’s stock worth $227,000 after purchasing an additional 364 shares during the last quarter. Finally, Continuum Advisory LLC increased its stake in shares of Morgan Stanley by 9.2% during the 3rd quarter. Continuum Advisory LLC now owns 3,610 shares of the financial services provider’s stock worth $285,000 after purchasing an additional 303 shares during the last quarter. 83.48% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Morgan Stanley

In related news, CEO James P. Gorman sold 250,000 shares of the stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $96.93, for a total value of $24,232,500.00. Following the completion of the transaction, the chief executive officer now owns 1,112,348 shares of the company’s stock, valued at approximately $107,819,891.64. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Morgan Stanley news, CEO James P. Gorman sold 250,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $96.93, for a total value of $24,232,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,112,348 shares in the company, valued at approximately $107,819,891.64. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Alistair Darling sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 25th. The shares were sold at an average price of $94.70, for a total transaction of $189,400.00. Following the completion of the transaction, the director now owns 34,465 shares of the company’s stock, valued at $3,263,835.50. The disclosure for this sale can be found here. Insiders sold a total of 302,010 shares of company stock valued at $29,275,116 in the last quarter. Insiders own 0.26% of the company’s stock.

Morgan Stanley Price Performance

Shares of Morgan Stanley stock traded up $0.55 on Wednesday, reaching $97.88. 2,705,527 shares of the stock were exchanged, compared to its average volume of 8,164,120. The firm’s 50 day moving average is $90.15 and its 200-day moving average is $86.58. Morgan Stanley has a one year low of $72.05 and a one year high of $109.73. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market cap of $165.43 billion, a PE ratio of 15.86, a P/E/G ratio of 1.66 and a beta of 1.34.

Morgan Stanley (NYSE:MS – Get Rating) last issued its quarterly earnings data on Tuesday, January 17th. The financial services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.25 by $0.06. The business had revenue of $12.75 billion during the quarter, compared to the consensus estimate of $12.16 billion. Morgan Stanley had a net margin of 16.73% and a return on equity of 11.99%. As a group, analysts anticipate that Morgan Stanley will post 7.21 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 15th. Investors of record on Tuesday, January 31st will be paid a $0.775 dividend. This represents a $3.10 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Monday, January 30th. Morgan Stanley’s payout ratio is 50.49%.

Wall Street Analysts Forecast Growth

MS has been the topic of a number of research reports. Evercore ISI upped their price target on shares of Morgan Stanley from $90.00 to $106.00 and gave the company an “outperform” rating in a research note on Wednesday, January 18th. Wolfe Research lowered shares of Morgan Stanley from an “outperform” rating to an “underperform” rating and set a $92.00 price target on the stock. in a research note on Wednesday, January 4th. Oppenheimer upped their price target on shares of Morgan Stanley from $97.00 to $102.00 and gave the company an “outperform” rating in a research note on Wednesday, January 18th. Citigroup lowered shares of Morgan Stanley from a “buy” rating to a “neutral” rating and set a $100.00 price target on the stock. in a research note on Wednesday, January 18th. Finally, Atlantic Securities lowered shares of Morgan Stanley from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $95.00 to $85.00 in a research note on Wednesday, October 5th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Morgan Stanley has a consensus rating of “Hold” and a consensus price target of $96.99.

Morgan Stanley Profile

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Morgan Stanley operates as a global financial services company. The firm provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following segments: Institutional Securities, Wealth Management, and Investment Management.