SVB Wealth LLC Acquires 336 Shares of Morgan Stanley (NYSE:MS)

SVB Wealth LLC increased its holdings in Morgan Stanley (NYSE:MS) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 18,958 shares of the financial services provider’s stock after buying an additional 336 shares during the period. SVB Wealth LLC’s holdings in Morgan Stanley were worth $1,768,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. NBW Capital LLC lifted its stake in Morgan Stanley by 4.2% in the second quarter. NBW Capital LLC now owns 3,025 shares of the financial services provider’s stock valued at $258,000 after purchasing an additional 123 shares during the last quarter. M&R Capital Management Inc. lifted its stake in Morgan Stanley by 6.7% in the fourth quarter. M&R Capital Management Inc. now owns 2,020 shares of the financial services provider’s stock valued at $188,000 after purchasing an additional 126 shares during the last quarter. Summit Global Investments lifted its stake in Morgan Stanley by 5.0% in the third quarter. Summit Global Investments now owns 2,692 shares of the financial services provider’s stock valued at $220,000 after purchasing an additional 129 shares during the last quarter. Corton Capital Inc. lifted its stake in Morgan Stanley by 2.0% in the third quarter. Corton Capital Inc. now owns 6,629 shares of the financial services provider’s stock valued at $541,000 after purchasing an additional 133 shares during the last quarter. Finally, Excalibur Management Corp lifted its stake in Morgan Stanley by 1.0% in the third quarter. Excalibur Management Corp now owns 13,516 shares of the financial services provider’s stock valued at $1,104,000 after purchasing an additional 138 shares during the last quarter. 84.19% of the stock is owned by institutional investors.

Morgan Stanley Stock Up 0.2 %

MS opened at $90.23 on Friday. The stock has a market cap of $146.77 billion, a PE ratio of 16.44, a P/E/G ratio of 1.80 and a beta of 1.43. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.89. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $95.57. The business’s fifty day simple moving average is $88.82 and its 200 day simple moving average is $84.85.

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 analysts’ consensus estimates of $1.69 by $0.33. Morgan Stanley had a return on equity of 10.87% and a net margin of 9.57%. The firm had revenue of $15.14 billion for the quarter, compared to analysts’ expectations of $14.42 billion. During the same period last year, the firm earned $1.70 earnings per share. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, research analysts expect that Morgan Stanley will post 6.36 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.77%. Morgan Stanley’s dividend payout ratio (DPR) is currently 61.93%.

Analysts Set New Price Targets

Several research firms have issued reports on MS. Jefferies Financial Group increased their target price on Morgan Stanley from $107.00 to $109.00 and gave the stock a “buy” rating in a research report on Wednesday. Barclays increased their target price on Morgan Stanley from $102.00 to $116.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. UBS Group increased their target price on Morgan Stanley from $80.00 to $95.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. TheStreet upgraded Morgan Stanley from a “c+” rating to a “b” rating in a research report on Wednesday, March 6th. Finally, Cfra increased their price objective on Morgan Stanley from $97.00 to $108.00 and gave the stock a “buy” rating in a research report on Tuesday. Thirteen research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $97.79.

Insider Activity

In other news, CFO Raja Akram sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $87.41, for a total transaction of $393,345.00. Following the transaction, the chief financial officer now directly owns 93,134 shares of the company’s stock, valued at $8,140,842.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Chairman James P. Gorman sold 50,000 shares of the stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $87.93, for a total transaction of $4,396,500.00. Following the completion of the sale, the chairman now directly owns 400,000 shares in the company, valued at $35,172,000. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Raja Akram sold 4,500 shares of the stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $87.41, for a total transaction of $393,345.00. Following the sale, the chief financial officer now owns 93,134 shares of the company’s stock, valued at $8,140,842.94. The disclosure for this sale can be found here. Over the last three months, insiders have sold 191,155 shares of company stock valued at $16,723,094. 0.24% of the stock is currently owned by insiders.

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.