Quantinno Capital Management LP Boosts Stock Holdings in Morgan Stanley (NYSE:MS)

Quantinno Capital Management LP boosted its position in shares of Morgan Stanley (NYSE:MS) by 32.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,995 shares of the financial services provider’s stock after acquiring an additional 24,620 shares during the period. Quantinno Capital Management LP’s holdings in Morgan Stanley were worth $10,424,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MS. Royal London Asset Management Ltd. grew its stake in Morgan Stanley by 1.6% in the 3rd quarter. Royal London Asset Management Ltd. now owns 596,932 shares of the financial services provider’s stock worth $62,224,000 after buying an additional 9,154 shares in the last quarter. Resurgent Financial Advisors LLC grew its stake in Morgan Stanley by 13.5% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 7,841 shares of the financial services provider’s stock worth $817,000 after buying an additional 935 shares in the last quarter. Morse Asset Management Inc grew its stake in Morgan Stanley by 7.1% in the 3rd quarter. Morse Asset Management Inc now owns 4,424 shares of the financial services provider’s stock worth $461,000 after buying an additional 295 shares in the last quarter. IHT Wealth Management LLC grew its stake in Morgan Stanley by 8.8% in the 3rd quarter. IHT Wealth Management LLC now owns 8,777 shares of the financial services provider’s stock worth $915,000 after buying an additional 708 shares in the last quarter. Finally, Investment Management Corp of Ontario grew its stake in Morgan Stanley by 25.6% in the 3rd quarter. Investment Management Corp of Ontario now owns 64,353 shares of the financial services provider’s stock worth $6,708,000 after buying an additional 13,100 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on MS. Keefe, Bruyette & Woods boosted their price target on shares of Morgan Stanley from $121.00 to $138.00 and gave the stock a “market perform” rating in a research note on Tuesday. The Goldman Sachs Group boosted their price objective on shares of Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. HSBC lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $128.00 to $131.00 in a report on Tuesday, November 26th. Hsbc Global Res lowered shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, Jefferies Financial Group boosted their price objective on shares of Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $120.67.

Morgan Stanley Stock Up 0.3 %

Shares of NYSE MS opened at $130.33 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 12 month low of $79.32 and a 12 month high of $136.24. The firm has a market capitalization of $209.97 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 1.21 and a beta of 1.35. The firm has a fifty day simple moving average of $121.49 and a two-hundred day simple moving average of $107.21.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, topping the consensus estimate of $1.57 by $0.31. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. The business had revenue of $15.38 billion during the quarter, compared to analyst estimates of $14.27 billion. Equities analysts expect that Morgan Stanley will post 7.32 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.925 dividend. The ex-dividend date was Thursday, October 31st. This represents a $3.70 annualized dividend and a yield of 2.84%. Morgan Stanley’s dividend payout ratio (DPR) is presently 56.32%.

Insiders Place Their Bets

In other news, Director Stephen J. Luczo sold 60,000 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $119.17, for a total value of $7,150,200.00. Following the sale, the director now directly owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This represents a 30.25 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.24% of the company’s stock.

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.