Mirador Capital Partners LP Makes New $241,000 Investment in Morgan Stanley (NYSE:MS)

Mirador Capital Partners LP purchased a new stake in Morgan Stanley (NYSE:MS) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,917 shares of the financial services provider’s stock, valued at approximately $241,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Peoples Bank KS bought a new position in shares of Morgan Stanley during the fourth quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new position in Morgan Stanley during the 3rd quarter worth approximately $26,000. Rakuten Securities Inc. grew its stake in shares of Morgan Stanley by 138.1% during the 3rd quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 174 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of Morgan Stanley during the 3rd quarter worth approximately $36,000. Finally, Planning Capital Management Corp raised its holdings in shares of Morgan Stanley by 115.1% in the third quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 191 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Stock Up 4.0 %

MS stock opened at $135.80 on Friday. Morgan Stanley has a 1-year low of $83.09 and a 1-year high of $136.24. The business’s 50 day simple moving average is $128.74 and its 200 day simple moving average is $113.15. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The firm has a market capitalization of $218.77 billion, a PE ratio of 20.67, a PEG ratio of 0.97 and a beta of 1.36.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, beating the consensus estimate of $1.57 by $0.31. The firm had revenue of $15.38 billion for the quarter, compared to the consensus estimate of $14.27 billion. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. As a group, research analysts anticipate that Morgan Stanley will post 7.39 EPS for the current year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be paid a $0.925 dividend. This represents a $3.70 dividend on an annualized basis and a yield of 2.72%. Morgan Stanley’s dividend payout ratio (DPR) is currently 56.32%.

Analysts Set New Price Targets

Several research analysts recently commented on MS shares. HSBC downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and raised their target price for the company from $128.00 to $131.00 in a research report on Tuesday, November 26th. Wells Fargo & Company raised Morgan Stanley from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $107.00 to $142.00 in a research report on Friday, November 15th. JPMorgan Chase & Co. upped their target price on Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday. Citigroup raised their price target on Morgan Stanley from $105.00 to $135.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Finally, Hsbc Global Res cut Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $126.07.

About Morgan Stanley

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.