Eagle Strategies LLC Has $315,000 Holdings in Morgan Stanley (NYSE:MS)

Eagle Strategies LLC decreased its stake in shares of Morgan Stanley (NYSE:MS) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,503 shares of the financial services provider’s stock after selling 220 shares during the period. Eagle Strategies LLC’s holdings in Morgan Stanley were worth $315,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Rehmann Capital Advisory Group lifted its position in shares of Morgan Stanley by 12.6% in the fourth quarter. Rehmann Capital Advisory Group now owns 5,522 shares of the financial services provider’s stock worth $694,000 after purchasing an additional 616 shares in the last quarter. Voleon Capital Management LP bought a new stake in Morgan Stanley during the 4th quarter worth about $7,902,000. Utah Retirement Systems boosted its stake in shares of Morgan Stanley by 0.3% during the 4th quarter. Utah Retirement Systems now owns 192,568 shares of the financial services provider’s stock worth $24,210,000 after buying an additional 600 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of Morgan Stanley by 9.0% in the 4th quarter. Lido Advisors LLC now owns 75,456 shares of the financial services provider’s stock valued at $9,486,000 after acquiring an additional 6,207 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Morgan Stanley by 20.0% during the fourth quarter. Northern Trust Corp now owns 13,403,197 shares of the financial services provider’s stock worth $1,685,050,000 after acquiring an additional 2,233,589 shares in the last quarter. 84.19% of the stock is owned by institutional investors.

Morgan Stanley Stock Performance

Shares of NYSE MS opened at $116.88 on Friday. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market cap of $188.51 billion, a price-to-earnings ratio of 14.72, a P/E/G ratio of 1.18 and a beta of 1.30. The stock’s fifty day moving average price is $115.44 and its two-hundred day moving average price is $124.67. Morgan Stanley has a one year low of $90.94 and a one year high of $142.03.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Friday, April 11th. The financial services provider reported $2.60 EPS for the quarter, beating the consensus estimate of $2.21 by $0.39. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The business had revenue of $17.74 billion for the quarter, compared to the consensus estimate of $16.81 billion. During the same period in the prior year, the company posted $2.02 earnings per share. Morgan Stanley’s revenue was up 17.2% compared to the same quarter last year. On average, equities analysts forecast that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $0.925 dividend. This represents a $3.70 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Wednesday, April 30th. Morgan Stanley’s dividend payout ratio (DPR) is currently 43.43%.

Insider Transactions at Morgan Stanley

In related news, insider Eric F. Grossman sold 10,068 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $111.65, for a total transaction of $1,124,092.20. Following the sale, the insider now owns 199,274 shares in the company, valued at approximately $22,248,942.10. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MS shares. Citigroup lowered their price target on Morgan Stanley from $135.00 to $125.00 and set a “neutral” rating on the stock in a research report on Monday, March 24th. Wells Fargo & Company dropped their price target on shares of Morgan Stanley from $130.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Monday, April 14th. The Goldman Sachs Group decreased their price objective on shares of Morgan Stanley from $144.00 to $126.00 and set a “neutral” rating for the company in a research report on Wednesday, March 19th. JPMorgan Chase & Co. dropped their target price on shares of Morgan Stanley from $125.00 to $122.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Finally, Bank of America reduced their price target on Morgan Stanley from $150.00 to $144.00 and set a “buy” rating for the company in a report on Wednesday, April 2nd. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $132.46.

Morgan Stanley Company 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.