Impact Capital Partners LLC Has $514,000 Holdings in Morgan Stanley (NYSE:MS)

Impact Capital Partners LLC lessened its holdings in shares of Morgan Stanley (NYSE:MS) by 42.0% during the first quarter, Holdings Channel.com reports. The firm owned 4,403 shares of the financial services provider’s stock after selling 3,182 shares during the quarter. Impact Capital Partners LLC’s holdings in Morgan Stanley were worth $514,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MS. Minot DeBlois Advisors LLC acquired a new stake in Morgan Stanley during the 4th quarter worth about $25,000. IAG Wealth Partners LLC acquired a new position in shares of Morgan Stanley in the 4th quarter valued at about $28,000. Curio Wealth LLC acquired a new position in shares of Morgan Stanley in the 4th quarter valued at about $31,000. Ancora Advisors LLC lifted its stake in shares of Morgan Stanley by 104.7% in the 4th quarter. Ancora Advisors LLC now owns 264 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 135 shares during the period. Finally, Crowley Wealth Management Inc. acquired a new position in shares of Morgan Stanley in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Morgan Stanley from $125.00 to $122.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Evercore ISI dropped their price objective on Morgan Stanley from $150.00 to $138.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 1st. Citigroup dropped their price objective on Morgan Stanley from $135.00 to $125.00 and set a “neutral” rating on the stock in a research note on Monday, March 24th. The Goldman Sachs Group dropped their price objective on Morgan Stanley from $144.00 to $126.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 19th. Finally, Erste Group Bank raised Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 24th. Eleven investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $132.46.

Morgan Stanley Stock Performance

Shares of Morgan Stanley stock opened at $131.89 on Friday. Morgan Stanley has a one year low of $90.94 and a one year high of $142.03. The firm has a market capitalization of $211.59 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.18 and a beta of 1.29. The business has a 50-day simple moving average of $118.66 and a 200 day simple moving average of $125.25. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Friday, April 11th. The financial services provider reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.39. The firm had revenue of $17.74 billion during the quarter, compared to analyst estimates of $16.81 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.02 EPS. On average, research analysts anticipate that Morgan Stanley will post 8.56 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th were issued a dividend of $0.925 per share. This represents a $3.70 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date was Wednesday, April 30th. Morgan Stanley’s dividend payout ratio is currently 43.43%.

Insiders Place Their Bets

In other Morgan Stanley news, insider Andrew M. Saperstein sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $120.00, for a total transaction of $4,800,000.00. Following the completion of the sale, the insider now directly owns 335,765 shares of the company’s stock, valued at approximately $40,291,800. The trade was a 10.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert H. Herz sold 800 shares of the company’s stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $119.32, for a total value of $95,456.00. Following the completion of the transaction, the director now directly owns 96,760 shares of the company’s stock, valued at approximately $11,545,403.20. This represents a 0.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,868 shares of company stock valued at $6,019,548. Corporate insiders own 0.19% of the company’s stock.

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.