Tlwm Has $1.94 Million Stock Holdings in Morgan Stanley $MS

Tlwm lessened its stake in Morgan Stanley (NYSE:MS) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,791 shares of the financial services provider’s stock after selling 72 shares during the quarter. Morgan Stanley accounts for about 0.4% of Tlwm’s holdings, making the stock its 22nd biggest position. Tlwm’s holdings in Morgan Stanley were worth $1,943,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in MS. Brighton Jones LLC increased its stake in Morgan Stanley by 10.2% in the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock valued at $1,607,000 after buying an additional 1,185 shares during the period. GAMMA Investing LLC increased its stake in shares of Morgan Stanley by 6.4% during the 1st quarter. GAMMA Investing LLC now owns 23,578 shares of the financial services provider’s stock worth $2,751,000 after purchasing an additional 1,426 shares during the last quarter. Mission Wealth Management LP increased its stake in shares of Morgan Stanley by 15.5% during the 1st quarter. Mission Wealth Management LP now owns 8,093 shares of the financial services provider’s stock worth $944,000 after purchasing an additional 1,086 shares during the last quarter. Grimes & Company Inc. increased its stake in shares of Morgan Stanley by 23.9% during the 1st quarter. Grimes & Company Inc. now owns 2,126 shares of the financial services provider’s stock worth $248,000 after purchasing an additional 410 shares during the last quarter. Finally, Inscription Capital LLC acquired a new position in shares of Morgan Stanley during the 1st quarter worth $802,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Price Performance

NYSE MS opened at $161.91 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 3.30. The company has a fifty day simple moving average of $152.60 and a 200 day simple moving average of $136.38. The company has a market cap of $258.46 billion, a P/E ratio of 18.34, a P/E/G ratio of 1.81 and a beta of 1.32. Morgan Stanley has a 1 year low of $94.33 and a 1 year high of $166.77.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $2.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.73. Morgan Stanley had a net margin of 13.06% and a return on equity of 15.20%. The business had revenue of $18.22 billion during the quarter, compared to the consensus estimate of $16.42 billion. During the same period in the prior year, the firm earned $1.88 EPS. Morgan Stanley’s quarterly revenue was up 18.5% compared to the same quarter last year. On average, sell-side analysts predict that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley announced that its Board of Directors has authorized a share repurchase plan on Tuesday, July 1st that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the financial services provider to purchase up to 8.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 31st will be issued a $1.00 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. Morgan Stanley’s dividend payout ratio is 45.30%.

Analyst Ratings Changes

Several research analysts have recently commented on MS shares. UBS Group increased their price target on shares of Morgan Stanley from $156.00 to $165.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. Royal Bank Of Canada increased their price target on shares of Morgan Stanley from $145.00 to $171.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 1st. Citigroup increased their price target on shares of Morgan Stanley from $130.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, September 26th. The Goldman Sachs Group upped their price objective on shares of Morgan Stanley from $145.00 to $164.00 and gave the stock a “neutral” rating in a report on Friday, October 3rd. Finally, Evercore ISI upped their price objective on shares of Morgan Stanley from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $154.85.

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.