Insider Selling: Morgan Stanley (NYSE:MS) Insider Sells 26,000 Shares of Stock

Morgan Stanley (NYSE:MS) insider Keishi Hotsuki sold 26,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $49.08, for a total transaction of $1,276,080.00.

Shares of MS stock traded down $0.40 on Monday, reaching $49.08. The company had a trading volume of 8,096,225 shares, compared to its average volume of 10,529,717. The stock has a market capitalization of $79.81 billion, a PE ratio of 10.65, a price-to-earnings-growth ratio of 1.08 and a beta of 1.38. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.58. Morgan Stanley has a one year low of $36.74 and a one year high of $49.98. The business’s 50-day moving average is $46.92 and its 200 day moving average is $43.80.

Morgan Stanley (NYSE:MS) last posted its earnings results on Thursday, October 17th. The financial services provider reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.17. The firm had revenue of $10.03 billion during the quarter, compared to analysts’ expectations of $9.63 billion. Morgan Stanley had a net margin of 15.99% and a return on equity of 10.86%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.17 earnings per share. On average, sell-side analysts forecast that Morgan Stanley will post 4.74 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a $0.35 dividend. The ex-dividend date was Wednesday, October 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.85%. Morgan Stanley’s dividend payout ratio (DPR) is currently 30.37%.

Hedge funds have recently bought and sold shares of the company. Massey Quick Simon & CO. LLC lifted its holdings in shares of Morgan Stanley by 276.4% in the second quarter. Massey Quick Simon & CO. LLC now owns 606 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 445 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new position in shares of Morgan Stanley in the third quarter worth about $28,000. Astor Investment Management LLC bought a new position in shares of Morgan Stanley in the third quarter worth about $31,000. Stonebridge Capital Advisors LLC bought a new position in shares of Morgan Stanley in the second quarter worth about $35,000. Finally, Endurance Wealth Management Inc. lifted its holdings in shares of Morgan Stanley by 189.0% in the third quarter. Endurance Wealth Management Inc. now owns 867 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 567 shares during the last quarter. 84.04% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on MS shares. UBS Group reaffirmed a “buy” rating and set a $53.00 price objective on shares of Morgan Stanley in a research report on Thursday, October 17th. ValuEngine cut shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Odeon Capital Group cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. Sandler O’Neill raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Thursday, October 10th. Finally, TheStreet raised shares of Morgan Stanley from a “c+” rating to a “b-” rating in a research report on Wednesday, September 18th. Three analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $54.17.

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. The company operates through Institutional Securities, Wealth Management, and Investment Management segments.

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Insider Buying and Selling by Quarter for Morgan Stanley (NYSE:MS)

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