Morgan Stanley (NYSE:MS) CFO Paul C. Wirth Sells 25,000 Shares

Morgan Stanley (NYSE:MS) CFO Paul C. Wirth sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $49.08, for a total transaction of $1,227,000.00. Following the completion of the transaction, the chief financial officer now directly owns 146,816 shares in the company, valued at approximately $7,205,729.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of NYSE:MS opened at $49.08 on Tuesday. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.78 and a quick ratio of 0.78. Morgan Stanley has a 1-year low of $36.74 and a 1-year high of $49.98. The company has a market capitalization of $79.81 billion, a P/E ratio of 10.65, a P/E/G ratio of 1.08 and a beta of 1.38. The firm’s 50 day simple moving average is $47.37 and its two-hundred day simple moving average is $43.86.

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

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend was Wednesday, October 30th. Morgan Stanley’s dividend payout ratio is currently 30.37%.

Large investors have recently modified their holdings of the business. NEXT Financial Group Inc lifted its holdings in shares of Morgan Stanley by 60.3% in the second quarter. NEXT Financial Group Inc now owns 2,371 shares of the financial services provider’s stock worth $104,000 after buying an additional 892 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of Morgan Stanley by 82.0% in the second quarter. AE Wealth Management LLC now owns 16,618 shares of the financial services provider’s stock worth $728,000 after buying an additional 7,488 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Morgan Stanley by 39.7% in the second quarter. Daiwa Securities Group Inc. now owns 92,919 shares of the financial services provider’s stock worth $4,071,000 after buying an additional 26,400 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of Morgan Stanley by 4.5% in the second quarter. Greenleaf Trust now owns 14,835 shares of the financial services provider’s stock worth $650,000 after buying an additional 635 shares in the last quarter. Finally, Culbertson A N & Co. Inc. lifted its holdings in shares of Morgan Stanley by 21.6% in the second quarter. Culbertson A N & Co. Inc. now owns 12,390 shares of the financial services provider’s stock worth $543,000 after buying an additional 2,200 shares in the last quarter. 84.04% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently issued reports on the stock. Sandler O’Neill raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a report on Thursday, October 10th. ValuEngine downgraded shares of Morgan Stanley from a “hold” rating to a “sell” rating in a report on Monday, November 11th. UBS Group reissued a “buy” rating and issued a $53.00 price objective on shares of Morgan Stanley in a report on Thursday, October 17th. Odeon Capital Group downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Finally, Pritchard Capital raised shares of Morgan Stanley to a “buy” rating and set a $48.00 price target on the stock in a report on Thursday, October 10th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. Morgan Stanley has an average rating of “Hold” and a consensus price target of $54.17.

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. 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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