BRYN MAWR TRUST Co reduced its stake in Morgan Stanley (NYSE:MS – Get Rating) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,312 shares of the financial services provider’s stock after selling 831 shares during the period. BRYN MAWR TRUST Co’s holdings in Morgan Stanley were worth $1,699,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC raised its stake in Morgan Stanley by 61.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 265 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares in the last quarter. Maryland Capital Advisors Inc. purchased a new stake in Morgan Stanley in the fourth quarter worth about $29,000. Sageworth Trust Co of South Dakota purchased a new stake in Morgan Stanley in the fourth quarter worth about $29,000. Bellwether Advisors LLC purchased a new stake in Morgan Stanley in the fourth quarter worth about $37,000. Finally, Consolidated Planning Corp purchased a new stake in Morgan Stanley in the third quarter worth about $38,000. 85.02% of the stock is owned by institutional investors.
A number of equities research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of Morgan Stanley from $104.00 to $94.00 and set an “equal weight” rating on the stock in a report on Monday, April 4th. BMO Capital Markets increased their price target on shares of Morgan Stanley from $110.00 to $113.00 and gave the company an “outperform” rating in a report on Monday, April 18th. StockNews.com assumed coverage on shares of Morgan Stanley in a report on Thursday, March 31st. They set a “hold” rating on the stock. Odeon Capital Group cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Friday, January 28th. Finally, Oppenheimer upgraded shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $111.00 price target on the stock in a report on Tuesday, May 3rd. Twelve research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $107.06.
Shares of MS stock traded up $1.95 during trading hours on Friday, reaching $80.54. 7,948,037 shares of the stock were exchanged, compared to its average volume of 9,450,304. Morgan Stanley has a 12-month low of $76.75 and a 12-month high of $109.73. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.39. The company’s 50-day moving average price is $86.38 and its 200-day moving average price is $94.80. The firm has a market capitalization of $140.89 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of 1.34 and a beta of 1.42.
Morgan Stanley (NYSE:MS – Get Rating) last announced its quarterly earnings data on Thursday, April 14th. The financial services provider reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.37. Morgan Stanley had a net margin of 24.21% and a return on equity of 15.15%. The company had revenue of $14.80 billion during the quarter, compared to analyst estimates of $14.16 billion. During the same quarter last year, the business posted $2.22 EPS. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. On average, sell-side analysts expect that Morgan Stanley will post 7.38 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 13th. Investors of record on Friday, April 29th were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Thursday, April 28th. This represents a $2.80 dividend on an annualized basis and a yield of 3.48%. Morgan Stanley’s payout ratio is 35.62%.
Morgan Stanley Profile (Get Rating)
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.
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