Massachusetts Financial Services Co. MA Trims Holdings in Morgan Stanley (NYSE:MS)

Massachusetts Financial Services Co. MA trimmed its stake in shares of Morgan Stanley (NYSE:MSGet Rating) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,778,692 shares of the financial services provider’s stock after selling 210,647 shares during the period. Massachusetts Financial Services Co. MA owned about 1.10% of Morgan Stanley worth $1,941,476,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Morgan Stanley grew its holdings in Morgan Stanley by 72.5% in the second quarter. Morgan Stanley now owns 126,869 shares of the financial services provider’s stock valued at $11,633,000 after purchasing an additional 53,315 shares during the period. Moors & Cabot Inc. grew its holdings in Morgan Stanley by 314.4% in the third quarter. Moors & Cabot Inc. now owns 85,000 shares of the financial services provider’s stock valued at $88,000 after purchasing an additional 64,487 shares during the period. Summit Global Investments acquired a new stake in Morgan Stanley in the third quarter valued at approximately $249,000. Morse Asset Management Inc grew its holdings in Morgan Stanley by 14.4% in the third quarter. Morse Asset Management Inc now owns 42,223 shares of the financial services provider’s stock valued at $4,109,000 after purchasing an additional 5,300 shares during the period. Finally, 55I LLC boosted its stake in shares of Morgan Stanley by 390.0% in the third quarter. 55I LLC now owns 13,116 shares of the financial services provider’s stock worth $1,276,000 after acquiring an additional 10,439 shares during the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

MS has been the topic of a number of research analyst reports. The Goldman Sachs Group set a $105.00 price target on Morgan Stanley in a research note on Wednesday, April 20th. Oppenheimer upgraded Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $111.00 price objective on the stock in a research report on Tuesday, May 3rd. Zacks Investment Research downgraded Morgan Stanley from a “buy” rating to a “hold” rating and set a $91.00 price objective on the stock. in a research report on Wednesday, March 16th. StockNews.com began coverage on Morgan Stanley in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, BMO Capital Markets lifted their price objective on Morgan Stanley from $110.00 to $113.00 and gave the stock an “outperform” rating in a research report on Monday, April 18th. Twelve research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $107.06.

MS traded down $0.89 on Tuesday, hitting $80.26. 9,035,236 shares of the company were exchanged, compared to its average volume of 11,104,419. Morgan Stanley has a twelve month low of $78.72 and a twelve month high of $109.73. The company has a market cap of $140.40 billion, a price-to-earnings ratio of 10.21, a price-to-earnings-growth ratio of 1.43 and a beta of 1.42. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 2.39. The firm has a 50-day moving average price of $86.77 and a two-hundred day moving average price of $95.22.

Morgan Stanley (NYSE:MSGet Rating) last announced its earnings results on Thursday, April 14th. The financial services provider reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.37. The firm had revenue of $14.80 billion during the quarter, compared to analysts’ expectations of $14.16 billion. Morgan Stanley had a return on equity of 15.15% and a net margin of 24.21%. The business’s revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.22 EPS. Equities analysts expect that Morgan Stanley will post 7.38 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 13th. Stockholders of record on Friday, April 29th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date is Thursday, April 28th. Morgan Stanley’s dividend payout ratio (DPR) is 35.62%.

Morgan Stanley Company 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.

Further Reading

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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