P.A.W. Capital Corp Buys 1,500 Shares of Morgan Stanley (NYSE:MS)

P.A.W. Capital Corp grew its position in shares of Morgan Stanley (NYSE:MSGet Rating) by 17.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the financial services provider’s stock after buying an additional 1,500 shares during the quarter. P.A.W. Capital Corp’s holdings in Morgan Stanley were worth $874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its holdings in Morgan Stanley by 61.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 265 shares of the financial services provider’s stock valued at $26,000 after buying an additional 101 shares during the last quarter. Maryland Capital Advisors Inc. purchased a new stake in shares of Morgan Stanley in the 4th quarter worth $29,000. Sageworth Trust Co of South Dakota bought a new position in Morgan Stanley in the 4th quarter worth $29,000. Vienna Asset Management LLC purchased a new position in Morgan Stanley during the fourth quarter valued at $29,000. Finally, Western Pacific Wealth Management LP bought a new stake in Morgan Stanley during the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

In related news, Director Stephen J. Luczo bought 25,000 shares of the company’s stock in a transaction dated Thursday, May 12th. The stock was purchased at an average price of $79.30 per share, for a total transaction of $1,982,500.00. Following the acquisition, the director now owns 179,449 shares in the company, valued at $14,230,305.70. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.26% of the company’s stock.

Shares of NYSE MS traded down $1.05 during midday trading on Friday, reaching $75.01. 106,390 shares of the stock traded hands, compared to its average volume of 10,246,297. The company’s 50 day moving average is $80.72 and its 200 day moving average is $90.10. Morgan Stanley has a one year low of $72.23 and a one year high of $109.73. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market capitalization of $131.21 billion, a PE ratio of 9.68, a P/E/G ratio of 1.33 and a beta of 1.41.

Morgan Stanley (NYSE:MSGet Rating) last released its quarterly earnings data on Thursday, April 14th. The financial services provider reported $2.06 EPS for the quarter, beating the consensus estimate of $1.69 by $0.37. Morgan Stanley had a net margin of 24.21% and a return on equity of 15.15%. The business 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 earned $2.22 earnings per share. Morgan Stanley’s quarterly revenue was down 5.8% compared to the same quarter last year. As a group, equities analysts forecast that Morgan Stanley will post 7.31 EPS for the current year.

Morgan Stanley announced that its board has initiated a stock buyback program on Monday, June 27th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the financial services provider to buy up to 14.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which was paid on Friday, May 13th. Investors of record on Friday, April 29th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend was Thursday, April 28th. Morgan Stanley’s payout ratio is 35.62%.

MS has been the topic of a number of analyst reports. StockNews.com started coverage on Morgan Stanley in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Oppenheimer raised shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $111.00 price objective for the company in a research note on Tuesday, May 3rd. BMO Capital Markets lifted their target price on shares of Morgan Stanley from $110.00 to $113.00 and gave the company an “outperform” rating in a research note on Monday, April 18th. The Goldman Sachs Group set a $105.00 price target on Morgan Stanley in a research note on Wednesday, April 20th. Finally, Piper Sandler lowered their price objective on Morgan Stanley from $100.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday. Eleven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Morgan Stanley currently has an average rating of “Hold” and a consensus target price of $105.79.

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

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