NCM Capital Management LLC Acquires 160 Shares of Morgan Stanley (NYSE:MS)

NCM Capital Management LLC raised its holdings in Morgan Stanley (NYSE:MSFree Report) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,655 shares of the financial services provider’s stock after buying an additional 160 shares during the quarter. NCM Capital Management LLC’s holdings in Morgan Stanley were worth $994,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Capital International Investors boosted its holdings in Morgan Stanley by 8.2% in the fourth quarter. Capital International Investors now owns 24,499,542 shares of the financial services provider’s stock worth $2,284,674,000 after acquiring an additional 1,865,645 shares in the last quarter. FMR LLC raised its stake in shares of Morgan Stanley by 21.2% in the third quarter. FMR LLC now owns 23,474,452 shares of the financial services provider’s stock worth $1,917,159,000 after purchasing an additional 4,098,577 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Morgan Stanley by 2.6% in the fourth quarter. Fisher Asset Management LLC now owns 20,250,725 shares of the financial services provider’s stock worth $1,888,380,000 after purchasing an additional 517,446 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Morgan Stanley by 2.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 20,197,232 shares of the financial services provider’s stock worth $1,883,392,000 after purchasing an additional 575,114 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Morgan Stanley by 2.2% in the third quarter. Northern Trust Corp now owns 13,107,965 shares of the financial services provider’s stock worth $1,070,528,000 after purchasing an additional 277,909 shares during the last quarter. 84.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Cfra upped their price objective on Morgan Stanley from $97.00 to $108.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. BMO Capital Markets upped their price objective on Morgan Stanley from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Royal Bank of Canada reiterated a “sector perform” rating and set a $91.00 price objective on shares of Morgan Stanley in a research report on Wednesday, March 27th. Oppenheimer upped their price target on Morgan Stanley from $101.00 to $105.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 30th. Finally, HSBC upped their price target on Morgan Stanley from $100.00 to $102.00 and gave the stock a “hold” rating in a research report on Friday, April 19th. Twelve research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Morgan Stanley presently has an average rating of “Hold” and an average target price of $98.30.

Read Our Latest Research Report on Morgan Stanley

Insider Buying and Selling at Morgan Stanley

In other news, insider Mandell Crawley sold 6,954 shares of the business’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $99.61, for a total value of $692,687.94. Following the completion of the transaction, the insider now owns 46,274 shares of the company’s stock, valued at approximately $4,609,353.14. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Mandell Crawley sold 6,954 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $99.61, for a total value of $692,687.94. Following the completion of the transaction, the insider now owns 46,274 shares of the company’s stock, valued at approximately $4,609,353.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman James P. Gorman sold 100,000 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $90.21, for a total value of $9,021,000.00. Following the completion of the transaction, the chairman now directly owns 414,870 shares of the company’s stock, valued at approximately $37,425,422.70. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 118,154 shares of company stock worth $10,722,696. 0.24% of the stock is currently owned by insiders.

Morgan Stanley Stock Up 0.3 %

NYSE MS traded up $0.29 during midday trading on Friday, hitting $97.14. 4,018,360 shares of the company traded hands, compared to its average volume of 5,214,856. The company has a debt-to-equity ratio of 2.97, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $157.87 billion, a PE ratio of 17.69, a price-to-earnings-growth ratio of 1.18 and a beta of 1.38. The company’s 50-day simple moving average is $94.90 and its 200-day simple moving average is $89.94. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $103.25.

Morgan Stanley (NYSE:MSGet Free Report) last announced its earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.33. The business had revenue of $15.14 billion for the quarter, compared to analysts’ expectations of $14.42 billion. Morgan Stanley had a return on equity of 10.88% and a net margin of 9.57%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.70 EPS. As a group, equities research analysts forecast that Morgan Stanley will post 6.83 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were paid a dividend of $0.85 per share. The ex-dividend date was Monday, April 29th. This represents a $3.40 annualized dividend and a yield of 3.50%. Morgan Stanley’s payout ratio is presently 61.93%.

Morgan Stanley Profile

(Free Report)

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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