Bailard Inc. Boosts Stock Position in Morgan Stanley (NYSE:MS)

Bailard Inc. grew its stake in shares of Morgan Stanley (NYSE:MSGet Rating) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 172,941 shares of the financial services provider’s stock after acquiring an additional 1,569 shares during the period. Bailard Inc.’s holdings in Morgan Stanley were worth $16,976,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MS. JFS Wealth Advisors LLC grew its stake in shares of 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 purchasing an additional 101 shares during the last quarter. Maryland Capital Advisors Inc. purchased a new position in Morgan Stanley in the 4th quarter worth approximately $29,000. Sageworth Trust Co of South Dakota purchased a new position in Morgan Stanley in the 4th quarter worth approximately $29,000. Bellwether Advisors LLC bought a new stake in Morgan Stanley in the 4th quarter worth approximately $37,000. Finally, Consolidated Planning Corp bought a new stake in Morgan Stanley in the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.

In other news, Director Stephen J. Luczo acquired 25,000 shares of the company’s stock in a transaction on Thursday, May 12th. The shares were bought at an average price of $79.30 per share, with a total value of $1,982,500.00. Following the completion of the acquisition, the director now owns 179,449 shares in the company, valued at approximately $14,230,305.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.26% of the company’s stock.

MS stock traded up $1.95 during midday trading on Friday, hitting $80.54. 7,948,037 shares of the stock traded hands, compared to its average volume of 9,450,304. The stock’s fifty day simple moving average is $86.38 and its 200-day simple moving average is $94.80. Morgan Stanley has a 1-year low of $76.75 and a 1-year high of $109.73. The firm has a market cap of $140.89 billion, a P/E ratio of 10.25, a PEG ratio of 1.34 and a beta of 1.42. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.79 and a quick ratio of 0.79.

Morgan Stanley (NYSE:MSGet Rating) last issued its earnings results on Thursday, April 14th. The financial services provider reported $2.06 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $14.16 billion. During the same period in the previous year, the firm earned $2.22 earnings per share. Morgan Stanley’s quarterly revenue was down 5.8% compared to the same quarter last year. On average, research analysts predict that Morgan Stanley will post 7.38 earnings per share for the current year.

The firm also recently disclosed 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 3.48%. The ex-dividend date of this dividend was Thursday, April 28th. Morgan Stanley’s dividend payout ratio (DPR) is currently 35.62%.

Several research analysts recently weighed in on the stock. Wells Fargo & Company dropped their target price on shares of Morgan Stanley from $104.00 to $94.00 and set an “equal weight” rating for the company in a report on Monday, April 4th. StockNews.com started coverage on shares of Morgan Stanley in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Oppenheimer upgraded shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $111.00 target price on the stock in a research report on Tuesday, May 3rd. BMO Capital Markets upped 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. Finally, Zacks Investment Research downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a research note on Wednesday, March 16th. Twelve investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $107.06.

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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