Park National Corp OH Has $382,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Park National Corp OH grew its position in Morgan Stanley (NYSE:MS) by 12.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,062 shares of the financial services provider’s stock after purchasing an additional 444 shares during the period. Park National Corp OH’s holdings in Morgan Stanley were worth $382,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. General Partner Inc. raised its holdings in shares of Morgan Stanley by 846.2% in the first quarter. General Partner Inc. now owns 1,107 shares of the financial services provider’s stock valued at $104,000 after buying an additional 990 shares during the last quarter. Appleton Partners Inc. MA raised its holdings in Morgan Stanley by 3.0% during the 1st quarter. Appleton Partners Inc. MA now owns 162,241 shares of the financial services provider’s stock worth $15,277,000 after purchasing an additional 4,661 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Morgan Stanley during the 4th quarter worth about $251,000. HighPoint Advisor Group LLC bought a new stake in Morgan Stanley during the 4th quarter worth about $3,353,000. Finally, Livelsberger Financial Advisory bought a new stake in Morgan Stanley during the 4th quarter worth about $56,000. 84.19% of the stock is owned by institutional investors.

Insider Activity

In other news, Chairman James P. Gorman sold 100,000 shares of the stock in a transaction that occurred on 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 sale, the chairman now owns 414,870 shares of the company’s stock, valued at approximately $37,425,422.70. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, Chairman James P. Gorman sold 100,000 shares of the stock in a transaction that occurred on 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 sale, the chairman now owns 414,870 shares of the company’s stock, valued at approximately $37,425,422.70. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Charles Aubrey Smith III sold 11,200 shares of the stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $90.09, for a total value of $1,009,008.00. Following the completion of the sale, the insider now owns 126,190 shares in the company, valued at approximately $11,368,457.10. The disclosure for this sale can be found here. In the last 90 days, insiders sold 118,154 shares of company stock valued at $10,722,696. 0.24% of the stock is owned by insiders.

Morgan Stanley Stock Up 0.3 %

Shares of MS traded up $0.27 on Tuesday, hitting $97.31. The company’s stock had a trading volume of 1,612,594 shares, compared to its average volume of 7,631,398. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.97. The firm’s fifty day moving average price is $95.26 and its 200-day moving average price is $90.84. Morgan Stanley has a fifty-two week low of $69.42 and a fifty-two week high of $103.25. The firm has a market capitalization of $158.14 billion, a price-to-earnings ratio of 17.72, a P/E/G ratio of 1.17 and a beta of 1.38.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.33. Morgan Stanley had a return on equity of 10.88% and a net margin of 9.57%. The firm had revenue of $15.14 billion during the quarter, compared to the consensus estimate of $14.42 billion. During the same quarter in the prior year, the firm posted $1.70 EPS. The business’s revenue was up 4.3% on a year-over-year basis. On average, equities research analysts expect that Morgan Stanley will post 6.83 EPS for the current year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th were issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend was Monday, April 29th. Morgan Stanley’s payout ratio is presently 61.93%.

Analyst Ratings Changes

Several analysts have weighed in on MS shares. Keefe, Bruyette & Woods boosted their price objective on Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a report on Wednesday, April 17th. Cfra boosted their price objective on Morgan Stanley from $97.00 to $108.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. HSBC boosted their price objective on Morgan Stanley from $100.00 to $102.00 and gave the stock a “hold” rating in a report on Friday, April 19th. Evercore ISI upped their price target on Morgan Stanley from $97.00 to $102.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Finally, BMO Capital Markets upped their price target on Morgan Stanley from $115.00 to $118.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Twelve research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $98.30.

Morgan Stanley Profile

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.