Mosley Wealth Management Sells 160 Shares of Morgan Stanley (NYSE:MS)

Mosley Wealth Management trimmed its position in shares of Morgan Stanley (NYSE:MS) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,680 shares of the financial services provider’s stock after selling 160 shares during the period. Mosley Wealth Management’s holdings in Morgan Stanley were worth $455,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Viewpoint Capital Management LLC raised its position in shares of Morgan Stanley by 0.9% during the second quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock valued at $1,197,000 after buying an additional 104 shares during the last quarter. WR Wealth Planners LLC raised its position in shares of Morgan Stanley by 24.4% during the second quarter. WR Wealth Planners LLC now owns 541 shares of the financial services provider’s stock valued at $53,000 after buying an additional 106 shares during the last quarter. Waldron Private Wealth LLC raised its position in shares of Morgan Stanley by 1.4% during the second quarter. Waldron Private Wealth LLC now owns 7,965 shares of the financial services provider’s stock valued at $774,000 after buying an additional 111 shares during the last quarter. Checchi Capital Advisers LLC raised its position in shares of Morgan Stanley by 0.7% during the second quarter. Checchi Capital Advisers LLC now owns 15,410 shares of the financial services provider’s stock valued at $1,498,000 after buying an additional 113 shares during the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its position in shares of Morgan Stanley by 3.9% during the first quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 3,131 shares of the financial services provider’s stock valued at $295,000 after buying an additional 117 shares during the last quarter. 84.19% of the stock is currently owned by institutional investors.

Morgan Stanley Price Performance

Shares of MS traded down $2.97 during mid-day trading on Friday, hitting $96.59. 9,246,905 shares of the company traded hands, compared to its average volume of 7,272,226. Morgan Stanley has a one year low of $69.42 and a one year high of $109.11. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.96. The business has a 50-day moving average of $100.79 and a 200 day moving average of $95.85. The stock has a market capitalization of $156.97 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 1.06 and a beta of 1.37.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.17. Morgan Stanley had a net margin of 10.17% and a return on equity of 11.85%. The firm had revenue of $15.02 billion for the quarter, compared to analysts’ expectations of $14.32 billion. During the same period last year, the firm earned $1.24 earnings per share. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. As a group, equities analysts expect that Morgan Stanley will post 7.03 earnings per share for the current fiscal year.

Morgan Stanley Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st were paid a $0.925 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This is a boost from Morgan Stanley’s previous quarterly dividend of $0.85. This represents a $3.70 dividend on an annualized basis and a yield of 3.83%. Morgan Stanley’s dividend payout ratio (DPR) is presently 67.40%.

Insider Buying and Selling at Morgan Stanley

In related news, CFO Raja Akram sold 7,500 shares of the firm’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $106.37, for a total transaction of $797,775.00. Following the sale, the chief financial officer now directly owns 87,119 shares in the company, valued at $9,266,848.03. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CFO Raja Akram sold 7,500 shares of the firm’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $106.37, for a total transaction of $797,775.00. Following the sale, the chief financial officer now directly owns 87,119 shares in the company, valued at $9,266,848.03. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mandell Crawley sold 3,500 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $105.25, for a total transaction of $368,375.00. Following the sale, the insider now owns 43,224 shares in the company, valued at $4,549,326. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 252,000 shares of company stock valued at $26,546,370. 0.24% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

MS has been the subject of a number of research analyst reports. Barclays upped their price objective on shares of Morgan Stanley from $116.00 to $121.00 and gave the company an “overweight” rating in a research report on Wednesday, July 17th. Royal Bank of Canada increased their price target on shares of Morgan Stanley from $91.00 to $108.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 17th. Oppenheimer lowered shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Citigroup increased their price target on shares of Morgan Stanley from $98.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 17th. Finally, BMO Capital Markets increased their price target on shares of Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a research report on Thursday, July 18th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Morgan Stanley presently has an average rating of “Hold” and an average target price of $101.45.

Morgan Stanley Company 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.