D Orazio & Associates Inc. purchased a new position in shares of Morgan Stanley (NYSE:MS – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,679 shares of the financial services provider’s stock, valued at approximately $211,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Peoples Bank KS acquired a new stake in shares of Morgan Stanley during the 4th quarter worth approximately $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Morgan Stanley during the 3rd quarter worth approximately $26,000. Rakuten Securities Inc. grew its position in shares of Morgan Stanley by 138.1% during the 3rd quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock worth $31,000 after buying an additional 174 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of Morgan Stanley during the 3rd quarter worth approximately $36,000. Finally, Planning Capital Management Corp grew its position in shares of Morgan Stanley by 115.1% during the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock worth $37,000 after buying an additional 191 shares during the period. Institutional investors own 84.19% of the company’s stock.
Morgan Stanley Stock Down 0.8 %
MS stock opened at $139.88 on Friday. Morgan Stanley has a twelve month low of $83.09 and a twelve month high of $142.03. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. The firm has a market capitalization of $225.36 billion, a PE ratio of 17.62, a PEG ratio of 1.24 and a beta of 1.37. The stock has a 50-day simple moving average of $130.67 and a two-hundred day simple moving average of $117.26.
Morgan Stanley Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.925 dividend. This represents a $3.70 annualized dividend and a yield of 2.65%. The ex-dividend date is Friday, January 31st. Morgan Stanley’s dividend payout ratio is currently 46.60%.
Analyst Ratings Changes
Several analysts have recently commented on the stock. Citigroup raised their price objective on shares of Morgan Stanley from $105.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Bank of America lifted their price target on shares of Morgan Stanley from $146.00 to $153.00 and gave the company a “buy” rating in a research report on Friday, January 17th. The Goldman Sachs Group lifted their price target on shares of Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Finally, Barclays lifted their price target on shares of Morgan Stanley from $155.00 to $156.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $131.27.
Get Our Latest Stock Analysis on Morgan Stanley
Insiders Place Their Bets
In other Morgan Stanley news, insider Eric F. Grossman sold 13,097 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the sale, the insider now owns 197,444 shares in the company, valued at approximately $26,891,872.80. The trade was a 6.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Raja Akram sold 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $136.01, for a total value of $2,380,175.00. Following the completion of the sale, the chief financial officer now owns 81,440 shares of the company’s stock, valued at $11,076,654.40. The trade was a 17.69 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.
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.
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