AMP Capital Investors Ltd Decreases Stake in Morgan Stanley (MS)

AMP Capital Investors Ltd cut its holdings in Morgan Stanley (NYSE:MS) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 940,950 shares of the financial services provider’s stock after selling 48,100 shares during the period. AMP Capital Investors Ltd owned about 0.05% of Morgan Stanley worth $45,326,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of MS. Omnia Family Wealth LLC boosted its holdings in shares of Morgan Stanley by 5.8% in the 2nd quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock valued at $108,000 after buying an additional 134 shares during the period. Invictus RG boosted its holdings in shares of Morgan Stanley by 307.5% in the 3rd quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock valued at $112,000 after buying an additional 1,762 shares during the period. Rational Advisors LLC acquired a new position in Morgan Stanley during the 3rd quarter valued at about $116,000. WFG Advisors LP boosted its stake in Morgan Stanley by 45.4% during the 2nd quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 840 shares during the period. Finally, BB&T Investment Services Inc. boosted its stake in Morgan Stanley by 163.1% during the 3rd quarter. BB&T Investment Services Inc. now owns 2,655 shares of the financial services provider’s stock valued at $127,000 after purchasing an additional 1,646 shares during the period. 85.60% of the stock is owned by institutional investors and hedge funds.

In related news, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Alistair Darling sold 3,850 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the completion of the sale, the director now owns 14,218 shares in the company, valued at $700,805.22. The disclosure for this sale can be found here. Insiders sold a total of 85,247 shares of company stock worth $4,284,364 over the last quarter. Insiders own 0.35% of the company’s stock.

Morgan Stanley (MS) traded up $0.95 during midday trading on Thursday, hitting $52.64. 5,161,895 shares of the company were exchanged, compared to its average volume of 9,393,899. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. Morgan Stanley has a twelve month low of $40.06 and a twelve month high of $53.37. The company has a market cap of $94,028.83, a P/E ratio of 14.41, a P/E/G ratio of 1.20 and a beta of 1.64.

Morgan Stanley (NYSE:MS) last released its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The business had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.05 billion. During the same period in the previous year, the firm earned $0.80 EPS. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. analysts forecast that Morgan Stanley will post 3.57 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were issued a $0.25 dividend. The ex-dividend date was Monday, October 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.90%. Morgan Stanley’s payout ratio is currently 27.70%.

MS has been the subject of a number of analyst reports. ValuEngine lowered shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a research note on Friday, September 15th. Zacks Investment Research lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. J P Morgan Chase & Co reissued a “buy” rating on shares of Morgan Stanley in a research note on Monday, November 20th. Finally, Citigroup reissued a “neutral” rating and set a $50.00 target price (up from $46.00) on shares of Morgan Stanley in a research note on Monday, October 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $50.39.

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About Morgan Stanley

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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