Maltese Capital Management LLC Boosts Holdings in Morgan Stanley (MS)

Maltese Capital Management LLC boosted its stake in shares of Morgan Stanley (NYSE:MS) by 15.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 490,000 shares of the financial services provider’s stock after acquiring an additional 65,400 shares during the period. Morgan Stanley comprises about 1.9% of Maltese Capital Management LLC’s holdings, making the stock its 7th biggest holding. Maltese Capital Management LLC’s holdings in Morgan Stanley were worth $25,710,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in Morgan Stanley by 18.3% during the third quarter. Dimensional Fund Advisors LP now owns 11,816,768 shares of the financial services provider’s stock worth $569,213,000 after acquiring an additional 1,828,697 shares during the period. Epoch Investment Partners Inc. raised its position in Morgan Stanley by 2.0% during the third quarter. Epoch Investment Partners Inc. now owns 9,843,789 shares of the financial services provider’s stock worth $474,175,000 after acquiring an additional 189,953 shares during the period. Legal & General Group Plc raised its position in shares of Morgan Stanley by 1.8% in the third quarter. Legal & General Group Plc now owns 6,800,716 shares of the financial services provider’s stock valued at $327,595,000 after buying an additional 116,997 shares during the last quarter. LSV Asset Management raised its position in shares of Morgan Stanley by 2.9% in the fourth quarter. LSV Asset Management now owns 6,117,877 shares of the financial services provider’s stock valued at $321,005,000 after buying an additional 174,300 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Morgan Stanley by 1.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 5,937,332 shares of the financial services provider’s stock valued at $311,452,000 after buying an additional 84,528 shares during the last quarter. Institutional investors own 86.63% of the company’s stock.

Shares of Morgan Stanley (MS) opened at $52.55 on Tuesday. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $58.05. The stock has a market cap of $95,010.00, a PE ratio of 17.01, a P/E/G ratio of 0.96 and a beta of 1.54. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.07. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The firm had revenue of $9.50 billion during the quarter, compared to analysts’ expectations of $9.25 billion. During the same period last year, the business earned $0.81 earnings per share. Morgan Stanley’s revenue was up 5.3% compared to the same quarter last year. analysts predict that Morgan Stanley will post 4.51 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.90%. The ex-dividend date is Tuesday, January 30th. Morgan Stanley’s payout ratio is currently 32.36%.

MS has been the subject of a number of recent research reports. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $63.00 target price on shares of Morgan Stanley in a research report on Friday, December 22nd. Buckingham Research increased their target price on shares of Morgan Stanley from $54.00 to $57.00 and gave the company a “buy” rating in a research report on Wednesday, October 18th. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Monday, December 11th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Morgan Stanley in a research report on Monday, November 20th. Finally, Credit Suisse Group upgraded shares of Morgan Stanley to a “buy” rating and set a $58.00 target price for the company in a research report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. Morgan Stanley has an average rating of “Buy” and an average target price of $54.07.

In related news, insider Keishi Hotsuki sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alistair Darling sold 3,850 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the sale, the director now owns 14,218 shares of the company’s stock, valued at $700,805.22. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by company insiders.

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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.

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

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