Omnia Family Wealth LLC Has $423,000 Stock Position in Morgan Stanley (NYSE:MS)

Omnia Family Wealth LLC boosted its holdings in shares of Morgan Stanley (NYSE:MS) by 15.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,623 shares of the financial services provider’s stock after purchasing an additional 483 shares during the period. Omnia Family Wealth LLC’s holdings in Morgan Stanley were worth $423,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in Morgan Stanley by 10.2% in the fourth quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock valued at $1,607,000 after buying an additional 1,185 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its stake in shares of Morgan Stanley by 165.9% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 9,877 shares of the financial services provider’s stock valued at $1,242,000 after acquiring an additional 6,163 shares during the last quarter. Vaughan David Investments LLC IL acquired a new stake in shares of Morgan Stanley during the 4th quarter valued at $202,000. Los Angeles Capital Management LLC grew its position in Morgan Stanley by 66.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 248,870 shares of the financial services provider’s stock worth $31,288,000 after acquiring an additional 99,570 shares during the last quarter. Finally, Illinois Municipal Retirement Fund increased its holdings in Morgan Stanley by 5.0% in the 4th quarter. Illinois Municipal Retirement Fund now owns 99,229 shares of the financial services provider’s stock worth $12,475,000 after purchasing an additional 4,767 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Stock Performance

Shares of MS stock opened at $137.78 on Thursday. The firm has a 50 day moving average of $125.26 and a 200-day moving average of $125.37. The company has a market cap of $221.04 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 1.24 and a beta of 1.29. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 3.11. Morgan Stanley has a 52 week low of $90.94 and a 52 week high of $142.03.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Friday, April 11th. The financial services provider reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.39. Morgan Stanley had a net margin of 12.98% and a return on equity of 14.98%. The business had revenue of $17.74 billion during the quarter, compared to analysts’ expectations of $16.81 billion. During the same period last year, the company posted $2.02 earnings per share. The business’s quarterly revenue was up 17.2% on a year-over-year basis. On average, equities analysts forecast that Morgan Stanley will post 8.56 earnings per share for the current year.

Morgan Stanley Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were paid a $0.925 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $3.70 annualized dividend and a dividend yield of 2.69%. Morgan Stanley’s dividend payout ratio is presently 43.43%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MS shares. Wells Fargo & Company lowered their price objective on Morgan Stanley from $130.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday, April 14th. Evercore ISI decreased their price objective on Morgan Stanley from $150.00 to $138.00 and set an “outperform” rating for the company in a report on Tuesday, April 1st. The Goldman Sachs Group lifted their target price on Morgan Stanley from $121.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, June 10th. Erste Group Bank raised Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 24th. Finally, JPMorgan Chase & Co. cut their price objective on Morgan Stanley from $125.00 to $122.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Eleven analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $133.62.

Insider Activity at Morgan Stanley

In other Morgan Stanley news, insider Eric F. Grossman sold 10,068 shares of the business’s stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $111.65, for a total transaction of $1,124,092.20. Following the completion of the sale, the insider now owns 199,274 shares in the company, valued at approximately $22,248,942.10. The trade was a 4.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrew M. Saperstein sold 40,000 shares of Morgan Stanley stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $120.00, for a total transaction of $4,800,000.00. Following the transaction, the insider now owns 335,765 shares of the company’s stock, valued at $40,291,800. This represents a 10.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 50,868 shares of company stock valued at $6,019,548 in the last three months. Corporate insiders own 0.19% of the company’s stock.

About Morgan Stanley

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.