Eurizon Capital SGR S.p.A. Acquires Shares of 530,531 Morgan Stanley $MS

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Morgan Stanley (NYSE:MSFree Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 530,531 shares of the financial services provider’s stock, valued at approximately $94,284,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Olistico Wealth LLC purchased a new position in Morgan Stanley during the fourth quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new position in Morgan Stanley during the fourth quarter valued at $28,000. WFA of San Diego LLC purchased a new position in Morgan Stanley during the second quarter valued at $28,000. Greykasell Wealth Strategies Inc. lifted its position in Morgan Stanley by 65.2% during the third quarter. Greykasell Wealth Strategies Inc. now owns 185 shares of the financial services provider’s stock valued at $29,000 after buying an additional 73 shares during the period. Finally, Nvest Wealth Strategies Inc. purchased a new position in Morgan Stanley during the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Trending Headlines about Morgan Stanley

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Analyst Ratings Changes

Several equities analysts have commented on MS shares. Citizens Jmp reissued a “market perform” rating on shares of Morgan Stanley in a research report on Thursday, April 16th. Barclays raised their price target on Morgan Stanley from $219.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Royal Bank Of Canada restated a “sector perform” rating and set a $207.00 price target on shares of Morgan Stanley in a report on Thursday, April 16th. The Goldman Sachs Group raised their price target on Morgan Stanley from $186.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, April 16th. Finally, Bank of America raised their price target on Morgan Stanley from $220.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Twelve investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, Morgan Stanley presently has an average rating of “Moderate Buy” and an average price target of $205.95.

Check Out Our Latest Stock Analysis on Morgan Stanley

Insiders Place Their Bets

In other Morgan Stanley news, insider Andrew M. Saperstein sold 51,668 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $188.59, for a total transaction of $9,744,068.12. Following the completion of the sale, the insider directly owned 282,142 shares in the company, valued at $53,209,159.78. The trade was a 15.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Eric F. Grossman sold 11,118 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $190.75, for a total value of $2,120,758.50. Following the sale, the insider owned 169,403 shares of the company’s stock, valued at approximately $32,313,622.25. This represents a 6.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 77,476 shares of company stock valued at $14,644,762. 0.17% of the stock is owned by insiders.

Morgan Stanley Price Performance

Shares of NYSE:MS opened at $207.74 on Friday. Morgan Stanley has a fifty-two week low of $126.35 and a fifty-two week high of $208.08. The business has a 50-day simple moving average of $183.78 and a two-hundred day simple moving average of $177.39. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a market cap of $327.67 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 1.53 and a beta of 1.22.

Morgan Stanley (NYSE:MSGet Free Report) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.41. Morgan Stanley had a return on equity of 17.70% and a net margin of 14.65%.The business had revenue of $20.58 billion during the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the previous year, the firm earned $2.60 EPS. Morgan Stanley’s revenue was up 16.0% on a year-over-year basis. On average, analysts expect that Morgan Stanley will post 11.85 earnings per share for the current year.

Morgan Stanley Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a $1.00 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $4.00 dividend on an annualized basis and a yield of 1.9%. Morgan Stanley’s payout ratio is 36.23%.

Morgan Stanley Company Profile

(Free Report)

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.

See Also

Want to see what other hedge funds are holding MS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley (NYSE:MSFree Report).

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

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