Oddo BHF Asset Management Sas Takes Position in Morgan Stanley (NYSE:MS)

Oddo BHF Asset Management Sas acquired a new position in shares of Morgan Stanley (NYSE:MS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,000 shares of the financial services provider’s stock, valued at approximately $730,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MS. Rosenberg Matthew Hamilton lifted its holdings in shares of Morgan Stanley by 2.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock worth $391,000 after acquiring an additional 96 shares during the last quarter. Omnia Family Wealth LLC raised its position in Morgan Stanley by 3.3% in the 3rd quarter. Omnia Family Wealth LLC now owns 3,063 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 97 shares during the period. Raab & Moskowitz Asset Management LLC raised its position in Morgan Stanley by 2.8% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 3,642 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 98 shares during the period. TFB Advisors LLC grew its stake in shares of Morgan Stanley by 3.9% during the third quarter. TFB Advisors LLC now owns 2,662 shares of the financial services provider’s stock valued at $277,000 after buying an additional 99 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA raised its holdings in shares of Morgan Stanley by 0.3% in the third quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock worth $3,529,000 after buying an additional 100 shares during the period. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Morgan Stanley Stock Down 0.4 %

Shares of NYSE MS opened at $127.40 on Friday. The stock has a market capitalization of $205.25 billion, a PE ratio of 19.39, a price-to-earnings-growth ratio of 1.18 and a beta of 1.35. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 12-month low of $83.09 and a 12-month high of $136.24. The stock’s fifty day simple moving average is $124.26 and its two-hundred day simple moving average is $108.45.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.31. The company had revenue of $15.38 billion for the quarter, compared to the consensus estimate of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. As a group, analysts expect that Morgan Stanley will post 7.33 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a $0.925 dividend. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date was Thursday, October 31st. Morgan Stanley’s payout ratio is currently 56.32%.

Analyst Ratings Changes

A number of research firms recently issued reports on MS. Royal Bank of Canada boosted their price objective on Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a report on Thursday, October 17th. JPMorgan Chase & Co. upped their price target on shares of Morgan Stanley from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. The Goldman Sachs Group lifted their price objective on shares of Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. HSBC downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and upped their target price for the stock from $128.00 to $131.00 in a research note on Tuesday, November 26th. Finally, Barclays lifted their price target on shares of Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 17th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Morgan Stanley has an average rating of “Hold” and an average price target of $121.80.

Insider Buying and Selling

In related news, Director Stephen J. Luczo sold 60,000 shares of the business’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the transaction, the director now directly owns 138,363 shares in the company, valued at $16,488,718.71. The trade was a 30.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.24% of the stock is currently owned by company insiders.

Morgan Stanley Company 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.