Morgan Stanley (NYSE:MS) Shares Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC grew its position in Morgan Stanley (NYSE:MS) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,370 shares of the financial services provider’s stock after acquiring an additional 305 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Morgan Stanley were worth $1,304,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MS. DGS Capital Management LLC lifted its holdings in shares of Morgan Stanley by 1.8% during the fourth quarter. DGS Capital Management LLC now owns 4,408 shares of the financial services provider’s stock worth $554,000 after purchasing an additional 77 shares during the period. Perfromance Wealth Partners LLC lifted its holdings in shares of Morgan Stanley by 2.7% during the fourth quarter. Perfromance Wealth Partners LLC now owns 3,004 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 78 shares during the period. Quent Capital LLC lifted its holdings in shares of Morgan Stanley by 0.7% during the fourth quarter. Quent Capital LLC now owns 12,298 shares of the financial services provider’s stock worth $1,546,000 after purchasing an additional 80 shares during the period. Kennebec Savings Bank lifted its holdings in shares of Morgan Stanley by 2.9% during the fourth quarter. Kennebec Savings Bank now owns 2,908 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 81 shares during the period. Finally, Brandywine Oak Private Wealth LLC lifted its holdings in shares of Morgan Stanley by 3.1% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 2,707 shares of the financial services provider’s stock worth $340,000 after purchasing an additional 81 shares during the period. 84.19% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley Trading Down 0.5 %

Shares of MS stock opened at $137.13 on Thursday. Morgan Stanley has a fifty-two week low of $83.09 and a fifty-two week high of $142.03. The stock has a market cap of $220.92 billion, a P/E ratio of 17.27, a P/E/G ratio of 1.24 and a beta of 1.37. The business has a fifty day simple moving average of $130.94 and a 200-day simple moving average of $117.93. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.68. The firm had revenue of $16.23 billion during the quarter, compared to analysts’ expectations of $15.03 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The firm’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.13 EPS. On average, analysts forecast that Morgan Stanley will post 8.56 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be given a dividend of $0.925 per share. This represents a $3.70 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Friday, January 31st. Morgan Stanley’s dividend payout ratio is presently 46.60%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MS. HSBC downgraded Morgan Stanley from a “buy” rating to a “hold” rating and increased their price target for the stock from $128.00 to $131.00 in a report on Tuesday, November 26th. JPMorgan Chase & Co. raised their target price on Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, January 13th. Hsbc Global Res downgraded Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Bank of America raised their target price on Morgan Stanley from $146.00 to $153.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, Evercore ISI raised their target price on Morgan Stanley from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Morgan Stanley currently has an average rating of “Hold” and a consensus target price of $131.27.

Insider Buying and Selling

In other Morgan Stanley news, insider Eric F. Grossman sold 13,097 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the sale, the insider now owns 197,444 shares in the company, valued at $26,891,872.80. The trade was a 6.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $136.01, for a total value of $2,380,175.00. Following the completion of the sale, the chief financial officer now owns 81,440 shares of the company’s stock, valued at $11,076,654.40. This trade represents a 17.69 % decrease in their position. The disclosure for this sale can be found here. 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.