BlackRock Inc. Boosts Position in Morgan Stanley (MS)

BlackRock Inc. boosted its stake in shares of Morgan Stanley (NYSE:MS) by 0.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 105,846,265 shares of the financial services provider’s stock after purchasing an additional 334,987 shares during the period. BlackRock Inc. owned 5.98% of Morgan Stanley worth $5,711,464,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of MS. Amundi Pioneer Asset Management Inc. boosted its position in Morgan Stanley by 361.8% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 4,418,918 shares of the financial services provider’s stock valued at $231,860,000 after purchasing an additional 3,462,069 shares during the last quarter. Boston Partners boosted its position in Morgan Stanley by 476.1% during the first quarter. Boston Partners now owns 2,120,958 shares of the financial services provider’s stock valued at $114,447,000 after purchasing an additional 1,752,824 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Morgan Stanley by 14.2% during the fourth quarter. Bank of New York Mellon Corp now owns 12,643,249 shares of the financial services provider’s stock valued at $663,392,000 after purchasing an additional 1,569,202 shares during the last quarter. DSAM Partners London Ltd boosted its position in Morgan Stanley by 622.8% during the fourth quarter. DSAM Partners London Ltd now owns 791,331 shares of the financial services provider’s stock valued at $41,521,000 after purchasing an additional 681,856 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of Morgan Stanley by 14.6% in the fourth quarter. Bessemer Group Inc. now owns 5,186,989 shares of the financial services provider’s stock valued at $272,163,000 after buying an additional 660,646 shares during the last quarter. 86.98% of the stock is owned by hedge funds and other institutional investors.

MS has been the subject of a number of recent analyst reports. Vining Sparks reaffirmed a “buy” rating and issued a $67.00 price objective on shares of Morgan Stanley in a research report on Wednesday, April 18th. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Tuesday, April 24th. JPMorgan Chase reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Morgan Stanley in a research report on Thursday, March 15th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $62.00 price objective on shares of Morgan Stanley in a research report on Thursday, April 5th. Finally, Barclays raised their price objective on Morgan Stanley from $62.00 to $63.00 and gave the company an “equal weight” rating in a research report on Thursday, April 19th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Morgan Stanley currently has a consensus rating of “Buy” and an average price target of $55.40.

NYSE:MS opened at $53.92 on Monday. The company has a market cap of $95.45 billion, a P/E ratio of 14.98, a PEG ratio of 0.90 and a beta of 1.55. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.75. Morgan Stanley has a 1-year low of $41.07 and a 1-year high of $59.38.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Wednesday, April 18th. The financial services provider reported $1.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.17. The business had revenue of $11.08 billion during the quarter, compared to analysts’ expectations of $10.37 billion. Morgan Stanley had a return on equity of 11.10% and a net margin of 15.09%. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the firm posted $1.00 EPS. equities research analysts forecast that Morgan Stanley will post 4.72 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Monday, April 30th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, April 27th. This represents a $1.00 annualized dividend and a yield of 1.85%. Morgan Stanley’s payout ratio is currently 27.78%.

Morgan Stanley 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. The company operates through three segments: Institutional Securities, Wealth Management, and Investment Management.

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

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