Morgan Stanley (MS) is Roof Advisory Group Inc.’s 7th Largest Position

Roof Advisory Group Inc. raised its stake in Morgan Stanley (NYSE:MS) by 42.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 133,814 shares of the financial services provider’s stock after buying an additional 39,805 shares during the period. Morgan Stanley comprises about 3.6% of Roof Advisory Group Inc.’s portfolio, making the stock its 7th biggest position. Roof Advisory Group Inc.’s holdings in Morgan Stanley were worth $7,221,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Iberiabank Corp boosted its position in shares of Morgan Stanley by 11.8% during the 4th quarter. Iberiabank Corp now owns 9,121 shares of the financial services provider’s stock valued at $479,000 after purchasing an additional 960 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of Morgan Stanley by 8.1% during the 1st quarter. D.A. Davidson & CO. now owns 13,182 shares of the financial services provider’s stock valued at $711,000 after purchasing an additional 983 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in shares of Morgan Stanley by 5.9% during the 4th quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 18,018 shares of the financial services provider’s stock valued at $945,000 after purchasing an additional 1,000 shares in the last quarter. K.J. Harrison & Partners Inc boosted its position in shares of Morgan Stanley by 18.2% during the 1st quarter. K.J. Harrison & Partners Inc now owns 6,500 shares of the financial services provider’s stock valued at $351,000 after purchasing an additional 1,000 shares in the last quarter. Finally, KCS Wealth Advisory boosted its position in shares of Morgan Stanley by 6.5% during the 1st quarter. KCS Wealth Advisory now owns 16,478 shares of the financial services provider’s stock valued at $889,000 after purchasing an additional 1,010 shares in the last quarter. Hedge funds and other institutional investors own 85.26% of the company’s stock.

Several equities research analysts recently commented on MS shares. Sanford C. Bernstein started coverage on Morgan Stanley in a research report on Monday, April 9th. They set an “underperform” rating and a $51.00 target price on the stock. Credit Suisse Group upped their target price on Morgan Stanley from $61.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, April 19th. Barclays upped their target price 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. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research note on Tuesday, April 24th. Finally, Vining Sparks reaffirmed a “buy” rating and set a $67.00 price target on shares of Morgan Stanley in a research note on Wednesday, April 18th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Morgan Stanley has an average rating of “Buy” and an average price target of $55.40.

Shares of Morgan Stanley opened at $54.36 on Tuesday, Marketbeat Ratings reports. The company has a market capitalization of $95.45 billion, a PE ratio of 15.10, a P/E/G ratio of 0.90 and a beta of 1.55. Morgan Stanley has a 52 week low of $41.07 and a 52 week high of $59.38. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.82 and a quick ratio of 0.82.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Monday, April 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, April 27th. Morgan Stanley’s dividend payout ratio (DPR) is presently 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.

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

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