Mitchell Mcleod Pugh & Williams Inc. Has $981,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Mitchell Mcleod Pugh & Williams Inc. grew its holdings in Morgan Stanley (NYSE:MS) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,515 shares of the financial services provider’s stock after buying an additional 368 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Morgan Stanley were worth $981,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in MS. CGC Financial Services LLC grew its holdings in shares of Morgan Stanley by 5,200.0% in the 4th quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 260 shares during the last quarter. Glass Jacobson Investment Advisors llc grew its stake in shares of Morgan Stanley by 77.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 143 shares during the last quarter. VisionPoint Advisory Group LLC raised its position in Morgan Stanley by 123.2% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 442 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 244 shares during the last quarter. Front Row Advisors LLC lifted its holdings in Morgan Stanley by 220.6% during the 3rd quarter. Front Row Advisors LLC now owns 452 shares of the financial services provider’s stock worth $37,000 after buying an additional 311 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new position in Morgan Stanley in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Oppenheimer upped their price target on Morgan Stanley from $97.00 to $101.00 and gave the company an “outperform” rating in a research note on Wednesday, April 17th. Cfra raised their price target on Morgan Stanley from $97.00 to $108.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Royal Bank of Canada restated a “sector perform” rating and set a $91.00 target price on shares of Morgan Stanley in a report on Wednesday, March 27th. Keefe, Bruyette & Woods raised their target price on Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a report on Wednesday, April 17th. Finally, BMO Capital Markets raised their target price on Morgan Stanley from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $98.07.

Morgan Stanley Stock Up 0.6 %

Shares of NYSE:MS traded up $0.53 during trading on Monday, hitting $92.51. 974,380 shares of the company were exchanged, compared to its average volume of 8,630,819. The stock has a market cap of $150.48 billion, a price-to-earnings ratio of 16.90, a P/E/G ratio of 1.76 and a beta of 1.43. Morgan Stanley has a fifty-two week low of $69.42 and a fifty-two week high of $95.57. The firm has a fifty day moving average price of $89.68 and a two-hundred day moving average price of $85.48. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.89.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.33. The firm had revenue of $15.14 billion for the quarter, compared to analyst estimates of $14.42 billion. Morgan Stanley had a return on equity of 10.87% and a net margin of 9.57%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.70 EPS. As a group, research analysts anticipate that Morgan Stanley will post 6.77 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.40 annualized dividend and a dividend yield of 3.68%. Morgan Stanley’s dividend payout ratio is currently 61.93%.

Insider Transactions at Morgan Stanley

In other news, insider Andrew M. Saperstein sold 26,655 shares of Morgan Stanley stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $87.19, for a total transaction of $2,324,049.45. Following the completion of the transaction, the insider now directly owns 286,835 shares in the company, valued at approximately $25,009,143.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Andrew M. Saperstein sold 26,655 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $87.19, for a total value of $2,324,049.45. Following the completion of the sale, the insider now directly owns 286,835 shares in the company, valued at approximately $25,009,143.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrew M. Saperstein sold 10,000 shares of the business’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $87.92, for a total value of $879,200.00. Following the completion of the sale, the insider now owns 313,490 shares of the company’s stock, valued at $27,562,040.80. The disclosure for this sale can be found here. In the last three months, insiders sold 252,355 shares of company stock worth $22,356,602. 0.24% of the stock is owned by company insiders.

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.