Northstar Advisory Group LLC Has $4.32 Million Holdings in Morgan Stanley $MS

Northstar Advisory Group LLC boosted its position in shares of Morgan Stanley (NYSE:MSFree Report) by 72.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,304 shares of the financial services provider’s stock after buying an additional 10,242 shares during the period. Morgan Stanley makes up approximately 1.5% of Northstar Advisory Group LLC’s investment portfolio, making the stock its 18th largest position. Northstar Advisory Group LLC’s holdings in Morgan Stanley were worth $4,315,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Olistico Wealth LLC bought a new stake in shares of Morgan Stanley during the 4th quarter worth approximately $27,000. WFA of San Diego LLC acquired a new stake in shares of Morgan Stanley during the 2nd quarter worth approximately $28,000. Greykasell Wealth Strategies Inc. increased its stake in Morgan Stanley by 65.2% in the third quarter. Greykasell Wealth Strategies Inc. now owns 185 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 73 shares during the last quarter. Family Legacy Financial Solutions LLC raised its position in Morgan Stanley by 91.9% during the third quarter. Family Legacy Financial Solutions LLC now owns 213 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 102 shares in the last quarter. Finally, Strive Asset Management LLC acquired a new position in Morgan Stanley during the third quarter valued at approximately $34,000. 84.19% of the stock is owned by institutional investors.

Morgan Stanley Stock Down 0.1%

Shares of NYSE:MS opened at $158.25 on Tuesday. Morgan Stanley has a 52-week low of $94.33 and a 52-week high of $192.68. The company has a market capitalization of $251.28 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.27 and a beta of 1.20. The company has a debt-to-equity ratio of 3.39, a quick ratio of 0.81 and a current ratio of 0.81. The company has a fifty day moving average of $170.48 and a 200-day moving average of $169.16.

Morgan Stanley (NYSE:MSGet Free Report) last released its quarterly earnings data on Thursday, January 15th. The financial services provider reported $2.68 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.40. The company had revenue of $17.90 billion for the quarter, compared to the consensus estimate of $17.69 billion. Morgan Stanley had a return on equity of 16.78% and a net margin of 14.09%.Morgan Stanley’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $2.22 EPS. On average, equities analysts predict that Morgan Stanley will post 8.56 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, January 30th. Morgan Stanley’s dividend payout ratio (DPR) is presently 39.18%.

Insider Activity at Morgan Stanley

In other news, insider Charles A. Smith sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $182.08, for a total value of $1,547,680.00. Following the completion of the transaction, the insider owned 119,128 shares of the company’s stock, valued at $21,690,826.24. This represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Andrew M. Saperstein sold 30,330 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $183.62, for a total transaction of $5,569,194.60. Following the completion of the transaction, the insider owned 280,481 shares of the company’s stock, valued at approximately $51,501,921.22. This trade represents a 9.76% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 129,191 shares of company stock valued at $23,736,506. Corporate insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

MS has been the topic of a number of research analyst reports. Jefferies Financial Group downgraded Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Wells Fargo & Company upped their price objective on Morgan Stanley from $177.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Monday, January 5th. Keefe, Bruyette & Woods raised their price objective on Morgan Stanley from $202.00 to $210.00 and gave the company a “moderate buy” rating in a research note on Friday, January 16th. Zacks Research cut Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $207.00 target price on shares of Morgan Stanley in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Morgan Stanley currently has an average rating of “Hold” and a consensus price target of $187.14.

Get Our Latest Stock Report on MS

Key Stories Impacting Morgan Stanley

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Morgan Stanley Profile

(Free Report)

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.

Further Reading

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

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