Morgan Stanley $MS Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its position in Morgan Stanley (NYSE:MS) by 142.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,122,060 shares of the financial services provider’s stock after buying an additional 1,833,844 shares during the quarter. Corient Private Wealth LLC’s holdings in Morgan Stanley were worth $511,723,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MS. Vanguard Group Inc. grew its holdings in shares of Morgan Stanley by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 119,718,100 shares of the financial services provider’s stock valued at $21,253,554,000 after purchasing an additional 1,361,940 shares in the last quarter. State Street Corp lifted its holdings in Morgan Stanley by 0.5% during the 4th quarter. State Street Corp now owns 103,854,751 shares of the financial services provider’s stock worth $18,437,334,000 after buying an additional 539,544 shares in the last quarter. Capital International Investors boosted its position in Morgan Stanley by 0.6% in the 3rd quarter. Capital International Investors now owns 27,321,214 shares of the financial services provider’s stock valued at $4,343,523,000 after buying an additional 167,487 shares during the period. Geode Capital Management LLC boosted its position in Morgan Stanley by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 27,070,557 shares of the financial services provider’s stock valued at $4,786,350,000 after buying an additional 534,708 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of Morgan Stanley by 2.1% in the fourth quarter. Fisher Asset Management LLC now owns 25,018,335 shares of the financial services provider’s stock worth $4,441,505,000 after acquiring an additional 524,189 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley News Summary

Here are the key news stories impacting Morgan Stanley this week:

• Positive Sentiment: Morgan Stanley Investment Management and Ridgeback Group agreed to buy Metra Living for £1.045 billion, expanding MS into U.K. rental housing and underscoring its private-markets and real estate growth strategy. Morgan Stanley (MS) Buys Into UK Rentals With £1.045b Metra Living Deal
• Positive Sentiment: Recent coverage says Morgan Stanley is also benefiting from renewed investor enthusiasm for banks, with the broader financial sector hitting records ahead of the Fed meeting, which is helping support MS sentiment. Big Bank Stocks Hit Records Ahead of Fed Meeting
• Positive Sentiment: News flow continues to frame MS as a long-term growth and wealth-management winner, with commentary highlighting its ambition to reach $10 trillion in client assets and potential upside from a future SpaceX IPO mandate. Morgan Stanley (MS) Is Chasing $10 Trillion In Wealth And A SpaceX Boost
• Neutral Sentiment: Other headlines around Morgan Stanley today were mostly research-related, including notes on oil and sector calls, which are more likely to affect sentiment around specific industries than MS’s core earnings outlook.

Insider Activity

In other news, insider Andrew M. Saperstein sold 51,668 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $188.59, for a total value of $9,744,068.12. Following the transaction, the insider owned 282,142 shares in the company, valued at approximately $53,209,159.78. This represents a 15.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Daniel A. Simkowitz sold 14,690 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $189.24, for a total value of $2,779,935.60. Following the sale, the insider directly owned 365,802 shares in the company, valued at $69,224,370.48. This trade represents a 3.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 77,476 shares of company stock worth $14,644,762. 0.17% of the stock is currently owned by insiders.

Morgan Stanley Price Performance

Morgan Stanley stock opened at $223.69 on Friday. The stock has a market cap of $352.82 billion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 1.69 and a beta of 1.23. The company has a fifty day simple moving average of $198.14 and a 200-day simple moving average of $182.49. Morgan Stanley has a 12-month low of $130.90 and a 12-month high of $230.47. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 3.52.

Morgan Stanley (NYSE:MS) last posted its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 EPS for the quarter, beating the consensus estimate of $3.02 by $0.41. Morgan Stanley had a return on equity of 17.70% and a net margin of 14.65%.The firm had revenue of $20.58 billion for the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the prior year, the company posted $2.60 earnings per share. Morgan Stanley’s revenue for the quarter was up 16.0% compared to the same quarter last year. Equities analysts expect that Morgan Stanley will post 11.87 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, April 30th. Morgan Stanley’s dividend payout ratio is currently 36.23%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on MS shares. BNP Paribas Exane upped their price objective on Morgan Stanley from $195.00 to $205.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. CICC Research lifted their target price on Morgan Stanley from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. HSBC boosted their target price on Morgan Stanley from $153.00 to $177.00 and gave the stock a “hold” rating in a research note on Friday, April 17th. The Goldman Sachs Group increased their price target on Morgan Stanley from $186.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of Morgan Stanley in a research note on Thursday, April 16th. Twelve equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.35.

Morgan Stanley Company Profile

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.