Rockefeller Capital Management L.P. Has $76.28 Million Holdings in Morgan Stanley $MS

Rockefeller Capital Management L.P. lifted its holdings in shares of Morgan Stanley (NYSE:MS) by 17.6% during the 4th quarter, Holdings Channel reports. The firm owned 429,669 shares of the financial services provider’s stock after purchasing an additional 64,401 shares during the period. Rockefeller Capital Management L.P.’s holdings in Morgan Stanley were worth $76,279,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of Morgan Stanley by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock valued at $1,607,000 after acquiring an additional 1,185 shares during the period. Main Street Financial Solutions LLC increased its position in shares of Morgan Stanley by 69.0% in the second quarter. Main Street Financial Solutions LLC now owns 8,964 shares of the financial services provider’s stock worth $1,263,000 after purchasing an additional 3,661 shares during the period. Diversify Advisory Services LLC raised its stake in Morgan Stanley by 90.9% in the second quarter. Diversify Advisory Services LLC now owns 16,148 shares of the financial services provider’s stock valued at $2,378,000 after purchasing an additional 7,688 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Morgan Stanley by 6.3% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 263,575 shares of the financial services provider’s stock valued at $37,127,000 after purchasing an additional 15,623 shares in the last quarter. Finally, Jupiter Wealth Management LLC lifted its position in Morgan Stanley by 7.8% during the second quarter. Jupiter Wealth Management LLC now owns 52,825 shares of the financial services provider’s stock worth $7,805,000 after purchasing an additional 3,807 shares during the period. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Morgan Stanley Price Performance

Shares of MS stock opened at $223.69 on Friday. The business has a fifty day simple moving average of $199.10 and a 200 day simple moving average of $182.78. The company has a market cap of $352.82 billion, a P/E ratio of 20.26, a P/E/G ratio of 1.70 and a beta of 1.23. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52. Morgan Stanley has a twelve month low of $130.90 and a twelve month high of $230.47.

Morgan Stanley (NYSE:MS) last released its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.41. The firm had revenue of $20.58 billion for the quarter, compared to analysts’ expectations of $19.23 billion. Morgan Stanley had a return on equity of 17.70% and a net margin of 14.65%.The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.60 earnings per share. On average, sell-side analysts forecast that Morgan Stanley will post 11.9 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Thursday, April 30th. Morgan Stanley’s dividend payout ratio (DPR) is presently 36.23%.

Insider Activity at Morgan Stanley

In related news, insider Andrew M. Saperstein sold 51,668 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $188.59, for a total value of $9,744,068.12. Following the completion of the transaction, the insider owned 282,142 shares of the company’s stock, valued at $53,209,159.78. This represents a 15.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel A. Simkowitz sold 14,690 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $189.24, for a total transaction of $2,779,935.60. Following the completion of the sale, the insider owned 365,802 shares in the company, valued at $69,224,370.48. This represents a 3.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 77,476 shares of company stock valued at $14,644,762. 0.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MS. Daiwa Securities Group increased their price objective on shares of Morgan Stanley from $175.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. The Goldman Sachs Group boosted their target price on shares of Morgan Stanley from $186.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Rothschild & Co Redburn upped their price target on shares of Morgan Stanley from $171.00 to $183.00 and gave the stock a “neutral” rating in a report on Friday, April 17th. BMO Capital Markets increased their price target on shares of Morgan Stanley from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. Finally, Wolfe Research decreased their price objective on shares of Morgan Stanley from $221.00 to $197.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 1st. Twelve research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, Morgan Stanley presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.35.

Morgan Stanley News Roundup

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

• Positive Sentiment: Morgan Stanley’s investment management arm, together with Ridgeback Group, agreed to acquire Metra Living, a UK private rental business, for about £1.045 billion. The deal expands MS into residential rental assets and highlights its ability to deploy capital into new fee-generating businesses. Morgan Stanley Buys Into UK Rentals With £1.045b Metra Living Deal
• Positive Sentiment: Investors are also reacting to Morgan Stanley’s strong recent operating results: the firm posted Q1 EPS of $3.43, topping estimates, and revenue of $20.58 billion, also ahead of expectations, with year-over-year revenue growth of 16%. That supports the view that fundamentals remain solid after the stock’s big run. Morgan Stanley stock performance and earnings background
• Positive Sentiment: News that Morgan Stanley is part of the bank group working on possible OpenAI and Anthropic IPOs adds another potential catalyst, since high-profile tech listings could boost advisory and capital markets fees if they move forward. OpenAI, Anthropic IPOs Spark Battle Between Goldman And Morgan Stanley
• Neutral Sentiment: Several commentary pieces also frame MS as a long-term momentum name and note that the stock has been trading near its highs, which may be attracting trend-following buyers rather than pointing to a single new catalyst. Why Morgan Stanley is a Top Momentum Stock for the Long-Term

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.