Washburn Capital Management Inc. Sells 195 Shares of Morgan Stanley (NYSE:MS)

Washburn Capital Management Inc. lowered its position in Morgan Stanley (NYSE:MSFree Report) by 1.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,731 shares of the financial services provider’s stock after selling 195 shares during the period. Morgan Stanley comprises about 0.8% of Washburn Capital Management Inc.’s investment portfolio, making the stock its 20th biggest holding. Washburn Capital Management Inc.’s holdings in Morgan Stanley were worth $1,001,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of MS. CGC Financial Services LLC lifted its position in Morgan Stanley by 5,200.0% during the fourth quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 260 shares in the last quarter. RVW Wealth LLC purchased a new position in shares of Morgan Stanley in the third quarter valued at about $27,000. Glass Jacobson Investment Advisors llc lifted its position in shares of Morgan Stanley by 77.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock worth $27,000 after buying an additional 143 shares in the last quarter. DHJJ Financial Advisors Ltd. purchased a new stake in shares of Morgan Stanley in the third quarter worth about $28,000. Finally, Janiczek Wealth Management LLC lifted its position in shares of Morgan Stanley by 810.8% in the third quarter. Janiczek Wealth Management LLC now owns 337 shares of the financial services provider’s stock worth $28,000 after buying an additional 300 shares in the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Morgan Stanley Price Performance

Shares of Morgan Stanley stock traded up $0.48 on Wednesday, hitting $93.19. 2,761,258 shares of the company were exchanged, compared to its average volume of 8,737,737. The company has a 50-day moving average price of $87.97 and a 200 day moving average price of $84.34. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $152.39 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.89 and a beta of 1.43. Morgan Stanley has a 1-year low of $69.42 and a 1-year high of $95.57.

Morgan Stanley (NYSE:MSGet Free Report) last released its earnings results on Tuesday, January 16th. The financial services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.06. The company had revenue of $12.90 billion during the quarter, compared to the consensus estimate of $12.77 billion. Morgan Stanley had a return on equity of 10.36% and a net margin of 9.49%. Morgan Stanley’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.31 EPS. As a group, sell-side analysts predict that Morgan Stanley will post 6.35 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend was Tuesday, January 30th. Morgan Stanley’s payout ratio is 65.76%.

Insider Buying and Selling

In other news, Chairman James P. Gorman sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $87.30, for a total value of $8,730,000.00. Following the transaction, the chairman now owns 350,000 shares of the company’s stock, valued at $30,555,000. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Chairman James P. Gorman sold 100,000 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $87.30, for a total transaction of $8,730,000.00. Following the transaction, the chairman now owns 350,000 shares of the company’s stock, valued at $30,555,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Raja Akram sold 7,000 shares of the company’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $83.56, for a total value of $584,920.00. Following the transaction, the chief financial officer now directly owns 97,634 shares in the company, valued at approximately $8,158,297.04. The disclosure for this sale can be found here. Insiders sold a total of 208,155 shares of company stock worth $18,149,314 over the last 90 days. 0.24% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Oppenheimer decreased their target price on Morgan Stanley from $109.00 to $97.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 19th. Barclays boosted their price objective on Morgan Stanley from $102.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. JPMorgan Chase & Co. reissued a “neutral” rating and set a $87.00 price objective (down from $94.00) on shares of Morgan Stanley in a research note on Wednesday, January 17th. Royal Bank of Canada reissued a “sector perform” rating and set a $91.00 price objective on shares of Morgan Stanley in a research note on Wednesday, March 27th. Finally, TheStreet raised Morgan Stanley from a “c+” rating to a “b” rating in a research note on Wednesday, March 6th. Thirteen analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $94.45.

Get Our Latest Report on MS

Morgan Stanley Company Profile

(Free Report)

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.

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

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