Telemus Capital LLC Grows Stock Holdings in Morgan Stanley (NYSE:MS)

Telemus Capital LLC boosted its holdings in Morgan Stanley (NYSE:MS) by 24.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,439 shares of the financial services provider’s stock after buying an additional 16,002 shares during the quarter. Telemus Capital LLC’s holdings in Morgan Stanley were worth $7,501,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MS. CGC Financial Services LLC raised its position in shares of Morgan Stanley by 5,200.0% during the 4th quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 260 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its position in shares of Morgan Stanley by 77.3% during the 3rd 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 during the last quarter. Janiczek Wealth Management LLC boosted its holdings in shares of Morgan Stanley by 810.8% in the 3rd quarter. Janiczek Wealth Management LLC now owns 337 shares of the financial services provider’s stock valued at $28,000 after buying an additional 300 shares in the last quarter. VisionPoint Advisory Group LLC grew its position in shares of Morgan Stanley by 123.2% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 442 shares of the financial services provider’s stock valued at $36,000 after buying an additional 244 shares during the last quarter. Finally, Front Row Advisors LLC raised its stake 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 acquiring an additional 311 shares in the last quarter. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Morgan Stanley Trading Up 1.6 %

NYSE:MS opened at $92.10 on Tuesday. The stock has a fifty day moving average price of $89.02 and a two-hundred day moving average price of $85.10. The stock has a market capitalization of $149.81 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 1.72 and a beta of 1.43. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.75 and a current ratio of 0.75. Morgan Stanley has a 1 year low of $69.42 and a 1 year high of $95.57.

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

Morgan Stanley Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend is Monday, April 29th. Morgan Stanley’s dividend payout ratio (DPR) is 61.93%.

Insider Buying and Selling at Morgan Stanley

In other Morgan Stanley news, insider Charles Aubrey Smith III sold 11,200 shares of the company’s stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of $90.09, for a total value of $1,009,008.00. Following the sale, the insider now owns 126,190 shares of the company’s stock, valued at $11,368,457.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Morgan Stanley news, CFO Raja Akram sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $87.41, for a total value of $393,345.00. Following the sale, the chief financial officer now directly owns 93,134 shares of the company’s stock, valued at approximately $8,140,842.94. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Charles Aubrey Smith III sold 11,200 shares of the firm’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $90.09, for a total value of $1,009,008.00. Following the completion of the sale, the insider now directly owns 126,190 shares in the company, valued at $11,368,457.10. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 302,355 shares of company stock valued at $26,753,102. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MS has been the topic of several research reports. Bank of America raised their price objective on Morgan Stanley from $100.00 to $106.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. UBS Group increased their price objective on Morgan Stanley from $80.00 to $95.00 and gave the company a “neutral” rating in a report on Tuesday, January 9th. BMO Capital Markets lifted their target price on shares of Morgan Stanley from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. 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 report on Wednesday, January 17th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $91.00 target price on shares of Morgan Stanley in a report on Wednesday, March 27th. Twelve investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Morgan Stanley presently has an average rating of “Hold” and an average target price of $98.07.

Morgan Stanley Company 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.