Morgan Stanley (NYSE:MS) Shares Sold by Intergy Private Wealth LLC

Intergy Private Wealth LLC cut its stake in shares of Morgan Stanley (NYSE:MS) by 3.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,428 shares of the financial services provider’s stock after selling 99 shares during the quarter. Intergy Private Wealth LLC’s holdings in Morgan Stanley were worth $305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kennebec Savings Bank grew its holdings in shares of Morgan Stanley by 2.9% in the 4th quarter. Kennebec Savings Bank now owns 2,908 shares of the financial services provider’s stock worth $361,000 after acquiring an additional 81 shares during the period. AA Financial Advisors LLC boosted its position in Morgan Stanley by 24.7% during the fourth quarter. AA Financial Advisors LLC now owns 3,216 shares of the financial services provider’s stock worth $404,000 after purchasing an additional 637 shares in the last quarter. Cibc World Market Inc. raised its stake in shares of Morgan Stanley by 40.6% during the 4th quarter. Cibc World Market Inc. now owns 511,824 shares of the financial services provider’s stock worth $64,347,000 after buying an additional 147,807 shares during the last quarter. Mediolanum International Funds Ltd boosted its position in shares of Morgan Stanley by 24.9% in the 4th quarter. Mediolanum International Funds Ltd now owns 132,977 shares of the financial services provider’s stock worth $16,681,000 after buying an additional 26,518 shares in the last quarter. Finally, Crews Bank & Trust acquired a new stake in Morgan Stanley in the 4th quarter valued at about $481,000. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Morgan Stanley

In related news, CFO Raja Akram sold 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the sale, the chief financial officer now owns 81,440 shares of the company’s stock, valued at $11,076,654.40. The trade was a 17.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric F. Grossman sold 13,097 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the sale, the insider now owns 197,444 shares of the company’s stock, valued at approximately $26,891,872.80. This trade represents a 6.22 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wells Fargo & Company raised Morgan Stanley from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $107.00 to $142.00 in a research note on Friday, November 15th. Royal Bank of Canada raised their price target on shares of Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 17th. HSBC lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating and boosted their price objective for the company from $128.00 to $131.00 in a research report on Tuesday, November 26th. Jefferies Financial Group raised their target price on shares of Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. Finally, JPMorgan Chase & Co. boosted their price target on Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, January 13th. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Morgan Stanley has a consensus rating of “Hold” and a consensus target price of $131.27.

Morgan Stanley Price Performance

Shares of MS opened at $140.05 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The firm has a market cap of $225.63 billion, a price-to-earnings ratio of 17.64, a PEG ratio of 1.23 and a beta of 1.36. Morgan Stanley has a 52 week low of $83.09 and a 52 week high of $141.48. The stock has a 50 day moving average of $129.80 and a 200-day moving average of $115.67.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.68. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The firm had revenue of $16.23 billion for the quarter, compared to analyst estimates of $15.03 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. Morgan Stanley’s quarterly revenue was up 25.9% on a year-over-year basis. As a group, analysts forecast that Morgan Stanley will post 8.52 EPS for the current year.

Morgan Stanley Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.925 per share. The ex-dividend date is Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.64%. Morgan Stanley’s dividend payout ratio (DPR) is presently 46.60%.

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.