Telos Capital Management Inc. Has $21.54 Million Position in Morgan Stanley $MS

Telos Capital Management Inc. lessened its holdings in Morgan Stanley (NYSE:MS) by 1.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 130,873 shares of the financial services provider’s stock after selling 2,266 shares during the period. Morgan Stanley comprises 2.1% of Telos Capital Management Inc.’s holdings, making the stock its 7th biggest position. Telos Capital Management Inc.’s holdings in Morgan Stanley were worth $21,538,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MS. Motiv8 Investments LLC bought a new position in Morgan Stanley in the fourth quarter worth approximately $25,000. Purpose Unlimited Inc. bought a new stake in Morgan Stanley during the 4th quarter valued at $25,000. Olistico Wealth LLC bought a new stake in Morgan Stanley during the 4th quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new position in shares of Morgan Stanley in the 4th quarter valued at $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in shares of Morgan Stanley in the 4th quarter valued at $31,000. 84.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on MS shares. Zacks Research cut Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Bank of America lifted their target price on Morgan Stanley from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Citizens Jmp reiterated a “market perform” rating on shares of Morgan Stanley in a report on Thursday, April 16th. CICC Research increased their price target on shares of Morgan Stanley from $175.00 to $200.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, JPMorgan Chase & Co. raised their price target on shares of Morgan Stanley from $179.00 to $187.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Twelve analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $206.35.

Morgan Stanley Stock Performance

Shares of MS opened at $227.19 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 3.52. The firm has a market cap of $358.34 billion, a PE ratio of 20.58, a P/E/G ratio of 1.70 and a beta of 1.23. Morgan Stanley has a 12 month low of $130.90 and a 12 month high of $230.47. The stock has a fifty day moving average price of $200.07 and a 200-day moving average price of $183.29.

Morgan Stanley (NYSE:MS) last announced its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share for the quarter, topping 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 the consensus estimate of $19.23 billion. During the same period in the previous year, the business earned $2.60 EPS. The firm’s revenue for the quarter was up 16.0% on a year-over-year basis. Equities research analysts predict that Morgan Stanley will post 11.9 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

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

Insider Transactions at Morgan Stanley

In other news, insider Eric F. Grossman sold 11,118 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $190.75, for a total transaction of $2,120,758.50. Following the transaction, the insider owned 169,403 shares in the company, valued at $32,313,622.25. This represents a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Daniel A. Simkowitz sold 14,690 shares of the 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 transaction, the insider directly owned 365,802 shares of the company’s stock, valued at $69,224,370.48. The trade was a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 77,476 shares of company stock worth $14,644,762. Insiders own 0.17% of the company’s stock.

Key Morgan Stanley News

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

• Positive Sentiment: Morgan Stanley is reportedly weighing an expansion in Dallas through a $1.33 billion office-building deal, which could signal continued growth in its Texas footprint and long-term investment in a major financial hub. Morgan Stanley Weighs Expansion to Dallas With $1.33 Billion Office-Building Deal
• Positive Sentiment: Financial stocks were generally moving higher in afternoon trading, providing a favorable backdrop for Morgan Stanley and other large banks and brokers. Sector Update: Financial Stocks Rise in Afternoon Trading
• Neutral Sentiment: There was also broader market chatter about Morgan Stanley’s crypto ETF fee strategy, which may be keeping the company in investor focus, though it is not a direct stock catalyst by itself. Morgan Stanley targets crypto ETF fee crown – while Franklin Templeton wants your stock dividends buying bitcoin

About Morgan Stanley

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.