Morgan Stanley (NYSE:MS) Shares Sold by Keel Point LLC

Keel Point LLC lessened its position in shares of Morgan Stanley (NYSE:MS) by 18.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,345 shares of the financial services provider’s stock after selling 516 shares during the quarter. Keel Point LLC’s holdings in Morgan Stanley were worth $219,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CGC Financial Services LLC lifted its holdings 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 valued at $25,000 after acquiring an additional 260 shares in the last quarter. RVW Wealth LLC purchased a new position in Morgan Stanley in the third quarter valued at about $27,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of Morgan Stanley by 77.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock worth $27,000 after purchasing 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 grew its stake 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 valued at $28,000 after buying an additional 300 shares in the last quarter. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Morgan Stanley Stock Up 2.5 %

Shares of Morgan Stanley stock opened at $89.13 on Wednesday. The business has a 50-day moving average price of $88.65 and a 200 day moving average price of $84.78. Morgan Stanley has a fifty-two week low of $69.42 and a fifty-two week high of $95.57. The firm has a market cap of $144.97 billion, a P/E ratio of 17.24, a P/E/G ratio of 1.76 and a beta of 1.43. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.89.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.30. The business had revenue of $15.14 billion during the quarter, compared to the consensus estimate of $14.42 billion. Morgan Stanley had a return on equity of 10.36% and a net margin of 9.49%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.70 EPS. On average, sell-side analysts forecast that Morgan Stanley will post 6.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Morgan Stanley

In related news, Chairman James P. Gorman sold 100,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $87.30, for a total transaction of $8,730,000.00. Following the completion of the sale, the chairman now owns 350,000 shares of the company’s stock, valued at approximately $30,555,000. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, Chairman James P. Gorman sold 100,000 shares of the firm’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 sale, the chairman now owns 350,000 shares of the company’s stock, valued at approximately $30,555,000. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Raja Akram sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $83.56, for a total value of $584,920.00. Following the transaction, the chief financial officer now owns 97,634 shares of the company’s stock, 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. Insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on MS shares. HSBC boosted their price target on Morgan Stanley from $96.00 to $100.00 and gave the stock a “hold” rating in a research report on Thursday, March 28th. TheStreet upgraded shares of Morgan Stanley from a “c+” rating to a “b” rating in a research note on Wednesday, March 6th. Evercore ISI raised their price target on shares of Morgan Stanley from $97.00 to $102.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Oppenheimer cut their price objective on shares of Morgan Stanley from $109.00 to $97.00 and set an “outperform” rating on the stock in a report on Tuesday, March 19th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $87.00 price objective (down from $94.00) on shares of Morgan Stanley in a research report on Wednesday, January 17th. Thirteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $95.66.

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.