3,589 Shares in Morgan Stanley $MS Bought by Income Insurance Ltd

Income Insurance Ltd purchased a new position in Morgan Stanley (NYSE:MS) in the fourth quarter, HoldingsChannel reports. The fund purchased 3,589 shares of the financial services provider’s stock, valued at approximately $637,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Olistico Wealth LLC bought a new stake in Morgan Stanley during the fourth quarter valued at $27,000. Lodestone Wealth Management LLC bought a new stake in Morgan Stanley during the fourth quarter valued at $28,000. Nvest Wealth Strategies Inc. bought a new stake in Morgan Stanley during the fourth quarter valued at $31,000. Mowery & Schoenfeld Wealth Management LLC increased its stake in Morgan Stanley by 1,855.6% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 176 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 167 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. increased its stake in Morgan Stanley by 65.2% during the third quarter. Greykasell Wealth Strategies Inc. now owns 185 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 73 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley News Summary

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

• Positive Sentiment: DBS Bank raised its price target on Morgan Stanley to $220 from $185, signaling more upside potential. DBS Bank price target update
• Positive Sentiment: Erste Group Bank lifted FY2027 earnings estimates for Morgan Stanley, while keeping a Buy rating, reinforcing confidence in longer-term earnings power.
• Positive Sentiment: UBS also increased its Morgan Stanley price target to $214 from $196, adding to the wave of bullish revisions. UBS price target update

Wall Street Analyst Weigh In

Several research firms have weighed in on MS. BNP Paribas Exane boosted their target price on shares of Morgan Stanley from $195.00 to $205.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Wolfe Research lowered their target price on shares of Morgan Stanley from $221.00 to $197.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. Citigroup boosted their target price on shares of Morgan Stanley from $170.00 to $194.00 and gave the company a “neutral” rating in a research note on Friday. Rothschild & Co Redburn boosted their target price on shares of Morgan Stanley from $171.00 to $183.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, HSBC upped their price target on shares of Morgan Stanley from $153.00 to $177.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Morgan Stanley has an average rating of “Moderate Buy” and a consensus price target of $206.26.

Morgan Stanley Stock Performance

MS stock opened at $192.99 on Friday. The company has a market capitalization of $304.40 billion, a P/E ratio of 17.48, a PEG ratio of 1.45 and a beta of 1.22. The company has a 50-day simple moving average of $172.76 and a 200 day simple moving average of $173.64. Morgan Stanley has a fifty-two week low of $121.46 and a fifty-two week high of $194.83. The company has a quick ratio of 0.81, a current ratio of 0.77 and a debt-to-equity ratio of 3.52.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data 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. The business had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $19.23 billion. Morgan Stanley had a net margin of 14.65% and a return on equity of 17.70%. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.60 earnings per share. Sell-side analysts predict that Morgan Stanley will post 11.85 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $4.00 annualized dividend and a yield of 2.1%. Morgan Stanley’s dividend payout ratio is presently 36.23%.

Insider Buying and Selling

In related news, insider Andrew M. Saperstein sold 51,668 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $188.59, for a total value of $9,744,068.12. Following the completion of the sale, the insider owned 282,142 shares of the company’s stock, valued at $53,209,159.78. This represents a 15.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Eric F. Grossman sold 11,118 shares of the company’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $190.75, for a total transaction of $2,120,758.50. Following the completion of the sale, the insider directly owned 169,403 shares of the company’s stock, valued at $32,313,622.25. The trade was a 6.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 77,476 shares of company stock valued at $14,644,762 over the last 90 days. 0.17% of the stock is currently owned by company insiders.

Morgan Stanley Company Profile

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.