Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Morgan Stanley (NYSE:MS – Free Report) by 81.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 293,552 shares of the financial services provider’s stock after purchasing an additional 132,122 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Morgan Stanley were worth $52,245,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC increased its stake in shares of Morgan Stanley by 12.3% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 502 shares of the financial services provider’s stock valued at $89,000 after acquiring an additional 55 shares during the last quarter. Powers Advisory Group LLC grew its holdings in Morgan Stanley by 4.0% in the fourth quarter. Powers Advisory Group LLC now owns 1,443 shares of the financial services provider’s stock valued at $256,000 after purchasing an additional 56 shares during the period. Fielder Capital Group LLC increased its position in Morgan Stanley by 1.4% during the fourth quarter. Fielder Capital Group LLC now owns 4,216 shares of the financial services provider’s stock worth $748,000 after purchasing an additional 57 shares during the last quarter. Central Bank & Trust Co. raised its stake in Morgan Stanley by 3.4% during the fourth quarter. Central Bank & Trust Co. now owns 1,767 shares of the financial services provider’s stock worth $314,000 after purchasing an additional 58 shares during the period. Finally, Howard Financial Services LTD. boosted its holdings in shares of Morgan Stanley by 1.6% in the 4th quarter. Howard Financial Services LTD. now owns 3,579 shares of the financial services provider’s stock valued at $635,000 after purchasing an additional 58 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.
Morgan Stanley Trading Up 2.0%
Shares of NYSE MS opened at $225.32 on Thursday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52. The stock’s 50 day moving average price is $197.03 and its two-hundred day moving average price is $182.11. Morgan Stanley has a 52-week low of $129.93 and a 52-week high of $228.07. The stock has a market capitalization of $355.39 billion, a P/E ratio of 20.41, a PEG ratio of 1.66 and a beta of 1.23.
Morgan Stanley Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders 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 annualized dividend and a yield of 1.8%. Morgan Stanley’s payout ratio is presently 36.23%.
Trending Headlines about Morgan Stanley
Here are the key news stories impacting Morgan Stanley this week:
- Positive Sentiment: MS was highlighted in a Zacks note as a “top growth stock for the long term,” reinforcing the market’s growth narrative around Morgan Stanley. Why Morgan Stanley (MS) is a Top Growth Stock for the Long-Term
- Positive Sentiment: Large U.S. banks were broadly strong as investors waited for the Fed meeting, and Morgan Stanley was specifically mentioned among the bank stocks hitting records. Big Bank Stocks Hit Records Ahead of Fed Meeting
- Neutral Sentiment: Recent performance data show Morgan Stanley has already been benefiting from strong earnings, with the latest quarter beating expectations on both EPS and revenue, which supports the stock’s momentum but is not a fresh catalyst.
- Neutral Sentiment: Analyst views remain constructive overall, including Morgan Stanley’s own overweight rating and several higher price targets across the Street, which helps underpin valuation expectations.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Zacks Research downgraded Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. BMO Capital Markets boosted their target price on Morgan Stanley from $190.00 to $220.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. Keefe, Bruyette & Woods increased their price target on Morgan Stanley from $210.00 to $218.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. CICC Research raised their target price on Morgan Stanley from $175.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Finally, Barclays lifted their price target on shares of Morgan Stanley from $219.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Twelve equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $206.35.
Read Our Latest Report on Morgan Stanley
Insiders Place Their Bets
In related news, insider Andrew M. Saperstein sold 51,668 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $188.59, for a total transaction 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Eric F. Grossman sold 11,118 shares of the 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 sale, the insider owned 169,403 shares in the company, valued at approximately $32,313,622.25. This trade represents a 6.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 77,476 shares of company stock valued at $14,644,762. Company insiders own 0.17% of the company’s stock.
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.
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