Morgan Stanley $MS Stock Sold by Telos Capital Management Inc.

Telos Capital Management Inc. cut its holdings in shares of Morgan Stanley (NYSE:MS) by 14.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,443 shares of the financial services provider’s stock after selling 18,064 shares during the period. Morgan Stanley makes up 1.8% of Telos Capital Management Inc.’s portfolio, making the stock its 12th biggest position. Telos Capital Management Inc.’s holdings in Morgan Stanley were worth $20,396,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Crown Wealth Group LLC lifted its stake in Morgan Stanley by 3.2% during the 2nd quarter. Crown Wealth Group LLC now owns 1,532 shares of the financial services provider’s stock valued at $320,000 after acquiring an additional 48 shares during the period. Hughes Financial Services LLC boosted its holdings in shares of Morgan Stanley by 55.7% during the 2nd quarter. Hughes Financial Services LLC now owns 137 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 49 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in shares of Morgan Stanley by 35.7% in the second quarter. Evolution Wealth Management Inc. now owns 194 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 51 shares during the period. Financial Management Professionals Inc. grew its stake in shares of Morgan Stanley by 0.6% in the second quarter. Financial Management Professionals Inc. now owns 8,245 shares of the financial services provider’s stock worth $1,724,000 after acquiring an additional 52 shares during the period. Finally, Bank OZK grew its stake in shares of Morgan Stanley by 3.0% in the second quarter. Bank OZK now owns 1,815 shares of the financial services provider’s stock worth $379,000 after acquiring an additional 53 shares during the period. 84.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MS. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $230.00 price objective (down from $250.00) on shares of Morgan Stanley in a report on Thursday, October 15th. Royal Bank Of Canada dropped their target price on shares of Morgan Stanley from $243.00 to $195.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. TD Cowen cut their target price on shares of Morgan Stanley from $210.00 to $205.00 and set a “hold” rating for the company in a research report on Thursday, October 15th. Zacks Research lowered shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 30th. Finally, Freedom Capital raised Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Morgan Stanley currently has an average rating of “Moderate Buy” and an average price target of $214.81.

Trending Headlines about Morgan Stanley

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

• Positive Sentiment: Morgan Stanley says it is among the first firms using DTCC’s new tokenization service, including to tokenize U.S. equities and Treasuries. This signals a push into emerging financial-market infrastructure, though the reports provide no details on scale or near-term revenue impact. Article
• Neutral Sentiment: Morgan Stanley led construction-sector M&A financial advisory in the first three quarters, advising on 23 deals valued at $114.5 billion. This highlights its advisory franchise, but does not establish how much revenue the transactions generated. Article
• Negative Sentiment: The immediate headwind is sector-wide risk aversion: Morgan Stanley fell alongside Goldman Sachs and Citigroup, with commentary pointing to concerns about a potential slowdown in trading and dealmaking. Article

Morgan Stanley Trading Down 6.0%

Morgan Stanley stock opened at $182.31 on Friday. The business has a 50-day simple moving average of $195.88 and a two-hundred day simple moving average of $194.31. The company has a market cap of $287.55 billion, a P/E ratio of 14.47, a P/E/G ratio of 1.30 and a beta of 1.23. Morgan Stanley has a 52-week low of $152.80 and a 52-week high of $232.25. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 3.65.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Wednesday, October 14th. The financial services provider reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.10. Morgan Stanley had a net margin of 15.63% and a return on equity of 19.40%. The firm had revenue of $20.34 billion for the quarter, compared to analysts’ expectations of $19.93 billion. During the same quarter in the prior year, the business earned $2.80 EPS. The business’s quarterly revenue was up 11.6% on a year-over-year basis. Analysts predict that Morgan Stanley will post 12.83 EPS for the current year.

Morgan Stanley Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, October 30th. Morgan Stanley’s dividend payout ratio is currently 36.51%.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a global financial services company that provides investment banking, securities, wealth management and investment management services to corporations, institutions, governments and individual investors. Founded in 1935, the company is headquartered in New York City and serves clients through operations across North America, Europe, Asia-Pacific and other international markets.

Through its Institutional Securities segment, Morgan Stanley offers investment banking, equity and fixed-income sales and trading, research, lending and related capital-markets services.