Crestline Management LP bought a new position in Morgan Stanley (NYSE:MS) in the 4th quarter, HoldingsChannel reports. The fund bought 66,635 shares of the financial services provider’s stock, valued at approximately $3,496,000. Morgan Stanley comprises approximately 0.4% of Crestline Management LP’s holdings, making the stock its 23rd biggest position.
Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings in Morgan Stanley by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 14,948,683 shares of the financial services provider’s stock valued at $782,739,000 after buying an additional 206,318 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Morgan Stanley by 14.2% during the 4th quarter. Bank of New York Mellon Corp now owns 12,643,249 shares of the financial services provider’s stock valued at $663,392,000 after buying an additional 1,569,202 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Morgan Stanley by 2.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 12,276,170 shares of the financial services provider’s stock valued at $644,130,000 after buying an additional 299,060 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Morgan Stanley by 18.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 11,816,768 shares of the financial services provider’s stock valued at $569,213,000 after buying an additional 1,828,697 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its holdings in Morgan Stanley by 2.0% during the 3rd quarter. Epoch Investment Partners Inc. now owns 9,843,789 shares of the financial services provider’s stock valued at $474,175,000 after buying an additional 189,953 shares in the last quarter. 86.07% of the stock is owned by institutional investors.
In other news, CFO Jonathan Pruzan sold 52,204 shares of Morgan Stanley stock in a transaction on Friday, February 16th. The stock was sold at an average price of $55.35, for a total transaction of $2,889,491.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel A. Simkowitz sold 87,050 shares of Morgan Stanley stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $53.55, for a total value of $4,661,527.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 239,254 shares of company stock valued at $13,085,019. 0.24% of the stock is owned by corporate insiders.
Shares of Morgan Stanley (MS) traded down $0.13 on Wednesday, reaching $57.90. The company had a trading volume of 461,640 shares, compared to its average volume of 9,465,507. The company has a market capitalization of $103,980.00, a P/E ratio of 16.07, a PEG ratio of 1.02 and a beta of 1.49. Morgan Stanley has a 12 month low of $40.06 and a 12 month high of $59.38. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.77 and a current ratio of 0.77.
Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.07. The company had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.25 billion. Morgan Stanley had a return on equity of 10.07% and a net margin of 14.10%. Morgan Stanley’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the company earned $0.81 earnings per share. sell-side analysts anticipate that Morgan Stanley will post 4.51 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.73%. Morgan Stanley’s dividend payout ratio is presently 27.70%.
Morgan Stanley Profile
Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.
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