Lyell Wealth Management LP Buys 5,772 Shares of Morgan Stanley (NYSE:MS)

Lyell Wealth Management LP boosted its stake in shares of Morgan Stanley (NYSE:MSFree Report) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,114 shares of the financial services provider’s stock after purchasing an additional 5,772 shares during the quarter. Lyell Wealth Management LP’s holdings in Morgan Stanley were worth $7,377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CGC Financial Services LLC boosted its position in shares of Morgan Stanley by 5,200.0% in the fourth 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 during the period. Glass Jacobson Investment Advisors llc boosted its position in shares of Morgan Stanley by 77.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 143 shares during the period. Fortitude Family Office LLC bought a new stake in shares of Morgan Stanley in the fourth quarter valued at about $39,000. VisionPoint Advisory Group LLC boosted its position in shares of Morgan Stanley by 123.2% in the third quarter. VisionPoint Advisory Group LLC now owns 442 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 244 shares during the period. Finally, Front Row Advisors LLC lifted its position in Morgan Stanley by 220.6% during the third quarter. Front Row Advisors LLC now owns 452 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 311 shares during the period. 84.19% of the stock is owned by institutional investors.

Insider Transactions at Morgan Stanley

In other Morgan Stanley news, Chairman James P. Gorman sold 100,000 shares of Morgan Stanley stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $90.21, for a total transaction of $9,021,000.00. Following the completion of the transaction, the chairman now owns 414,870 shares of the company’s stock, valued at approximately $37,425,422.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CFO Raja Akram sold 4,500 shares of the stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $87.41, for a total value of $393,345.00. Following the sale, the chief financial officer now owns 93,134 shares in the company, valued at $8,140,842.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman James P. Gorman sold 100,000 shares of the stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $90.21, for a total value of $9,021,000.00. Following the completion of the sale, the chairman now owns 414,870 shares in the company, valued at approximately $37,425,422.70. The disclosure for this sale can be found here. Insiders sold 302,355 shares of company stock worth $26,753,102 over the last quarter. Corporate insiders own 0.24% of the company’s stock.

Morgan Stanley Stock Up 0.1 %

NYSE:MS traded up $0.10 during trading hours on Wednesday, hitting $93.86. 5,100,066 shares of the company traded hands, compared to its average volume of 8,804,559. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.89. The firm’s 50-day simple moving average is $89.41 and its 200-day simple moving average is $85.26. Morgan Stanley has a one year low of $69.42 and a one year high of $95.57. The company has a market cap of $152.68 billion, a PE ratio of 17.10, a PEG ratio of 1.75 and a beta of 1.43.

Morgan Stanley (NYSE:MSGet Free Report) last issued its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.33. Morgan Stanley had a return on equity of 10.87% and a net margin of 9.57%. The business had revenue of $15.14 billion for the quarter, compared to analysts’ expectations of $14.42 billion. During the same period last year, the business earned $1.70 EPS. The business’s revenue was up 4.3% on a year-over-year basis. Equities analysts predict that Morgan Stanley will post 6.77 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 3.62%. The ex-dividend date is Monday, April 29th. Morgan Stanley’s dividend payout ratio (DPR) is currently 61.93%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MS. Evercore ISI upped their price objective on shares of Morgan Stanley from $97.00 to $102.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Oppenheimer boosted their target price on Morgan Stanley from $97.00 to $101.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 17th. HSBC boosted their target price on Morgan Stanley from $100.00 to $102.00 and gave the stock a “hold” rating in a research note on Friday, April 19th. BMO Capital Markets boosted their target price on Morgan Stanley from $115.00 to $118.00 and gave the stock an “outperform” rating in a research note on Thursday, April 18th. Finally, Barclays boosted their target price on Morgan Stanley from $102.00 to $116.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Twelve equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Morgan Stanley has a consensus rating of “Hold” and a consensus target price of $98.07.

Check Out Our Latest Analysis on Morgan Stanley

Morgan Stanley Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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