Delos Wealth Advisors LLC Has $38,000 Position in Morgan Stanley (NYSE:MS)

Delos Wealth Advisors LLC raised its stake in Morgan Stanley (NYSE:MS) by 13,333.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 403 shares of the financial services provider’s stock after buying an additional 400 shares during the period. Delos Wealth Advisors LLC’s holdings in Morgan Stanley were worth $38,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. CGC Financial Services LLC increased its position in Morgan Stanley by 5,200.0% during the 4th quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 260 shares during the period. Glass Jacobson Investment Advisors llc raised its stake in Morgan Stanley by 77.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock worth $27,000 after buying an additional 143 shares during the last quarter. VisionPoint Advisory Group LLC raised its stake in Morgan Stanley by 123.2% during the third quarter. VisionPoint Advisory Group LLC now owns 442 shares of the financial services provider’s stock worth $36,000 after buying an additional 244 shares during the last quarter. Front Row Advisors LLC boosted 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 valued at $37,000 after acquiring an additional 311 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in Morgan Stanley during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insiders Place Their Bets

In other news, Chairman James P. Gorman sold 100,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chairman now directly owns 414,870 shares of the company’s stock, valued at $37,425,422.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, insider Andrew M. Saperstein sold 26,655 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $87.19, for a total transaction of $2,324,049.45. Following the completion of the sale, the insider now owns 286,835 shares in the company, valued at approximately $25,009,143.65. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman James P. Gorman sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $90.21, for a total value of $9,021,000.00. Following the completion of the transaction, 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 have sold a total of 237,855 shares of company stock valued at $21,084,057 in the last 90 days. 0.24% of the stock is currently owned by corporate insiders.

Morgan Stanley Stock Up 2.6 %

Shares of NYSE:MS traded up $2.49 during mid-day trading on Thursday, hitting $98.13. 6,765,584 shares of the company traded hands, compared to its average volume of 8,393,073. The stock has a market cap of $159.62 billion, a P/E ratio of 17.87, a P/E/G ratio of 1.76 and a beta of 1.41. The stock has a 50-day moving average price of $90.88 and a two-hundred day moving average price of $86.36. Morgan Stanley has a 12-month low of $69.42 and a 12-month high of $98.26. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.89.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.33. The firm had revenue of $15.14 billion for the quarter, compared to the consensus estimate of $14.42 billion. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.87%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.70 EPS. On average, equities research analysts forecast that Morgan Stanley will post 6.84 earnings per share for the current year.

Morgan Stanley Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a $0.85 dividend. The ex-dividend date is Monday, April 29th. This represents a $3.40 annualized dividend and a yield of 3.46%. Morgan Stanley’s dividend payout ratio (DPR) is 61.93%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MS shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $91.00 price objective on shares of Morgan Stanley in a research note on Wednesday, March 27th. TheStreet upgraded shares of Morgan Stanley from a “c+” rating to a “b” rating in a research report on Wednesday, March 6th. JMP Securities restated a “market perform” rating on shares of Morgan Stanley in a report on Thursday, April 18th. Bank of America lifted their price target on shares of Morgan Stanley from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Finally, Evercore ISI increased 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. Twelve equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $98.30.

Morgan Stanley Company Profile

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.