Congress Park Capital LLC Has $418,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Congress Park Capital LLC trimmed its holdings in Morgan Stanley (NYSE:MS) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,325 shares of the financial services provider’s stock after selling 350 shares during the quarter. Congress Park Capital LLC’s holdings in Morgan Stanley were worth $418,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in MS. Peoples Bank KS acquired a new stake in shares of Morgan Stanley in the 4th quarter valued at $25,000. Northwest Investment Counselors LLC bought a new position in Morgan Stanley in the third quarter valued at about $26,000. Rakuten Securities Inc. increased its position in Morgan Stanley by 138.1% in the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Capital Performance Advisors LLP bought a new stake in Morgan Stanley during the 3rd quarter worth about $36,000. Finally, Planning Capital Management Corp lifted its position in Morgan Stanley by 115.1% during the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 191 shares during the period. Institutional investors own 84.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on MS shares. Barclays boosted their price target on shares of Morgan Stanley from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. Hsbc Global Res lowered Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Bank of America lifted their price objective on Morgan Stanley from $140.00 to $146.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods increased their target price on Morgan Stanley from $121.00 to $138.00 and gave the company a “market perform” rating in a research note on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. upped their price target on Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a research note on Monday. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Morgan Stanley currently has a consensus rating of “Hold” and a consensus price target of $126.07.

Morgan Stanley Trading Up 4.0 %

NYSE:MS opened at $135.80 on Friday. The company has a market cap of $218.77 billion, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 0.97 and a beta of 1.36. Morgan Stanley has a twelve month low of $83.09 and a twelve month high of $136.24. The business has a 50 day moving average price of $128.74 and a two-hundred day moving average price of $113.15. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, beating the consensus estimate of $1.57 by $0.31. The firm had revenue of $15.38 billion during the quarter, compared to analysts’ expectations of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. As a group, analysts expect that Morgan Stanley will post 7.39 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be issued a dividend of $0.925 per share. This represents a $3.70 dividend on an annualized basis and a yield of 2.72%. Morgan Stanley’s payout ratio is 56.32%.

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.