Long Run Wealth Advisors LLC Has $1.40 Million Stake in Morgan Stanley (NYSE:MS)

Long Run Wealth Advisors LLC decreased its holdings in Morgan Stanley (NYSE:MS) by 16.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,143 shares of the financial services provider’s stock after selling 2,136 shares during the quarter. Long Run Wealth Advisors LLC’s holdings in Morgan Stanley were worth $1,401,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. AMF Tjanstepension AB raised its position in shares of Morgan Stanley by 10.9% in the 3rd quarter. AMF Tjanstepension AB now owns 256,360 shares of the financial services provider’s stock valued at $26,755,000 after buying an additional 25,179 shares in the last quarter. Czech National Bank raised its position in shares of Morgan Stanley by 6.4% in the 3rd quarter. Czech National Bank now owns 253,773 shares of the financial services provider’s stock valued at $26,453,000 after buying an additional 15,311 shares in the last quarter. Miracle Mile Advisors LLC increased its position in Morgan Stanley by 5.3% during the 3rd quarter. Miracle Mile Advisors LLC now owns 7,812 shares of the financial services provider’s stock worth $814,000 after purchasing an additional 394 shares in the last quarter. Mather Group LLC. increased its position in Morgan Stanley by 2.0% during the 3rd quarter. Mather Group LLC. now owns 11,041 shares of the financial services provider’s stock worth $1,151,000 after purchasing an additional 218 shares in the last quarter. Finally, Axiom Advisory LLC acquired a new position in Morgan Stanley during the 3rd quarter worth approximately $213,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Buying and Selling at Morgan Stanley

In other news, insider Eric F. Grossman sold 13,097 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $136.20, for a total transaction of $1,783,811.40. Following the completion of the transaction, the insider now directly owns 197,444 shares in the company, valued at $26,891,872.80. This trade represents a 6.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Raja Akram sold 17,500 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the transaction, the chief financial officer now owns 81,440 shares in the company, valued at approximately $11,076,654.40. This trade represents a 17.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

MS has been the subject of a number of research analyst reports. Barclays upped their price objective on shares of Morgan Stanley from $155.00 to $156.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. UBS Group upped their price objective on shares of Morgan Stanley from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. Wells Fargo & Company raised shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $107.00 to $142.00 in a report on Friday, November 15th. JPMorgan Chase & Co. boosted their target price on shares of Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, January 13th. Finally, Citigroup boosted their target price on shares of Morgan Stanley from $105.00 to $135.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Morgan Stanley has an average rating of “Hold” and an average price target of $131.27.

Morgan Stanley Trading Up 1.6 %

MS opened at $138.97 on Thursday. Morgan Stanley has a 1-year low of $83.09 and a 1-year high of $141.48. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The company has a market cap of $223.89 billion, a P/E ratio of 17.50, a price-to-earnings-growth ratio of 1.22 and a beta of 1.37. The company has a fifty day moving average price of $130.16 and a two-hundred day moving average price of $116.67.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.68. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The firm had revenue of $16.23 billion during the quarter, compared to the consensus estimate of $15.03 billion. During the same period in the previous year, the firm posted $1.13 earnings per share. The business’s revenue was up 25.9% compared to the same quarter last year. Analysts predict that Morgan Stanley will post 8.52 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.925 dividend. This represents a $3.70 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Friday, January 31st. Morgan Stanley’s dividend payout ratio (DPR) is currently 46.60%.

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.