4,087 Shares in Morgan Stanley (NYSE:MS) Bought by Goldstream Capital Management Ltd

Goldstream Capital Management Ltd purchased a new stake in shares of Morgan Stanley (NYSE:MS) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,087 shares of the financial services provider’s stock, valued at approximately $426,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in MS. Principal Financial Group Inc. increased its holdings in Morgan Stanley by 0.8% in the third quarter. Principal Financial Group Inc. now owns 4,711,805 shares of the financial services provider’s stock valued at $491,159,000 after purchasing an additional 36,120 shares during the period. Resonant Capital Advisors LLC lifted its stake in shares of Morgan Stanley by 17.8% in the 2nd quarter. Resonant Capital Advisors LLC now owns 5,768 shares of the financial services provider’s stock valued at $561,000 after purchasing an additional 871 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Morgan Stanley by 1.4% during the 3rd quarter. Natixis Advisors LLC now owns 1,152,937 shares of the financial services provider’s stock worth $120,182,000 after buying an additional 16,350 shares in the last quarter. German American Bancorp Inc. boosted its stake in Morgan Stanley by 8.0% during the third quarter. German American Bancorp Inc. now owns 77,420 shares of the financial services provider’s stock worth $8,070,000 after acquiring an additional 5,738 shares in the last quarter. Finally, Catalytic Wealth RIA LLC acquired a new stake in shares of Morgan Stanley in the 3rd quarter valued at about $579,000. 84.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Citigroup raised their price objective on Morgan Stanley from $105.00 to $135.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. UBS Group upped their target price on shares of Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th. HSBC lowered Morgan Stanley from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $128.00 to $131.00 in a report on Tuesday, November 26th. Barclays upped their price target on Morgan Stanley from $121.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 17th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Morgan Stanley from $121.00 to $138.00 and gave the stock a “market perform” rating in a report on Tuesday. 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 has a consensus rating of “Hold” and an average price target of $121.80.

Morgan Stanley Price Performance

MS opened at $129.90 on Friday. 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 stock has a market capitalization of $209.27 billion, a P/E ratio of 19.77, a PEG ratio of 1.21 and a beta of 1.35. The stock has a 50-day moving average price of $121.49 and a 200-day moving average price of $107.21. Morgan Stanley has a 12-month low of $79.62 and a 12-month high of $136.24.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 EPS for the quarter, topping the consensus estimate of $1.57 by $0.31. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. The firm had revenue of $15.38 billion for the quarter, compared to the consensus estimate of $14.27 billion. Equities analysts predict that Morgan Stanley will post 7.32 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.925 dividend. This represents a $3.70 annualized dividend and a yield of 2.85%. The ex-dividend date was Thursday, October 31st. Morgan Stanley’s dividend payout ratio (DPR) is currently 56.32%.

Insiders Place Their Bets

In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the completion of the transaction, the director now owns 138,363 shares of the company’s stock, valued at approximately $16,488,718.71. This trade represents a 30.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.24% of the company’s stock.

About Morgan Stanley

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.