Morgan Stanley (MS) Stake Lowered by Hilltop Holdings Inc.

Hilltop Holdings Inc. reduced its holdings in Morgan Stanley (NYSE:MS) by 21.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,488 shares of the financial services provider’s stock after selling 1,192 shares during the quarter. Hilltop Holdings Inc.’s holdings in Morgan Stanley were worth $209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MS. CSat Investment Advisory L.P. purchased a new position in Morgan Stanley in the 2nd quarter valued at approximately $102,000. Girard Partners LTD. purchased a new position in Morgan Stanley in the 3rd quarter valued at approximately $115,000. Harvest Fund Management Co. Ltd increased its stake in Morgan Stanley by 108.8% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 2,815 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 1,467 shares in the last quarter. Honkamp Krueger Financial Services Inc. purchased a new position in Morgan Stanley in the 3rd quarter valued at approximately $157,000. Finally, Focused Wealth Management Inc purchased a new position in Morgan Stanley in the 2nd quarter valued at approximately $167,000. 85.08% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on the company. Wells Fargo & Co raised Morgan Stanley from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $56.00 to $60.00 in a research note on Wednesday, October 24th. HSBC downgraded Morgan Stanley from a “buy” rating to a “hold” rating and set a $54.00 price objective for the company. in a research note on Tuesday, October 2nd. Keefe, Bruyette & Woods downgraded Morgan Stanley from an “outperform” rating to a “hold” rating and set a $45.00 price objective for the company. in a research note on Tuesday, December 11th. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research note on Monday, November 26th. Finally, UBS Group raised Morgan Stanley from a “market perform” rating to an “outperform” rating in a research note on Tuesday, October 16th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $57.29.

Morgan Stanley stock opened at $39.64 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.67. The firm has a market cap of $68.19 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 0.68 and a beta of 1.25. Morgan Stanley has a fifty-two week low of $39.53 and a fifty-two week high of $59.38.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Tuesday, October 16th. The financial services provider reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.16. The company had revenue of $9.87 billion during the quarter, compared to the consensus estimate of $9.55 billion. Morgan Stanley had a return on equity of 12.51% and a net margin of 15.93%. Morgan Stanley’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 earnings per share. On average, research analysts anticipate that Morgan Stanley will post 4.94 EPS for the current year.

In other Morgan Stanley news, major shareholder Stanley Morgan sold 327 shares of the firm’s stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $23,000.00, for a total transaction of $7,521,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.19% of the company’s stock.

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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. The company operates 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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