HM Payson & Co. Acquires 1,045 Shares of Morgan Stanley (NYSE:MS)

HM Payson & Co. raised its holdings in Morgan Stanley (NYSE:MS) by 25.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,126 shares of the financial services provider’s stock after acquiring an additional 1,045 shares during the period. HM Payson & Co.’s holdings in Morgan Stanley were worth $351,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley grew its holdings in shares of Morgan Stanley by 105.8% during the third quarter. Morgan Stanley now owns 58,405 shares of the financial services provider’s stock worth $2,825,000 after purchasing an additional 30,024 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Morgan Stanley during the third quarter worth about $602,000. Eudaimonia Partners LLC grew its holdings in shares of Morgan Stanley by 8.9% during the third quarter. Eudaimonia Partners LLC now owns 4,484 shares of the financial services provider’s stock worth $217,000 after purchasing an additional 366 shares during the last quarter. Lombard Odier Asset Management Switzerland SA bought a new stake in shares of Morgan Stanley during the third quarter worth about $798,000. Finally, Earnest Partners LLC grew its holdings in shares of Morgan Stanley by 14.3% during the third quarter. Earnest Partners LLC now owns 394,049 shares of the financial services provider’s stock worth $19,052,000 after purchasing an additional 49,276 shares during the last quarter. Hedge funds and other institutional investors own 76.79% of the company’s stock.

Shares of NYSE:MS opened at $79.04 on Thursday. The company has a market capitalization of $143.21 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 2.17 and a beta of 1.59. The company has a debt-to-equity ratio of 2.50, a current ratio of 0.76 and a quick ratio of 0.76. The business has a fifty day moving average price of $79.86 and a two-hundred day moving average price of $66.12. Morgan Stanley has a 1 year low of $35.53 and a 1 year high of $86.64.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Tuesday, January 19th. The financial services provider reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.63. The firm had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $11.53 billion. Morgan Stanley had a return on equity of 12.33% and a net margin of 19.16%. The business’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.20 EPS. Sell-side analysts anticipate that Morgan Stanley will post 5.93 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 12th. Investors of record on Friday, January 29th were issued a dividend of $0.35 per share. The ex-dividend date was Thursday, January 28th. This represents a $1.40 dividend on an annualized basis and a yield of 1.77%. Morgan Stanley’s dividend payout ratio (DPR) is 28.11%.

MS has been the topic of several recent analyst reports. Credit Suisse Group boosted their price target on Morgan Stanley from $74.00 to $84.00 and gave the company an “outperform” rating in a research note on Monday, January 25th. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “strong-buy” rating and set a $85.00 target price on the stock in a research report on Monday, January 25th. Barclays upped their target price on Morgan Stanley from $95.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday. Daiwa Capital Markets raised Morgan Stanley from a “neutral” rating to an “outperform” rating and set a $86.00 target price on the stock in a research report on Monday, March 8th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Morgan Stanley from $68.00 to $79.00 and gave the stock a “hold” rating in a research report on Thursday, April 1st. Seven analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Morgan Stanley currently has a consensus rating of “Buy” and an average price target of $69.38.

In other news, insider Jeffrey S. Brodsky sold 18,500 shares of the stock in a transaction dated Thursday, January 21st. The stock was sold at an average price of $74.57, for a total transaction of $1,379,545.00. Following the transaction, the insider now directly owns 174,603 shares in the company, valued at approximately $13,020,145.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James P. Gorman sold 175,000 shares of the stock in a transaction dated Friday, January 22nd. The shares were sold at an average price of $73.12, for a total value of $12,796,000.00. Following the transaction, the chief executive officer now owns 1,249,000 shares in the company, valued at $91,326,880. The disclosure for this sale can be found here. Insiders have sold a total of 212,380 shares of company stock worth $15,582,671 in the last three months. 0.26% of the stock is currently owned by insiders.

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. The company operates through 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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