NN Investment Partners Holdings N.V. Increases Stock Position in Morgan Stanley (NYSE:MS)

NN Investment Partners Holdings N.V. grew its stake in shares of Morgan Stanley (NYSE:MS) by 42.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 473,737 shares of the financial services provider’s stock after acquiring an additional 141,207 shares during the quarter. NN Investment Partners Holdings N.V.’s holdings in Morgan Stanley were worth $36,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its holdings in shares of Morgan Stanley by 12.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 98,409,202 shares of the financial services provider’s stock valued at $6,740,591,000 after acquiring an additional 10,552,671 shares during the last quarter. FMR LLC boosted its holdings in shares of Morgan Stanley by 104.8% during the 4th quarter. FMR LLC now owns 35,972,769 shares of the financial services provider’s stock valued at $2,465,213,000 after acquiring an additional 18,409,146 shares during the last quarter. Norges Bank purchased a new position in shares of Morgan Stanley in the fourth quarter worth approximately $1,296,799,000. Northern Trust Corp boosted its holdings in shares of Morgan Stanley by 11.4% in the fourth quarter. Northern Trust Corp now owns 17,475,078 shares of the financial services provider’s stock worth $1,197,567,000 after buying an additional 1,789,654 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Morgan Stanley by 2.9% in the fourth quarter. Bank of New York Mellon Corp now owns 14,109,006 shares of the financial services provider’s stock worth $966,890,000 after buying an additional 392,150 shares during the last quarter. 76.79% of the stock is currently owned by hedge funds and other institutional investors.

MS has been the topic of a number of research reports. Daiwa Capital Markets raised shares of Morgan Stanley from a “neutral” rating to an “outperform” rating and set a $86.00 price objective on the stock in a report on Monday, March 8th. Berenberg Bank raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $91.00 price objective on the stock in a report on Tuesday, April 27th. Royal Bank of Canada lifted their price target on shares of Morgan Stanley from $78.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, April 26th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Morgan Stanley from $68.00 to $79.00 and gave the company a “hold” rating in a report on Thursday, April 1st. Finally, Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating and set a $85.00 price target on the stock in a report on Monday, January 25th. Five research 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. Morgan Stanley has a consensus rating of “Buy” and an average target price of $74.15.

In other news, insider Daniel A. Simkowitz sold 73,162 shares of the business’s stock in a transaction on Monday, April 19th. The shares were sold at an average price of $80.06, for a total transaction of $5,857,349.72. Following the completion of the sale, the insider now directly owns 267,915 shares of the company’s stock, valued at $21,449,274.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.26% of the stock is owned by insiders.

NYSE MS traded down $0.67 on Tuesday, hitting $81.79. 429,608 shares of the stock were exchanged, compared to its average volume of 11,531,180. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a fifty day moving average price of $80.52 and a two-hundred day moving average price of $70.29. The firm has a market capitalization of $152.99 billion, a P/E ratio of 13.91, a P/E/G ratio of 2.17 and a beta of 1.59. Morgan Stanley has a 52-week low of $35.53 and a 52-week high of $86.64.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Thursday, April 15th. The financial services provider reported $2.19 EPS for the quarter, topping the consensus estimate of $1.72 by $0.47. The company had revenue of $15.72 billion during the quarter, compared to analyst estimates of $13.48 billion. Morgan Stanley had a net margin of 19.16% and a return on equity of 12.33%. Morgan Stanley’s quarterly revenue was up 65.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 earnings per share. Sell-side analysts expect that Morgan Stanley will post 5.93 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 14th. Shareholders of record on Friday, April 30th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 29th. Morgan Stanley’s payout ratio is 28.11%.

Morgan Stanley Company Profile

Morgan Stanley operates as a global financial services company. The firm provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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