Morgan Stanley (NYSE:MS) CFO Jonathan Pruzan sold 44,625 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The stock was sold at an average price of $33.90, for a total transaction of $1,512,787.50. Following the sale, the chief financial officer now directly owns 210,814 shares of the company’s stock, valued at approximately $7,146,594.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Morgan Stanley (NYSE:MS) traded up 4.74% during midday trading on Thursday, reaching $38.25. 4,047,176 shares of the company’s stock traded hands. The company has a 50 day moving average of $32.67 and a 200 day moving average of $29.27. Morgan Stanley has a 52-week low of $21.16 and a 52-week high of $38.29. The firm has a market cap of $71.64 billion, a PE ratio of 15.37 and a beta of 1.87.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, October 19th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.17. The firm had revenue of $8.91 billion for the quarter, compared to the consensus estimate of $8.17 billion. Morgan Stanley had a net margin of 14.44% and a return on equity of 7.57%. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 EPS. On average, equities analysts predict that Morgan Stanley will post $2.70 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Morgan Stanley (NYSE:MS)

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Monday, October 31st will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.19%. Morgan Stanley’s dividend payout ratio (DPR) is currently 32.00%.

MS has been the subject of several recent analyst reports. Berenberg Bank initiated coverage on shares of Morgan Stanley in a report on Wednesday, July 13th. They set a “hold” rating and a $29.00 price objective for the company. Vetr raised shares of Morgan Stanley from a “sell” rating to a “hold” rating and set a $26.38 price target for the company in a report on Wednesday, July 13th. Royal Bank Of Canada raised their price target on shares of Morgan Stanley from $27.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, July 21st. RBC Capital Markets set a $32.00 price target on shares of Morgan Stanley and gave the company a “buy” rating in a report on Thursday, July 21st. Finally, BMO Capital Markets set a $46.00 price target on shares of Morgan Stanley and gave the company a “buy” rating in a report on Wednesday, July 20th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $32.59.

Hedge funds and other institutional investors have recently modified their holdings of the company. FineMark National Bank & Trust increased its position in shares of Morgan Stanley by 2.0% in the second quarter. FineMark National Bank & Trust now owns 4,332 shares of the financial services provider’s stock worth $113,000 after buying an additional 84 shares during the period. First Manhattan Co. increased its position in shares of Morgan Stanley by 2.4% in the third quarter. First Manhattan Co. now owns 4,294 shares of the financial services provider’s stock worth $137,000 after buying an additional 100 shares during the period. Buckingham Capital Management Inc. increased its position in shares of Morgan Stanley by 0.4% in the first quarter. Buckingham Capital Management Inc. now owns 35,092 shares of the financial services provider’s stock worth $878,000 after buying an additional 138 shares during the period. Savant Capital LLC increased its position in shares of Morgan Stanley by 1.4% in the third quarter. Savant Capital LLC now owns 10,526 shares of the financial services provider’s stock worth $337,000 after buying an additional 150 shares during the period. Finally, Rathbone Brothers plc increased its position in shares of Morgan Stanley by 0.3% in the second quarter. Rathbone Brothers plc now owns 63,268 shares of the financial services provider’s stock worth $1,644,000 after buying an additional 160 shares during the period. Hedge funds and other institutional investors own 85.33% of the company’s stock.

Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. Its segments include Institutional Securities, Wealth Management and Investment Management.

5 Day Chart for NYSE:MS

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