Morgan Stanley (NYSE:MS) insider Daniel A. Simkowitz sold 60,119 shares of the business’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of $37.56, for a total transaction of $2,258,069.64. Following the transaction, the insider now owns 262,784 shares in the company, valued at $9,870,167.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Morgan Stanley (NYSE:MS) opened at 38.49 on Monday. The company has a market capitalization of $72.08 billion, a PE ratio of 15.47 and a beta of 1.87. The stock’s 50 day moving average is $33.01 and its 200 day moving average is $29.41. Morgan Stanley has a 1-year low of $21.16 and a 1-year high of $38.94.

Morgan Stanley (NYSE:MS) last announced its earnings results on Wednesday, October 19th. The financial services provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.63 by $0.17. The business earned $8.91 billion during 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%. Morgan Stanley’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 EPS. On average, equities research analysts anticipate 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Monday, October 31st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, October 27th. Morgan Stanley’s dividend payout ratio (DPR) is 32.00%.

Hedge funds have recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its stake in shares of Morgan Stanley by 6.4% in the third quarter. Parkside Financial Bank & Trust now owns 3,437 shares of the financial services provider’s stock valued at $110,000 after buying an additional 207 shares during the period. FineMark National Bank & Trust boosted its stake 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 valued at $113,000 after buying an additional 84 shares during the period. MCF Advisors LLC boosted its stake in shares of Morgan Stanley by 0.6% in the third quarter. MCF Advisors LLC now owns 4,176 shares of the financial services provider’s stock valued at $134,000 after buying an additional 26 shares during the period. First Manhattan Co. boosted its stake 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 valued at $137,000 after buying an additional 100 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of Morgan Stanley by 291.1% in the second quarter. Assetmark Inc. now owns 5,323 shares of the financial services provider’s stock valued at $138,000 after buying an additional 3,962 shares during the period. Institutional investors and hedge funds own 85.07% of the company’s stock.

MS has been the topic of several research analyst reports. Royal Bank Of Canada boosted 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. 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. UBS AG boosted their price target on shares of Morgan Stanley from $32.00 to $34.00 and gave the company a “buy” rating in a report on Thursday, July 21st. Finally, Nomura reiterated a “buy” rating and issued a $34.00 price objective on shares of Morgan Stanley in a report on Friday, July 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and fifteen have issued a buy rating to the company. Morgan Stanley currently has an average rating of “Hold” and an average target price of $32.59.

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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