Annex Advisory Services LLC acquired a new stake in shares of Morgan Stanley (NYSE:MS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 19,773 shares of the financial services provider’s stock, valued at approximately $952,000.

Several other hedge funds and other institutional investors have also modified their holdings of MS. Smithfield Trust Co. boosted its holdings in Morgan Stanley by 1.2% during the second quarter. Smithfield Trust Co. now owns 3,690 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 42 shares during the last quarter. M Holdings Securities Inc. boosted its holdings in Morgan Stanley by 1.6% during the first quarter. M Holdings Securities Inc. now owns 5,145 shares of the financial services provider’s stock worth $220,000 after purchasing an additional 83 shares during the last quarter. Klingenstein Fields & Co. LLC boosted its holdings in Morgan Stanley by 0.4% during the second quarter. Klingenstein Fields & Co. LLC now owns 26,300 shares of the financial services provider’s stock worth $1,172,000 after purchasing an additional 100 shares during the last quarter. Catamount Wealth Management boosted its holdings in Morgan Stanley by 0.3% during the second quarter. Catamount Wealth Management now owns 32,477 shares of the financial services provider’s stock worth $1,447,000 after purchasing an additional 100 shares during the last quarter. Finally, HM Payson & Co. boosted its holdings in Morgan Stanley by 1.4% during the second quarter. HM Payson & Co. now owns 7,457 shares of the financial services provider’s stock worth $332,000 after purchasing an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 85.12% of the company’s stock.

Morgan Stanley (MS) traded up $0.12 during trading on Tuesday, reaching $50.14. 4,840,853 shares of the company were exchanged, compared to its average volume of 7,890,000. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.58. The company has a market cap of $89,660.00, a price-to-earnings ratio of 13.86, a PEG ratio of 1.15 and a beta of 1.66. Morgan Stanley has a twelve month low of $33.54 and a twelve month high of $51.52.

Morgan Stanley (NYSE:MS) last posted its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.12. The business had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.11%. Morgan Stanley’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 EPS. research analysts anticipate that Morgan Stanley will post 3.57 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Monday, October 30th. Morgan Stanley’s dividend payout ratio (DPR) is presently 27.62%.

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Several research firms recently weighed in on MS. Zacks Investment Research cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Citigroup Inc. restated a “neutral” rating and set a $50.00 price target (up from $46.00) on shares of Morgan Stanley in a report on Monday, October 9th. Credit Suisse Group upgraded shares of Morgan Stanley from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $49.00 to $54.00 in a report on Monday, October 9th. Barclays PLC boosted their price target on shares of Morgan Stanley from $48.00 to $52.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 18th. Finally, BMO Capital Markets restated a “top pick” rating and set a $69.00 price target on shares of Morgan Stanley in a report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $50.39.

In other news, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total value of $2,023,600.00. Following the transaction, the president now owns 692,037 shares of the company’s stock, valued at approximately $35,010,151.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $50.07, for a total transaction of $820,997.79. Following the completion of the transaction, the insider now directly owns 111,776 shares in the company, valued at approximately $5,596,624.32. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

Morgan Stanley Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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

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