Athena Capital Advisors LLC acquired a new position in shares of Morgan Stanley (NYSE:MS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,145 shares of the financial services provider’s stock, valued at approximately $441,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MS. Parkside Financial Bank & Trust lifted its stake in shares of Morgan Stanley by 9.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,275 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 190 shares during the last quarter. Omnia Family Wealth LLC lifted its stake in shares of Morgan Stanley by 5.8% in the 2nd quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 134 shares during the last quarter. Invictus RG lifted its stake in shares of Morgan Stanley by 307.5% in the 3rd quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 1,762 shares during the last quarter. Rational Advisors LLC acquired a new position in shares of Morgan Stanley in the 3rd quarter valued at $116,000. Finally, WFG Advisors LP lifted its stake in shares of Morgan Stanley by 45.4% in the 2nd quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 840 shares during the last quarter. 85.60% of the stock is currently owned by institutional investors.

MS has been the topic of several recent analyst reports. ValuEngine lowered Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Friday, September 15th. Zacks Investment Research lowered Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. J P Morgan Chase & Co reiterated a “buy” rating on shares of Morgan Stanley in a report on Monday, November 20th. Finally, Citigroup reiterated a “neutral” rating and issued a $50.00 price objective (up previously from $46.00) on shares of Morgan Stanley in a report on Monday, October 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. Morgan Stanley currently has an average rating of “Buy” and an average target price of $50.39.

In other news, insider Jeffrey S. Brodsky sold 16,397 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $5,596,624.32. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Alistair Darling sold 3,850 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total value of $189,766.50. Following the transaction, the director now directly owns 14,218 shares of the company’s stock, valued at $700,805.22. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 85,247 shares of company stock worth $4,284,364. 0.24% of the stock is owned by company insiders.

Shares of Morgan Stanley (NYSE MS) traded up $0.73 during midday trading on Tuesday, reaching $52.68. The company’s stock had a trading volume of 10,640,100 shares, compared to its average volume of 9,407,317. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a 12 month low of $40.06 and a 12 month high of $53.37. The stock has a market cap of $93,920.36, a P/E ratio of 14.39, a price-to-earnings-growth ratio of 1.20 and a beta of 1.64.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.12. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The company had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.05 billion. During the same quarter in the prior year, the business earned $0.80 EPS. Morgan Stanley’s revenue was up 3.2% on a year-over-year basis. analysts anticipate that Morgan Stanley will post 3.57 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $1.00 annualized dividend and a yield of 1.90%. Morgan Stanley’s dividend payout ratio (DPR) is 27.70%.

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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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