Coldstream Capital Management Inc. purchased a new position in shares of Morgan Stanley (NYSE:MS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,559 shares of the financial services provider’s stock, valued at approximately $268,000.

Several other hedge funds have also bought and sold shares of the business. Janus Henderson Group PLC increased its stake in shares of Morgan Stanley by 5,268.0% in the second quarter. Janus Henderson Group PLC now owns 9,590,843 shares of the financial services provider’s stock worth $427,365,000 after buying an additional 9,412,177 shares during the period. Lazard Asset Management LLC boosted its holdings in Morgan Stanley by 801.0% in the second quarter. Lazard Asset Management LLC now owns 5,321,327 shares of the financial services provider’s stock valued at $237,117,000 after acquiring an additional 4,730,704 shares in the last quarter. Epoch Investment Partners Inc. boosted its holdings in Morgan Stanley by 92.0% in the second quarter. Epoch Investment Partners Inc. now owns 9,653,836 shares of the financial services provider’s stock valued at $430,175,000 after acquiring an additional 4,625,783 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Morgan Stanley by 94.3% in the second quarter. Alliancebernstein L.P. now owns 7,091,745 shares of the financial services provider’s stock valued at $316,008,000 after acquiring an additional 3,442,450 shares in the last quarter. Finally, Standard Life Investments LTD boosted its holdings in Morgan Stanley by 837.7% in the second quarter. Standard Life Investments LTD now owns 3,570,298 shares of the financial services provider’s stock valued at $159,038,000 after acquiring an additional 3,189,560 shares in the last quarter. 85.60% of the stock is currently owned by hedge funds and other institutional investors.

In other Morgan Stanley news, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $50.00, for a total value of $1,250,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the business’s stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $50.07, for a total value 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 disclosure for this sale can be found here. In the last quarter, insiders sold 85,247 shares of company stock worth $4,284,364. 0.24% of the stock is currently owned by company insiders.

Shares of Morgan Stanley (NYSE MS) traded up $1.08 during trading on Wednesday, reaching $53.85. 8,151,900 shares of the company were exchanged, compared to its average volume of 9,361,044. The company has a market cap of $95,402.84, a PE ratio of 14.62, a price-to-earnings-growth ratio of 1.24 and a beta of 1.64. Morgan Stanley has a 52 week low of $40.06 and a 52 week high of $54.10. 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 (NYSE:MS) last announced its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.12. The company had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. Morgan Stanley’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 EPS. research analysts anticipate that Morgan Stanley will post 3.57 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date was Monday, October 30th. Morgan Stanley’s payout ratio is 27.70%.

Several research firms recently weighed in on MS. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Monday. Buckingham Research lifted their price target on shares of Morgan Stanley from $54.00 to $57.00 and gave the company a “buy” rating in a report on Wednesday, October 18th. Keefe, Bruyette & Woods upgraded shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $59.00 price target on the stock in a report on Tuesday. Oppenheimer reiterated a “hold” rating on shares of Morgan Stanley in a report on Tuesday, October 17th. Finally, BMO Capital Markets reiterated a “top pick” rating and issued a $69.00 price target on shares of Morgan Stanley in a report on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Morgan Stanley has a consensus rating of “Buy” and a consensus price target of $50.89.

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About Morgan Stanley

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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