Securian Asset Management Inc cut its holdings in Morgan Stanley (NYSE:MS) by 7.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,922 shares of the financial services provider’s stock after selling 8,546 shares during the period. Securian Asset Management Inc’s holdings in Morgan Stanley were worth $3,873,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MS. TFO TDC LLC bought a new position in shares of Morgan Stanley in the fourth quarter valued at approximately $25,000. Howard Wealth Management LLC bought a new position in shares of Morgan Stanley in the fourth quarter valued at approximately $31,000. Central Bank & Trust Co. grew its holdings in shares of Morgan Stanley by 163.4% in the first quarter. Central Bank & Trust Co. now owns 698 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 433 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of Morgan Stanley in the fourth quarter valued at approximately $32,000. Finally, Ropes Wealth Advisors LLC grew its holdings in shares of Morgan Stanley by 42.9% in the first quarter. Ropes Wealth Advisors LLC now owns 1,000 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 300 shares in the last quarter. 84.67% of the stock is owned by institutional investors.

In other news, insider Jeffrey S. Brodsky sold 18,174 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $40.57, for a total transaction of $737,319.18. Following the transaction, the insider now directly owns 141,863 shares of the company’s stock, valued at $5,755,381.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen J. Luczo acquired 50,000 shares of Morgan Stanley stock in a transaction dated Friday, February 21st. The shares were bought at an average cost of $49.68 per share, for a total transaction of $2,484,000.00. In the last three months, insiders purchased 119,000 shares of company stock worth $5,467,420. 0.26% of the stock is owned by insiders.

Several brokerages have weighed in on MS. UBS Group reduced their price objective on Morgan Stanley from $64.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. ValuEngine raised Morgan Stanley from a “strong sell” rating to a “sell” rating in a report on Friday, March 13th. Citigroup reduced their price objective on Morgan Stanley from $55.00 to $52.00 and set a “buy” rating for the company in a report on Monday, March 30th. Bank of America reduced their price objective on Morgan Stanley from $42.00 to $32.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Finally, Argus reduced their price objective on Morgan Stanley from $64.00 to $48.00 and set a “buy” rating for the company in a report on Friday, April 17th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $47.29.

Shares of MS stock opened at $37.29 on Friday. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.80 and a current ratio of 0.80. Morgan Stanley has a 52-week low of $27.20 and a 52-week high of $57.57. The company has a market capitalization of $58.76 billion, a PE ratio of 7.75, a price-to-earnings-growth ratio of 1.08 and a beta of 1.47. The business’s fifty day moving average is $37.70 and its 200 day moving average is $46.17.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.07 by ($0.06). Morgan Stanley had a return on equity of 10.62% and a net margin of 16.01%. The business had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.82 billion. During the same quarter last year, the business posted $1.33 EPS. The company’s quarterly revenue was down 7.8% on a year-over-year basis. On average, sell-side analysts forecast that Morgan Stanley will post 3.83 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a $0.35 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $1.40 dividend on an annualized basis and a yield of 3.75%. Morgan Stanley’s dividend payout ratio is presently 28.11%.

About Morgan Stanley

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates through Institutional Securities, Wealth Management, and Investment Management segments.

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

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