Hsbc Holdings PLC Has $623.79 Million Holdings in Morgan Stanley $MS

Hsbc Holdings PLC raised its position in shares of Morgan Stanley (NYSE:MS) by 10.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,510,340 shares of the financial services provider’s stock after acquiring an additional 334,389 shares during the period. Hsbc Holdings PLC’s holdings in Morgan Stanley were worth $623,788,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Morgan Stanley by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 119,718,100 shares of the financial services provider’s stock valued at $21,253,554,000 after purchasing an additional 1,361,940 shares during the period. State Street Corp boosted its position in shares of Morgan Stanley by 0.5% in the fourth quarter. State Street Corp now owns 103,854,751 shares of the financial services provider’s stock valued at $18,437,334,000 after acquiring an additional 539,544 shares during the period. Capital International Investors grew its stake in shares of Morgan Stanley by 0.6% in the third quarter. Capital International Investors now owns 27,321,214 shares of the financial services provider’s stock valued at $4,343,523,000 after acquiring an additional 167,487 shares in the last quarter. Geode Capital Management LLC increased its position in Morgan Stanley by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 27,070,557 shares of the financial services provider’s stock worth $4,786,350,000 after acquiring an additional 534,708 shares during the period. Finally, Fisher Asset Management LLC raised its stake in Morgan Stanley by 2.1% in the 4th quarter. Fisher Asset Management LLC now owns 25,018,335 shares of the financial services provider’s stock worth $4,441,505,000 after purchasing an additional 524,189 shares in the last quarter. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley Price Performance

Shares of NYSE:MS opened at $223.69 on Friday. The firm has a 50 day moving average of $199.10 and a 200-day moving average of $182.78. The stock has a market capitalization of $352.82 billion, a PE ratio of 20.26, a PEG ratio of 1.70 and a beta of 1.23. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 3.52. Morgan Stanley has a 12 month low of $130.90 and a 12 month high of $230.47.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.02 by $0.41. The company had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $19.23 billion. Morgan Stanley had a net margin of 14.65% and a return on equity of 17.70%. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.60 EPS. On average, equities research analysts predict that Morgan Stanley will post 11.9 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a dividend of $1.00 per share. The ex-dividend date was Thursday, April 30th. This represents a $4.00 annualized dividend and a yield of 1.8%. Morgan Stanley’s dividend payout ratio is presently 36.23%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on MS shares. Keefe, Bruyette & Woods increased their target price on shares of Morgan Stanley from $210.00 to $218.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Barclays boosted their price target on Morgan Stanley from $219.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Zacks Research lowered Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Wells Fargo & Company lifted their price objective on Morgan Stanley from $189.00 to $200.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Finally, The Goldman Sachs Group upped their target price on Morgan Stanley from $186.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, April 16th. Twelve research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.35.

Insiders Place Their Bets

In other news, insider Daniel A. Simkowitz sold 14,690 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $189.24, for a total transaction of $2,779,935.60. Following the completion of the transaction, the insider owned 365,802 shares of the company’s stock, valued at approximately $69,224,370.48. The trade was a 3.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrew M. Saperstein sold 51,668 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $188.59, for a total value of $9,744,068.12. Following the transaction, the insider directly owned 282,142 shares of the company’s stock, valued at $53,209,159.78. This trade represents a 15.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 77,476 shares of company stock worth $14,644,762 over the last three months. Insiders own 0.17% of the company’s stock.

Morgan Stanley News Summary

Here are the key news stories impacting Morgan Stanley this week:

• Positive Sentiment: Morgan Stanley’s investment management arm, together with Ridgeback Group, agreed to acquire Metra Living, a UK private rental business, for about £1.045 billion. The deal expands MS into residential rental assets and highlights its ability to deploy capital into new fee-generating businesses. Morgan Stanley Buys Into UK Rentals With £1.045b Metra Living Deal
• Positive Sentiment: Investors are also reacting to Morgan Stanley’s strong recent operating results: the firm posted Q1 EPS of $3.43, topping estimates, and revenue of $20.58 billion, also ahead of expectations, with year-over-year revenue growth of 16%. That supports the view that fundamentals remain solid after the stock’s big run. Morgan Stanley stock performance and earnings background
• Positive Sentiment: News that Morgan Stanley is part of the bank group working on possible OpenAI and Anthropic IPOs adds another potential catalyst, since high-profile tech listings could boost advisory and capital markets fees if they move forward. OpenAI, Anthropic IPOs Spark Battle Between Goldman And Morgan Stanley
• Neutral Sentiment: Several commentary pieces also frame MS as a long-term momentum name and note that the stock has been trading near its highs, which may be attracting trend-following buyers rather than pointing to a single new catalyst. Why Morgan Stanley is a Top Momentum Stock for the Long-Term

Morgan Stanley Profile

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.