Coldstream Capital Management Inc. Acquires 6,054 Shares of Morgan Stanley $MS

Coldstream Capital Management Inc. raised its stake in shares of Morgan Stanley (NYSE:MS) by 9.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 68,546 shares of the financial services provider’s stock after purchasing an additional 6,054 shares during the period. Coldstream Capital Management Inc.’s holdings in Morgan Stanley were worth $9,655,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Morgan Stanley by 1.1% in the second quarter. Vanguard Group Inc. now owns 119,123,487 shares of the financial services provider’s stock worth $16,779,734,000 after acquiring an additional 1,354,142 shares during the period. Goldman Sachs Group Inc. raised its holdings in Morgan Stanley by 21.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,056,916 shares of the financial services provider’s stock worth $1,990,030,000 after purchasing an additional 2,989,122 shares during the last quarter. Northern Trust Corp lifted its position in shares of Morgan Stanley by 3.0% in the 1st quarter. Northern Trust Corp now owns 13,807,153 shares of the financial services provider’s stock worth $1,610,881,000 after purchasing an additional 403,956 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Morgan Stanley by 1.7% in the 1st quarter. Ameriprise Financial Inc. now owns 13,063,819 shares of the financial services provider’s stock valued at $1,523,337,000 after purchasing an additional 219,729 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Morgan Stanley by 0.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,980,120 shares of the financial services provider’s stock valued at $1,546,659,000 after purchasing an additional 28,420 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. BMO Capital Markets assumed coverage on shares of Morgan Stanley in a report on Friday, October 3rd. They issued an “outperform” rating and a $180.00 target price on the stock. Zacks Research raised Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 21st. Barclays raised their target price on Morgan Stanley from $156.00 to $183.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Royal Bank Of Canada boosted their price target on Morgan Stanley from $145.00 to $171.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 1st. Finally, The Goldman Sachs Group raised their price objective on shares of Morgan Stanley from $145.00 to $164.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.23.

Insider Activity at Morgan Stanley

In related news, CEO Edward Pick sold 100,000 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $164.34, for a total value of $16,434,000.00. Following the sale, the chief executive officer owned 574,986 shares in the company, valued at $94,493,199.24. This represents a 14.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is currently owned by insiders.

Morgan Stanley Trading Up 0.0%

Shares of Morgan Stanley stock opened at $158.72 on Friday. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.78 and a current ratio of 0.78. Morgan Stanley has a 52 week low of $94.33 and a 52 week high of $171.77. The stock has a 50 day moving average price of $160.42 and a two-hundred day moving average price of $146.45. The stock has a market capitalization of $252.26 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 1.70 and a beta of 1.33.

Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, October 15th. The financial services provider reported $2.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.73. Morgan Stanley had a return on equity of 16.55% and a net margin of 13.85%.The company had revenue of $17.98 billion for the quarter, compared to analysts’ expectations of $16.42 billion. During the same period last year, the business earned $1.88 EPS. Morgan Stanley’s quarterly revenue was up 18.5% compared to the same quarter last year. As a group, equities analysts anticipate that Morgan Stanley will post 8.56 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 31st were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a $4.00 annualized dividend and a dividend yield of 2.5%. Morgan Stanley’s payout ratio is presently 41.03%.

Morgan Stanley Company Profile

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.