Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in Morgan Stanley (NYSE:MS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,860 shares of the financial services provider’s stock, valued at approximately $1,025,000.

A number of other hedge funds also recently modified their holdings of MS. Nalls Sherbakoff Group LLC acquired a new position in Morgan Stanley during the 4th quarter worth approximately $28,000. CWM LLC increased its position in Morgan Stanley by 72.6% during the 4th quarter. CWM LLC now owns 799 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 336 shares during the period. San Francisco Sentry Investment Group CA increased its position in Morgan Stanley by 63.7% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,002 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 390 shares during the period. Sandy Spring Bank acquired a new position in Morgan Stanley during the 4th quarter worth approximately $40,000. Finally, PRW Wealth Management LLC acquired a new stake in shares of Morgan Stanley in the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 84.97% of the company’s stock.

In related news, insider Jeffrey S. Brodsky sold 15,565 shares of the company’s stock in a transaction that occurred on Friday, January 18th. The stock was sold at an average price of $43.38, for a total value of $675,209.70. Following the sale, the insider now owns 112,420 shares of the company’s stock, valued at approximately $4,876,779.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Paul C. Wirth sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $42.40, for a total value of $1,060,000.00. Following the completion of the sale, the chief financial officer now directly owns 169,031 shares in the company, valued at approximately $7,166,914.40. The disclosure for this sale can be found here. 0.19% of the stock is currently owned by corporate insiders.

Shares of MS traded up $0.37 on Thursday, reaching $41.74. The stock had a trading volume of 224,951 shares, compared to its average volume of 11,924,213. The stock has a market cap of $71.56 billion, a P/E ratio of 9.06, a P/E/G ratio of 1.01 and a beta of 1.19. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.81 and a quick ratio of 0.81. Morgan Stanley has a twelve month low of $36.74 and a twelve month high of $55.64.

Morgan Stanley (NYSE:MS) last posted its earnings results on Thursday, January 17th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.17). Morgan Stanley had a net margin of 17.43% and a return on equity of 12.02%. The company had revenue of $8.55 billion during the quarter, compared to analysts’ expectations of $9.32 billion. During the same period in the previous year, the company posted $0.84 EPS. Morgan Stanley’s quarterly revenue was down 10.0% compared to the same quarter last year. Research analysts expect that Morgan Stanley will post 4.8 EPS for the current fiscal year.

A number of equities research analysts recently weighed in on MS shares. Citigroup upgraded Morgan Stanley from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $50.00 to $48.00 in a report on Wednesday, January 9th. Keefe, Bruyette & Woods cut Morgan Stanley from an “outperform” rating to a “hold” rating and set a $45.00 price target on the stock. in a report on Tuesday, December 11th. BMO Capital Markets lowered their price target on Morgan Stanley to $65.00 and set an “outperform” rating on the stock in a report on Friday, January 18th. Societe Generale cut Morgan Stanley from a “hold” rating to a “sell” rating in a report on Friday, February 1st. Finally, Credit Suisse Group lowered their price target on Morgan Stanley from $62.00 to $58.00 and set an “outperform” rating on the stock in a report on Friday, December 7th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $56.19.

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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. 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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