Knights of Columbus Asset Advisors LLC lowered its position in Morgan Stanley (NYSE:MS) by 8.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,800 shares of the financial services provider’s stock after selling 6,400 shares during the period. Morgan Stanley accounts for 2.3% of Knights of Columbus Asset Advisors LLC’s portfolio, making the stock its 6th largest holding. Knights of Columbus Asset Advisors LLC’s holdings in Morgan Stanley were worth $3,459,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MS. DSAM Partners London Ltd acquired a new stake in shares of Morgan Stanley in the third quarter valued at approximately $5,273,000. Davidson & Garrard Inc. increased its holdings in shares of Morgan Stanley by 2.2% in the second quarter. Davidson & Garrard Inc. now owns 5,525 shares of the financial services provider’s stock valued at $246,000 after purchasing an additional 120 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in shares of Morgan Stanley in the second quarter valued at approximately $1,412,000. BB&T Corp increased its holdings in shares of Morgan Stanley by 9.7% in the third quarter. BB&T Corp now owns 171,122 shares of the financial services provider’s stock valued at $8,243,000 after purchasing an additional 15,162 shares in the last quarter. Finally, CAPROCK Group Inc. acquired a new stake in shares of Morgan Stanley in the third quarter valued at approximately $220,000. Institutional investors own 85.67% of the company’s stock.

In other news, insider Jeffrey S. Brodsky sold 16,397 shares of the business’s stock in a transaction on Wednesday, October 18th. The shares were 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 owns 111,776 shares of the company’s stock, valued at approximately $5,596,624.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Thomas Colm Kelleher sold 40,000 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the completion of the transaction, the president now directly owns 692,037 shares of the company’s stock, valued at approximately $35,010,151.83. The disclosure for this sale can be found here. 0.35% of the stock is owned by insiders.

MS has been the subject of a number of research reports. Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a report on Monday, September 11th. ValuEngine lowered shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. J P Morgan Chase & Co set a $53.00 price target on shares of Morgan Stanley and gave the company a “buy” rating in a report on Friday, September 15th. raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a report on Friday, September 15th. Finally, Buckingham Research lifted their target price on shares of Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. Morgan Stanley presently has a consensus rating of “Buy” and an average target price of $50.39.

Shares of Morgan Stanley (NYSE:MS) traded down $0.03 during mid-day trading on Friday, hitting $49.06. 2,692,946 shares of the stock traded hands, compared to its average volume of 6,579,222. Morgan Stanley has a one year low of $40.06 and a one year high of $51.52. The firm has a market cap of $88,749.77, a price-to-earnings ratio of 13.60, a price-to-earnings-growth ratio of 1.13 and a beta of 1.66. The company has a quick ratio of 0.74, a current 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, beating the consensus estimate of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The company had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.05 billion. During the same quarter in the previous year, the business earned $0.80 EPS. The firm’s revenue was up 3.2% on a year-over-year basis. sell-side analysts predict that Morgan Stanley will post 3.57 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Monday, October 30th. Morgan Stanley’s dividend payout ratio (DPR) is 27.70%.

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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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