Proequities Inc. bought a new position in shares of Morgan Stanley (NYSE:MS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,569 shares of the financial services provider’s stock, valued at approximately $352,000.

Several other institutional investors also recently modified their holdings of the company. Westbourne Investment Advisors Inc. lifted its holdings in Morgan Stanley by 28.3% in the third quarter. Westbourne Investment Advisors Inc. now owns 35,205 shares of the financial services provider’s stock valued at $1,639,000 after acquiring an additional 7,770 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Morgan Stanley in the second quarter valued at approximately $2,021,000. Cambridge Investment Research Advisors Inc. lifted its stake in Morgan Stanley by 23.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 56,813 shares of the financial services provider’s stock worth $2,693,000 after purchasing an additional 10,807 shares in the last quarter. Regentatlantic Capital LLC lifted its stake in Morgan Stanley by 8.8% during the third quarter. Regentatlantic Capital LLC now owns 154,738 shares of the financial services provider’s stock worth $7,206,000 after purchasing an additional 12,562 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its stake in Morgan Stanley by 12.0% during the third quarter. CENTRAL TRUST Co now owns 32,798 shares of the financial services provider’s stock worth $1,527,000 after purchasing an additional 3,507 shares in the last quarter. Institutional investors and hedge funds own 85.08% of the company’s stock.

A number of research analysts have commented on MS shares. Zacks Investment Research upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Tuesday, November 20th. Vining Sparks restated a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research note on Tuesday, October 16th. JPMorgan Chase & Co. restated a “buy” rating and set a $62.00 price target on shares of Morgan Stanley in a research note on Monday, September 10th. HSBC cut Morgan Stanley from a “buy” rating to a “hold” rating and set a $54.00 price target on the stock. in a research note on Tuesday, October 2nd. Finally, Wells Fargo & Co upgraded Morgan Stanley from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $56.00 to $60.00 in a research note on Wednesday, October 24th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company’s stock. Morgan Stanley currently has an average rating of “Buy” and a consensus price target of $58.41.

Morgan Stanley stock opened at $43.12 on Wednesday. Morgan Stanley has a twelve month low of $42.32 and a twelve month high of $59.38. The company has a debt-to-equity ratio of 2.67, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market cap of $76.36 billion, a PE ratio of 11.98, a P/E/G ratio of 0.78 and a beta of 1.25.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Tuesday, October 16th. The financial services provider reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.16. Morgan Stanley had a return on equity of 12.51% and a net margin of 15.93%. The business had revenue of $9.87 billion for the quarter, compared to analyst estimates of $9.55 billion. During the same quarter in the prior year, the company earned $0.93 earnings per share. The company’s revenue was up 7.3% on a year-over-year basis. Analysts predict that Morgan Stanley will post 4.94 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Wednesday, October 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend was Tuesday, October 30th. Morgan Stanley’s dividend payout ratio is currently 33.33%.

In other news, major shareholder Stanley Morgan sold 327 shares of the company’s stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $23,000.00, for a total transaction of $7,521,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.19% of the stock is currently owned by corporate insiders.

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Morgan Stanley 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 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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