State of Alaska Department of Revenue lifted its holdings in shares of Morgan Stanley (NYSE:MS) by 482.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 126,307 shares of the financial services provider’s stock after buying an additional 104,606 shares during the period. State of Alaska Department of Revenue’s holdings in Morgan Stanley were worth $6,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. DSAM Partners London Ltd acquired a new stake in Morgan Stanley in the third quarter worth approximately $5,273,000. BB&T Corp lifted its position in Morgan Stanley by 9.7% in the third quarter. BB&T Corp now owns 171,122 shares of the financial services provider’s stock worth $8,243,000 after purchasing an additional 15,162 shares during the period. Stifel Financial Corp lifted its position in Morgan Stanley by 301.3% in the third quarter. Stifel Financial Corp now owns 577,918 shares of the financial services provider’s stock worth $27,842,000 after purchasing an additional 433,920 shares during the period. CAPROCK Group Inc. bought a new position in shares of Morgan Stanley in the third quarter valued at $220,000. Finally, Donaldson Capital Management LLC bought a new position in shares of Morgan Stanley in the third quarter valued at $1,343,000. Institutional investors and hedge funds own 85.49% of the company’s stock.

Shares of Morgan Stanley (NYSE:MS) opened at $57.46 on Friday. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74. Morgan Stanley has a one year low of $40.06 and a one year high of $57.50. The stock has a market cap of $103,881.88, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 0.95 and a beta of 1.65.

Morgan Stanley (NYSE:MS) last announced its earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The company had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same period in the previous year, the business earned $0.81 EPS. The company’s revenue was up 5.3% on a year-over-year basis. equities research analysts anticipate that Morgan Stanley will post 4.38 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Tuesday, January 30th. Morgan Stanley’s dividend payout ratio (DPR) is currently 32.36%.

In other Morgan Stanley news, Director Alistair Darling sold 3,850 shares of the business’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $49.29, for a total transaction of $189,766.50. Following the sale, the director now directly owns 14,218 shares of the company’s stock, valued at approximately $700,805.22. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 sale, the president now directly owns 692,037 shares in the company, valued at $35,010,151.83. The disclosure for this sale can be found here. Over the last three months, insiders have sold 68,850 shares of company stock worth $3,463,367. Company insiders own 0.35% of the company’s stock.

Several research analysts have issued reports on the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $60.00 price target on shares of Morgan Stanley in a report on Friday. UBS Group raised Morgan Stanley to an “overweight” rating in a report on Wednesday, January 10th. Atlantic Securities raised Morgan Stanley from a “neutral” rating to an “overweight” rating and set a $61.00 price target on the stock in a report on Wednesday, January 10th. Societe Generale cut Morgan Stanley from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, Vining Sparks reaffirmed a “buy” rating and issued a $60.00 price target on shares of Morgan Stanley in a report on Monday, January 8th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $53.74.

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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.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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