Teacher Retirement System of Texas trimmed its stake in shares of Morgan Stanley (NYSE:MS) by 34.8% in the 4th quarter, Holdings Channel reports. The firm owned 811,275 shares of the financial services provider’s stock after selling 432,747 shares during the quarter. Teacher Retirement System of Texas’ holdings in Morgan Stanley were worth $42,568,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MS. AE Wealth Management LLC purchased a new stake in Morgan Stanley in the 4th quarter worth about $221,000. Price Capital Management Inc. purchased a new stake in Morgan Stanley in the 4th quarter worth about $1,542,000. ING Groep NV lifted its stake in Morgan Stanley by 116.1% in the 4th quarter. ING Groep NV now owns 176,919 shares of the financial services provider’s stock worth $9,283,000 after acquiring an additional 95,034 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in Morgan Stanley by 0.8% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 212,756 shares of the financial services provider’s stock worth $11,134,000 after acquiring an additional 1,615 shares in the last quarter. Finally, Allegis Investment Advisors LLC purchased a new stake in Morgan Stanley in the 4th quarter worth about $206,000. 86.63% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley (MS) opened at $54.70 on Thursday. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. Morgan Stanley has a 52-week low of $40.06 and a 52-week high of $58.05. The firm has a market capitalization of $98,620.00, a PE ratio of 17.70, a price-to-earnings-growth ratio of 0.94 and a beta of 1.54.

Morgan Stanley (NYSE:MS) last issued its earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. The company had revenue of $9.50 billion for the quarter, compared to analyst estimates of $9.25 billion. Morgan Stanley had a return on equity of 10.03% and a net margin of 14.10%. The business’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 EPS. sell-side analysts anticipate that Morgan Stanley will post 4.51 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Tuesday, January 30th. Morgan Stanley’s dividend payout ratio is 32.36%.

Several equities research analysts recently issued reports on MS shares. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $63.00 price objective on shares of Morgan Stanley in a research note on Friday, December 22nd. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research note on Monday, December 11th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Morgan Stanley in a research note on Monday, November 20th. Buckingham Research increased their price objective on Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Finally, Credit Suisse Group raised Morgan Stanley to a “buy” rating and set a $58.00 price objective for the company in a research note on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $54.07.

In other news, Director Alistair Darling sold 3,850 shares of the stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the transaction, the director now owns 14,218 shares of the company’s stock, valued at approximately $700,805.22. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Keishi Hotsuki sold 25,000 shares of the stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The disclosure for this sale can be found here. Corporate insiders own 0.35% of the company’s stock.

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Morgan Stanley Profile

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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