Morgan Stanley (NYSE:MS) Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. boosted its holdings in Morgan Stanley (NYSE:MS) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,581 shares of the financial services provider’s stock after acquiring an additional 1,709 shares during the period. Koshinski Asset Management Inc.’s holdings in Morgan Stanley were worth $2,462,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Peoples Bank KS acquired a new stake in shares of Morgan Stanley during the fourth quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new position in shares of Morgan Stanley during the 3rd quarter worth approximately $26,000. Rakuten Securities Inc. boosted its position in shares of Morgan Stanley by 138.1% during the 3rd quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Capital Performance Advisors LLP acquired a new stake in Morgan Stanley in the 3rd quarter valued at approximately $36,000. Finally, Planning Capital Management Corp raised its position in Morgan Stanley by 115.1% in the third quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 191 shares during the period. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Evercore ISI lifted their price objective on Morgan Stanley from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday. Bank of America lifted their target price on Morgan Stanley from $146.00 to $153.00 and gave the company a “buy” rating in a research report on Friday. UBS Group increased their price target on shares of Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. The Goldman Sachs Group lifted their price objective on shares of Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Finally, Jefferies Financial Group increased their target price on shares of Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $129.40.

Morgan Stanley Price Performance

MS stock opened at $137.78 on Tuesday. The business has a 50 day moving average price of $129.05 and a 200 day moving average price of $113.77. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. The stock has a market cap of $221.97 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 0.97 and a beta of 1.36. Morgan Stanley has a fifty-two week low of $83.09 and a fifty-two week high of $138.08.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.68. The business had revenue of $16.23 billion during the quarter, compared to the consensus estimate of $15.03 billion. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. The company’s revenue was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.13 EPS. Equities research analysts anticipate that Morgan Stanley will post 7.39 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.925 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $3.70 annualized dividend and a yield of 2.69%. Morgan Stanley’s dividend payout ratio is presently 56.32%.

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.