Morgan Stanley (NYSE:MS) Shares Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. increased its position in shares of Morgan Stanley (NYSE:MS) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,101 shares of the financial services provider’s stock after acquiring an additional 2,826 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Morgan Stanley were worth $6,430,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MS. POM Investment Strategies LLC lifted its holdings in shares of Morgan Stanley by 1,147.6% during the 2nd quarter. POM Investment Strategies LLC now owns 262 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 241 shares during the period. Northwest Investment Counselors LLC acquired a new position in Morgan Stanley during the third quarter worth approximately $26,000. Rakuten Securities Inc. raised its stake in Morgan Stanley by 138.1% during the third 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 position in shares of Morgan Stanley in the 3rd quarter valued at $36,000. Finally, Planning Capital Management Corp grew its stake in shares of Morgan Stanley by 115.1% during the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after buying an additional 191 shares during the period. 84.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MS. The Goldman Sachs Group lifted their target price on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Barclays boosted their target price on Morgan Stanley from $121.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 17th. Wells Fargo & Company upgraded shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $107.00 to $142.00 in a report on Friday, November 15th. Royal Bank of Canada boosted their price objective on shares of Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 17th. Finally, Jefferies Financial Group raised their target price on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Morgan Stanley presently has a consensus rating of “Hold” and an average price target of $121.80.

Insider Activity

In related news, Director Stephen J. Luczo sold 60,000 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the transaction, the director now directly owns 138,363 shares in the company, valued at $16,488,718.71. This trade represents a 30.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.24% of the company’s stock.

Morgan Stanley Price Performance

Shares of NYSE MS opened at $128.62 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a fifty-two week low of $81.96 and a fifty-two week high of $136.24. The business has a 50 day moving average price of $122.49 and a two-hundred day moving average price of $107.72. The firm has a market cap of $207.21 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 1.21 and a beta of 1.35.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.31. The business had revenue of $15.38 billion during the quarter, compared to the consensus estimate of $14.27 billion. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. Sell-side analysts expect that Morgan Stanley will post 7.32 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a $0.925 dividend. This represents a $3.70 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend was Thursday, October 31st. Morgan Stanley’s payout ratio is currently 56.32%.

Morgan Stanley Company 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.