Tokio Marine Asset Management Co. Ltd. Has $2.60 Million Position in Morgan Stanley (NYSE:MS)

Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Morgan Stanley (NYSE:MS) by 4.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 27,923 shares of the financial services provider’s stock after acquiring an additional 1,299 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Morgan Stanley were worth $2,604,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. CGC Financial Services LLC lifted its position in Morgan Stanley by 5,200.0% in the 4th quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 260 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its position in Morgan Stanley by 77.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 328 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 143 shares in the last quarter. VisionPoint Advisory Group LLC lifted its position in Morgan Stanley by 123.2% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 442 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 244 shares in the last quarter. Front Row Advisors LLC lifted its position in Morgan Stanley by 220.6% in the 3rd quarter. Front Row Advisors LLC now owns 452 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 311 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new position in shares of Morgan Stanley during the 4th quarter worth approximately $39,000. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Morgan Stanley news, CFO Raja Akram sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $87.41, for a total transaction of $393,345.00. Following the completion of the transaction, the chief financial officer now owns 93,134 shares of the company’s stock, valued at $8,140,842.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Andrew M. Saperstein sold 26,655 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $87.19, for a total transaction of $2,324,049.45. Following the completion of the sale, the insider now owns 286,835 shares of the company’s stock, valued at $25,009,143.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Raja Akram sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $87.41, for a total transaction of $393,345.00. Following the sale, the chief financial officer now directly owns 93,134 shares of the company’s stock, valued at approximately $8,140,842.94. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 252,355 shares of company stock worth $22,356,602. 0.24% of the stock is currently owned by company insiders.

Morgan Stanley Trading Down 1.5 %

Shares of NYSE:MS traded down $1.44 during midday trading on Thursday, hitting $92.41. 2,844,077 shares of the stock traded hands, compared to its average volume of 8,728,678. The stock has a market capitalization of $150.32 billion, a PE ratio of 16.80, a P/E/G ratio of 1.78 and a beta of 1.43. The business’s 50 day moving average is $89.41 and its two-hundred day moving average is $85.26. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.89. Morgan Stanley has a one year low of $69.42 and a one year high of $95.57.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.33. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.87%. The company had revenue of $15.14 billion for the quarter, compared to analysts’ expectations of $14.42 billion. During the same quarter in the previous year, the company earned $1.70 earnings per share. Morgan Stanley’s quarterly revenue was up 4.3% on a year-over-year basis. As a group, research analysts forecast that Morgan Stanley will post 6.77 earnings per share for the current year.

Morgan Stanley Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Monday, April 29th. Morgan Stanley’s dividend payout ratio is currently 61.93%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MS shares. JMP Securities reaffirmed a “market perform” rating on shares of Morgan Stanley in a report on Thursday, April 18th. Oppenheimer boosted their price target on shares of Morgan Stanley from $97.00 to $101.00 and gave the company an “outperform” rating in a research report on Wednesday, April 17th. Jefferies Financial Group boosted their price target on shares of Morgan Stanley from $107.00 to $109.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Cfra boosted their price target on shares of Morgan Stanley from $97.00 to $108.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Finally, Bank of America boosted their price target on shares of Morgan Stanley from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Twelve equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $98.07.

About Morgan Stanley

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.