Chatham Capital Group Inc. Acquires 1,560 Shares of Morgan Stanley (NYSE:MS)

Chatham Capital Group Inc. raised its holdings in Morgan Stanley (NYSE:MSFree Report) by 13.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,481 shares of the financial services provider’s stock after purchasing an additional 1,560 shares during the period. Chatham Capital Group Inc.’s holdings in Morgan Stanley were worth $1,257,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MS. NBW Capital LLC increased its holdings in Morgan Stanley by 4.2% during the second quarter. NBW Capital LLC now owns 3,025 shares of the financial services provider’s stock worth $258,000 after buying an additional 123 shares during the last quarter. M&R Capital Management Inc. increased its stake in shares of Morgan Stanley by 6.7% in the fourth quarter. M&R Capital Management Inc. now owns 2,020 shares of the financial services provider’s stock worth $188,000 after purchasing an additional 126 shares in the last quarter. Summit Global Investments increased its stake in shares of Morgan Stanley by 5.0% in the third quarter. Summit Global Investments now owns 2,692 shares of the financial services provider’s stock worth $220,000 after purchasing an additional 129 shares in the last quarter. Platte River Wealth Advisors LLC increased its stake in shares of Morgan Stanley by 3.4% in the third quarter. Platte River Wealth Advisors LLC now owns 3,995 shares of the financial services provider’s stock worth $326,000 after purchasing an additional 132 shares in the last quarter. Finally, Corton Capital Inc. increased its stake in shares of Morgan Stanley by 2.0% in the third quarter. Corton Capital Inc. now owns 6,629 shares of the financial services provider’s stock worth $541,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley Price Performance

MS stock traded up $0.66 during midday trading on Friday, reaching $94.16. The company had a trading volume of 6,707,703 shares, compared to its average volume of 9,969,877. Morgan Stanley has a 1 year low of $69.42 and a 1 year high of $95.57. The company has a market capitalization of $153.98 billion, a P/E ratio of 18.21, a P/E/G ratio of 1.91 and a beta of 1.43. The firm has a 50-day moving average price of $87.69 and a 200-day moving average price of $84.30. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.75 and a quick ratio of 0.75.

Morgan Stanley (NYSE:MSGet Free Report) last announced its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.06. Morgan Stanley had a net margin of 9.49% and a return on equity of 10.36%. The company had revenue of $12.90 billion during the quarter, compared to analysts’ expectations of $12.77 billion. During the same quarter in the prior year, the company earned $1.31 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. On average, research analysts anticipate that Morgan Stanley will post 6.35 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were paid a $0.85 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.61%. Morgan Stanley’s dividend payout ratio (DPR) is 65.76%.

Insider Activity

In related news, CFO Raja Akram sold 4,500 shares of the company’s stock in a transaction 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 sale, the chief financial officer now directly owns 93,134 shares in the company, valued at approximately $8,140,842.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Morgan Stanley news, Chairman James P. Gorman sold 50,000 shares of the company’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $87.93, for a total value of $4,396,500.00. Following the completion of the transaction, the chairman now directly owns 400,000 shares in the company, valued at approximately $35,172,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Raja Akram sold 4,500 shares of the company’s stock in a transaction on Tuesday, January 30th. The stock was 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 208,155 shares of company stock valued at $18,149,314. Corporate insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MS shares. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $87.00 target price (down previously from $94.00) on shares of Morgan Stanley in a research note on Wednesday, January 17th. Oppenheimer reduced their target price on shares of Morgan Stanley from $109.00 to $97.00 and set an “outperform” rating for the company in a research note on Tuesday, March 19th. HSBC raised their price objective on shares of Morgan Stanley from $96.00 to $100.00 and gave the company a “hold” rating in a research report on Thursday. The Goldman Sachs Group boosted their price objective on shares of Morgan Stanley from $89.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, December 19th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $91.00 price objective (down previously from $102.00) on shares of Morgan Stanley in a research note on Wednesday, January 17th. Thirteen research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Morgan Stanley has a consensus rating of “Hold” and an average target price of $94.45.

Check Out Our Latest Research Report on Morgan Stanley

Morgan Stanley Company Profile

(Free Report)

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.

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

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