Czech National Bank Sells 933 Shares of Morgan Stanley (NYSE:MS)

Czech National Bank trimmed its position in shares of Morgan Stanley (NYSE:MSFree Report) by 0.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,453 shares of the financial services provider’s stock after selling 933 shares during the quarter. Czech National Bank’s holdings in Morgan Stanley were worth $20,758,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Paralel Advisors LLC grew its stake in Morgan Stanley by 1.1% in the 3rd quarter. Paralel Advisors LLC now owns 21,773 shares of the financial services provider’s stock valued at $1,778,000 after buying an additional 238 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Morgan Stanley by 26.9% during the third quarter. Envestnet Asset Management Inc. now owns 1,842,060 shares of the financial services provider’s stock worth $150,441,000 after buying an additional 390,406 shares during the period. Grantham Mayo Van Otterloo & Co. LLC acquired a new stake in shares of Morgan Stanley during the third quarter worth $3,252,000. Robertson Stephens Wealth Management LLC increased its position in shares of Morgan Stanley by 4.1% during the third quarter. Robertson Stephens Wealth Management LLC now owns 4,336 shares of the financial services provider’s stock worth $354,000 after buying an additional 169 shares during the period. Finally, Glenview Trust co grew its holdings in Morgan Stanley by 1.4% in the third quarter. Glenview Trust co now owns 59,517 shares of the financial services provider’s stock worth $4,861,000 after purchasing an additional 849 shares during the period. 84.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Jefferies Financial Group raised their price target on shares of Morgan Stanley from $107.00 to $109.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Evercore ISI lifted their price objective on shares of Morgan Stanley from $97.00 to $102.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. JMP Securities reiterated a “market perform” rating on shares of Morgan Stanley in a research note on Thursday, April 18th. TheStreet upgraded shares of Morgan Stanley from a “c+” rating to a “b” rating in a research note on Wednesday, March 6th. Finally, Bank of America boosted their price objective on shares of Morgan Stanley from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Twelve equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $98.30.

View Our Latest Stock Analysis on MS

Morgan Stanley Trading Down 0.1 %

Shares of MS traded down $0.11 during mid-day trading on Thursday, reaching $97.46. The company’s stock had a trading volume of 3,955,534 shares, compared to its average volume of 7,625,210. The stock has a market cap of $158.39 billion, a PE ratio of 17.75, a P/E/G ratio of 1.19 and a beta of 1.38. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.97. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $103.25. The company’s fifty day moving average price is $95.66 and its two-hundred day moving average price is $91.05.

Morgan Stanley (NYSE:MSGet Free Report) last announced its quarterly earnings results on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.33. The business had revenue of $15.14 billion during the quarter, compared to analysts’ expectations of $14.42 billion. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.88%. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.70 EPS. On average, analysts predict that Morgan Stanley will post 6.83 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were given a dividend of $0.85 per share. The ex-dividend date was Monday, April 29th. This represents a $3.40 annualized dividend and a yield of 3.49%. Morgan Stanley’s payout ratio is currently 61.93%.

Insider Transactions at Morgan Stanley

In other news, insider Mandell Crawley sold 6,954 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $99.61, for a total value of $692,687.94. Following the completion of the sale, the insider now directly owns 46,274 shares of the company’s stock, valued at approximately $4,609,353.14. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, insider Mandell Crawley sold 6,954 shares of the stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $99.61, for a total value of $692,687.94. Following the completion of the transaction, the insider now directly owns 46,274 shares in the company, valued at approximately $4,609,353.14. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman James P. Gorman sold 100,000 shares of the stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $90.21, for a total transaction of $9,021,000.00. Following the completion of the transaction, the chairman now owns 414,870 shares of the company’s stock, valued at $37,425,422.70. The disclosure for this sale can be found here. In the last ninety days, insiders sold 118,154 shares of company stock valued at $10,722,696. Company insiders own 0.24% of the company’s stock.

Morgan Stanley 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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