Callan Capital LLC Has $277,000 Stock Holdings in Morgan Stanley (NYSE:MS)

Callan Capital LLC decreased its holdings in Morgan Stanley (NYSE:MS) by 31.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,200 shares of the financial services provider’s stock after selling 1,005 shares during the period. Callan Capital LLC’s holdings in Morgan Stanley were worth $277,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its position in shares of Morgan Stanley by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 25,240,729 shares of the financial services provider’s stock worth $2,621,140,000 after purchasing an additional 269,633 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Morgan Stanley by 2.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,404,981 shares of the financial services provider’s stock worth $2,335,495,000 after purchasing an additional 590,872 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Morgan Stanley by 4.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,454,177 shares of the financial services provider’s stock worth $881,263,000 after purchasing an additional 385,780 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Morgan Stanley by 75.2% during the 3rd quarter. Franklin Resources Inc. now owns 7,850,848 shares of the financial services provider’s stock worth $881,493,000 after purchasing an additional 3,369,520 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Morgan Stanley by 0.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,711,805 shares of the financial services provider’s stock worth $491,159,000 after purchasing an additional 36,120 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Stock Down 2.0 %

Shares of NYSE MS opened at $131.60 on Friday. The firm has a market capitalization of $212.02 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 1.18 and a beta of 1.37. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 1 year low of $84.43 and a 1 year high of $142.03. The firm’s 50-day moving average is $132.37 and its 200-day moving average is $119.96.

Morgan Stanley (NYSE:MS) last released 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. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The business had revenue of $16.23 billion for the quarter, compared to analyst estimates of $15.03 billion. During the same quarter last year, the firm earned $1.13 EPS. Morgan Stanley’s quarterly revenue was up 25.9% compared to the same quarter last year. Equities analysts expect that Morgan Stanley will post 8.56 EPS for the current year.

Morgan Stanley Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a yield of 2.81%. The ex-dividend date was Friday, January 31st. Morgan Stanley’s payout ratio is 46.60%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MS. Evercore ISI increased their target price on shares of Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. Citigroup increased their target price on shares of Morgan Stanley from $105.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Keefe, Bruyette & Woods increased their price objective on shares of Morgan Stanley from $138.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, January 17th. Hsbc Global Res lowered shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, January 13th. Eleven investment 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 stock presently has a consensus rating of “Hold” and an average target price of $131.27.

Insider Buying and Selling

In other Morgan Stanley news, CFO Raja Akram sold 17,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the sale, the chief financial officer now directly owns 81,440 shares in the company, valued at approximately $11,076,654.40. This trade represents a 17.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Eric F. Grossman sold 13,097 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total transaction of $1,783,811.40. Following the sale, the insider now owns 197,444 shares in the company, valued at $26,891,872.80. This trade represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.

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.