FDx Advisors Inc. Has $273,000 Stock Holdings in Morgan Stanley (NYSE:MS)

FDx Advisors Inc. decreased its stake in Morgan Stanley (NYSE:MS) by 59.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,895 shares of the financial services provider’s stock after selling 4,169 shares during the quarter. FDx Advisors Inc.’s holdings in Morgan Stanley were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of MS. CGC Financial Services LLC grew its holdings in shares of Morgan Stanley by 5,200.0% during 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. University of Texas Texas AM Investment Managment Co. acquired a new position in Morgan Stanley in the fourth quarter worth approximately $25,000. First United Bank & Trust bought a new position in Morgan Stanley during the fourth quarter valued at approximately $34,000. VisionPoint Advisory Group LLC lifted its stake in Morgan Stanley by 123.2% in the third 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 during the last quarter. Finally, Union Savings Bank grew its position in Morgan Stanley by 62.5% in the fourth quarter. Union Savings Bank now owns 390 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Morgan Stanley Stock Performance

NYSE:MS opened at $104.64 on Friday. The firm has a 50 day moving average of $98.17 and a 200-day moving average of $92.40. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.97. The stock has a market capitalization of $170.06 billion, a P/E ratio of 19.06, a price-to-earnings-growth ratio of 1.26 and a beta of 1.38. Morgan Stanley has a 1 year low of $69.42 and a 1 year high of $105.29.

Morgan Stanley (NYSE:MS) last issued 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 return on equity of 10.88% and a net margin of 9.57%. The business had revenue of $15.14 billion for the quarter, compared to analyst estimates of $14.42 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Morgan Stanley will post 6.83 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were issued a $0.85 dividend. The ex-dividend date was Monday, April 29th. This represents a $3.40 annualized dividend and a dividend yield of 3.25%. Morgan Stanley’s dividend payout ratio (DPR) is currently 61.93%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. JMP Securities reiterated a “market perform” rating on shares of Morgan Stanley in a report on Thursday, April 18th. BMO Capital Markets boosted their target price on Morgan Stanley from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Oppenheimer increased their price target on Morgan Stanley from $101.00 to $105.00 and gave the company an “outperform” rating in a report on Tuesday, April 30th. Cfra boosted their price objective on shares of Morgan Stanley from $97.00 to $108.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $91.00 target price on shares of Morgan Stanley in a research note on Wednesday, March 27th. Twelve research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $99.07.

Insider Transactions at Morgan Stanley

In related news, insider Mandell Crawley sold 6,954 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The stock was 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Mandell Crawley sold 6,954 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at approximately $4,609,353.14. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Charles Aubrey Smith III sold 11,200 shares of Morgan Stanley stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $90.09, for a total transaction of $1,009,008.00. Following the completion of the transaction, the insider now directly owns 126,190 shares of the company’s stock, valued at approximately $11,368,457.10. The disclosure for this sale can be found here. Insiders have sold a total of 118,154 shares of company stock valued at $10,722,696 over the last 90 days. 0.24% of the stock is owned by company 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.