Global Retirement Partners LLC Has $1.47 Million Holdings in Morgan Stanley (NYSE:MS)

Global Retirement Partners LLC increased its position in shares of Morgan Stanley (NYSE:MS) by 8.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,117 shares of the financial services provider’s stock after buying an additional 1,063 shares during the period. Global Retirement Partners LLC’s holdings in Morgan Stanley were worth $1,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Morgan Stanley during the second quarter worth about $25,000. POM Investment Strategies LLC increased its holdings in shares of Morgan Stanley by 1,147.6% during the 2nd quarter. POM Investment Strategies LLC now owns 262 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 241 shares during the last quarter. Bank & Trust Co bought a new stake in Morgan Stanley in the 2nd quarter valued at $26,000. Bbjs Financial Advisors LLC acquired a new stake in Morgan Stanley during the 2nd quarter valued at $29,000. Finally, Lynx Investment Advisory bought a new position in Morgan Stanley during the second quarter worth $30,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Buying and Selling

In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of the company’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $105.25, for a total value of $368,375.00. Following the sale, the insider now owns 43,224 shares in the company, valued at approximately $4,549,326. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, Director Stephen J. Luczo sold 60,000 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the completion of the sale, the director now directly owns 138,363 shares in the company, valued at $16,488,718.71. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mandell Crawley sold 3,500 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $105.25, for a total transaction of $368,375.00. Following the completion of the transaction, the insider now owns 43,224 shares in the company, valued at approximately $4,549,326. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

Morgan Stanley Stock Up 1.4 %

Shares of MS opened at $121.07 on Friday. The stock has a market capitalization of $196.76 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 1.17 and a beta of 1.36. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $121.45. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a fifty day moving average of $103.38 and a 200-day moving average of $99.29.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.17. Morgan Stanley had a return on equity of 11.85% and a net margin of 10.17%. The firm had revenue of $15.02 billion for the quarter, compared to analyst estimates of $14.32 billion. During the same period last year, the firm posted $1.24 earnings per share. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Morgan Stanley will post 6.95 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.925 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 3.06%. Morgan Stanley’s dividend payout ratio (DPR) is presently 67.40%.

Analyst Ratings Changes

MS has been the subject of a number of research reports. Hsbc Global Res upgraded shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 4th. The Goldman Sachs Group upped their target price on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a research report on Thursday. Citigroup lifted their price target on Morgan Stanley from $98.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, July 17th. JMP Securities reaffirmed a “market perform” rating on shares of Morgan Stanley in a report on Thursday, July 18th. Finally, HSBC raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $107.56.

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.