Morgan Stanley (MS) Shares Sold by Bronfman E.L. Rothschild L.P.

Bronfman E.L. Rothschild L.P. lessened its stake in shares of Morgan Stanley (NYSE:MS) by 10.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,633 shares of the financial services provider’s stock after selling 1,525 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Morgan Stanley were worth $657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. grew its position in Morgan Stanley by 1.0% in the second quarter. BlackRock Inc. now owns 102,137,658 shares of the financial services provider’s stock worth $4,551,254,000 after buying an additional 969,461 shares during the last quarter. Vanguard Group Inc. grew its position in Morgan Stanley by 1.4% in the second quarter. Vanguard Group Inc. now owns 93,483,287 shares of the financial services provider’s stock worth $4,165,615,000 after buying an additional 1,256,318 shares during the last quarter. Ameriprise Financial Inc. grew its position in Morgan Stanley by 3.2% in the second quarter. Ameriprise Financial Inc. now owns 20,973,434 shares of the financial services provider’s stock worth $934,569,000 after buying an additional 654,034 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Morgan Stanley by 24.5% in the second quarter. The Manufacturers Life Insurance Company now owns 12,326,657 shares of the financial services provider’s stock worth $549,275,000 after buying an additional 2,427,130 shares during the last quarter. Finally, TIAA CREF Investment Management LLC grew its position in Morgan Stanley by 2.4% in the second quarter. TIAA CREF Investment Management LLC now owns 10,578,335 shares of the financial services provider’s stock worth $471,371,000 after buying an additional 251,750 shares during the last quarter. Institutional investors and hedge funds own 85.67% of the company’s stock.

Morgan Stanley (NYSE MS) traded down $0.29 during midday trading on Thursday, reaching $49.09. 3,784,971 shares of the company’s stock traded hands, compared to its average volume of 9,437,754. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $51.52. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a market cap of $89,274.05, a PE ratio of 13.68, a price-to-earnings-growth ratio of 1.14 and a beta of 1.66.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.12. The firm had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.80 EPS. equities research analysts expect that Morgan Stanley will post 3.57 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Monday, October 30th. Morgan Stanley’s dividend payout ratio (DPR) is currently 27.70%.

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Several research firms have issued reports on MS. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Morgan Stanley in a research report on Tuesday, October 17th. set a $54.00 price target on shares of Morgan Stanley and gave the stock a “hold” rating in a research report on Friday, August 11th. Wells Fargo & Company began coverage on shares of Morgan Stanley in a research report on Wednesday, August 9th. They issued a “market perform” rating and a $48.00 price target on the stock. J P Morgan Chase & Co restated a “buy” rating on shares of Morgan Stanley in a research report on Monday. Finally, Berenberg Bank restated a “hold” rating and issued a $40.00 price target on shares of Morgan Stanley in a research report on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $50.39.

In other Morgan Stanley news, President Thomas Colm Kelleher sold 40,000 shares of Morgan Stanley stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the completion of the sale, the president now owns 692,037 shares of the company’s stock, valued at approximately $35,010,151.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey S. Brodsky sold 16,397 shares of Morgan Stanley stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total transaction of $820,997.79. Following the sale, the insider now directly owns 111,776 shares of the company’s stock, valued at approximately $5,596,624.32. The disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.

About Morgan Stanley

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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

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