Schroder Investment Management Group reduced its stake in shares of Morgan Stanley (NYSE:MS) by 61.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,454,204 shares of the financial services provider’s stock after selling 2,322,962 shares during the quarter. Schroder Investment Management Group’s holdings in Morgan Stanley were worth $76,302,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of MS. Verition Fund Management LLC increased its position in Morgan Stanley by 16.8% during the 2nd quarter. Verition Fund Management LLC now owns 7,947 shares of the financial services provider’s stock valued at $354,000 after purchasing an additional 1,142 shares during the period. Eqis Capital Management Inc. increased its position in Morgan Stanley by 12.3% during the 3rd quarter. Eqis Capital Management Inc. now owns 11,112 shares of the financial services provider’s stock valued at $535,000 after purchasing an additional 1,218 shares during the period. Shell Asset Management Co. increased its position in Morgan Stanley by 104.7% during the 3rd quarter. Shell Asset Management Co. now owns 228,337 shares of the financial services provider’s stock valued at $7,894,000 after purchasing an additional 116,770 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Morgan Stanley by 1.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 350,539 shares of the financial services provider’s stock valued at $16,885,000 after purchasing an additional 3,862 shares during the period. Finally, Honkamp Krueger Financial Services Inc. purchased a new position in Morgan Stanley during the 3rd quarter valued at $222,000. 86.32% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director Alistair Darling sold 3,850 shares of the stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $49.29, for a total transaction of $189,766.50. Following the sale, the director now directly owns 14,218 shares of the company’s stock, valued at approximately $700,805.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Keishi Hotsuki sold 25,000 shares of the stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 268,104 shares of company stock worth $14,524,785 over the last three months. 0.24% of the stock is currently owned by insiders.
Shares of Morgan Stanley (NYSE MS) opened at $55.14 on Monday. Morgan Stanley has a 1 year low of $40.06 and a 1 year high of $58.05. The company has a market cap of $98,590.32, a PE ratio of 15.15, a P/E/G ratio of 0.95 and a beta of 1.54. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74.
Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.07. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The company had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same period in the prior year, the firm posted $0.81 EPS. Morgan Stanley’s revenue for the quarter was up 5.3% on a year-over-year basis. equities analysts predict that Morgan Stanley will post 4.51 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.81%. The ex-dividend date was Tuesday, January 30th. Morgan Stanley’s dividend payout ratio (DPR) is 32.36%.
Morgan Stanley Company Profile
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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