TLP Group LLC Has $1.39 Million Stake in Morgan Stanley (MS)

TLP Group LLC grew its holdings in Morgan Stanley (NYSE:MS) by 147.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,791 shares of the financial services provider’s stock after purchasing an additional 15,360 shares during the period. Morgan Stanley makes up 1.0% of TLP Group LLC’s portfolio, making the stock its 7th biggest position. TLP Group LLC’s holdings in Morgan Stanley were worth $1,392,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its position in Morgan Stanley by 0.3% during the first quarter. BlackRock Inc. now owns 105,846,265 shares of the financial services provider’s stock worth $5,711,464,000 after buying an additional 334,987 shares during the last quarter. ValueAct Holdings L.P. increased its position in Morgan Stanley by 0.4% during the fourth quarter. ValueAct Holdings L.P. now owns 17,959,620 shares of the financial services provider’s stock worth $942,341,000 after buying an additional 75,000 shares during the last quarter. Geode Capital Management LLC increased its position in Morgan Stanley by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 14,948,683 shares of the financial services provider’s stock worth $782,739,000 after buying an additional 206,318 shares during the last quarter. Bank of New York Mellon Corp increased its position in Morgan Stanley by 14.2% during the fourth quarter. Bank of New York Mellon Corp now owns 12,643,249 shares of the financial services provider’s stock worth $663,392,000 after buying an additional 1,569,202 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Morgan Stanley by 2.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 12,276,170 shares of the financial services provider’s stock worth $644,130,000 after buying an additional 299,060 shares during the last quarter. 85.27% of the stock is currently owned by institutional investors and hedge funds.

Shares of Morgan Stanley traded down $0.30, hitting $51.30, during mid-day trading on Thursday, according to Marketbeat Ratings. The company had a trading volume of 112,752 shares, compared to its average volume of 9,613,035. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.82 and a current ratio of 0.82. Morgan Stanley has a 12 month low of $43.48 and a 12 month high of $59.38. The stock has a market cap of $91.66 billion, a PE ratio of 14.20, a PEG ratio of 0.86 and a beta of 1.50.

Morgan Stanley (NYSE:MS) last released its earnings results on Wednesday, April 18th. The financial services provider reported $1.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.17. Morgan Stanley had a net margin of 15.09% and a return on equity of 11.10%. The business had revenue of $11.08 billion during the quarter, compared to analysts’ expectations of $10.37 billion. During the same quarter last year, the company earned $1.00 earnings per share. The firm’s revenue was up 13.7% on a year-over-year basis. research analysts forecast that Morgan Stanley will post 4.72 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Monday, April 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, April 27th. Morgan Stanley’s payout ratio is presently 27.78%.

MS has been the topic of several analyst reports. JPMorgan Chase & Co. reissued a “buy” rating and set a $60.00 target price on shares of Morgan Stanley in a research report on Thursday, March 15th. Zacks Investment Research downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $62.00 target price on shares of Morgan Stanley in a research report on Thursday, April 5th. Sanford C. Bernstein started coverage on Morgan Stanley in a research report on Monday, April 9th. They issued an “underperform” rating and a $51.00 price target on the stock. Finally, Vining Sparks reaffirmed a “buy” rating and issued a $67.00 price target on shares of Morgan Stanley in a research report on Wednesday, April 18th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Morgan Stanley currently has a consensus rating of “Buy” and a consensus target price of $56.47.

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. The company operates through three segments: Institutional Securities, Wealth Management, and Investment Management.

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

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