Bollard Group LLC Boosts Holdings in Morgan Stanley (MS)

Bollard Group LLC boosted its position in Morgan Stanley (NYSE:MS) by 7.0% in the fourth quarter, HoldingsChannel reports. The firm owned 135,176 shares of the financial services provider’s stock after buying an additional 8,878 shares during the quarter. Bollard Group LLC’s holdings in Morgan Stanley were worth $5,360,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC increased its holdings in shares of Morgan Stanley by 4.4% during the 2nd quarter. FMR LLC now owns 45,817,038 shares of the financial services provider’s stock worth $2,171,728,000 after purchasing an additional 1,936,093 shares during the period. Advisors Asset Management Inc. increased its holdings in shares of Morgan Stanley by 20.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 27,414 shares of the financial services provider’s stock worth $1,299,000 after purchasing an additional 4,687 shares during the period. Schroder Investment Management Group increased its holdings in shares of Morgan Stanley by 68.2% during the 2nd quarter. Schroder Investment Management Group now owns 216,942 shares of the financial services provider’s stock worth $10,476,000 after purchasing an additional 87,937 shares during the period. Atria Investments LLC increased its holdings in shares of Morgan Stanley by 13.9% during the 3rd quarter. Atria Investments LLC now owns 29,617 shares of the financial services provider’s stock worth $1,379,000 after purchasing an additional 3,624 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD increased its holdings in shares of Morgan Stanley by 2.6% during the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 123,742 shares of the financial services provider’s stock worth $5,762,000 after purchasing an additional 3,109 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Several research firms have recently issued reports on MS. Societe Generale downgraded shares of Morgan Stanley from a “hold” rating to a “sell” rating in a report on Friday, February 1st. BMO Capital Markets decreased their target price on shares of Morgan Stanley to $65.00 and set an “outperform” rating on the stock in a research report on Friday, January 18th. Zacks Investment Research lowered shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. Citigroup upgraded shares of Morgan Stanley from a “neutral” rating to a “buy” rating and decreased their target price for the company from $50.00 to $48.00 in a research report on Wednesday, January 9th. Finally, Barclays decreased their target price on shares of Morgan Stanley from $63.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 2nd. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $56.38.

In other news, insider Jeffrey S. Brodsky sold 15,565 shares of the company’s stock in a transaction that occurred on Friday, January 18th. The shares were sold at an average price of $43.38, for a total value of $675,209.70. Following the completion of the transaction, the insider now owns 112,420 shares in the company, valued at $4,876,779.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.19% of the stock is currently owned by corporate insiders.

NYSE:MS opened at $40.81 on Monday. The stock has a market capitalization of $70.20 billion, a price-to-earnings ratio of 8.85, a PEG ratio of 0.71 and a beta of 1.20. Morgan Stanley has a 12 month low of $36.74 and a 12 month high of $59.38. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.67.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Thursday, January 17th. The financial services provider reported $0.73 EPS for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.17). Morgan Stanley had a net margin of 17.43% and a return on equity of 12.08%. The firm had revenue of $8.55 billion during the quarter, compared to analyst estimates of $9.32 billion. During the same quarter last year, the firm earned $0.84 earnings per share. Morgan Stanley’s quarterly revenue was down 10.0% on a year-over-year basis. Research analysts predict that Morgan Stanley will post 4.99 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 15th. Shareholders of record on Thursday, January 31st will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.94%. The ex-dividend date is Wednesday, January 30th. Morgan Stanley’s payout ratio is presently 26.03%.

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Morgan Stanley Company 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 Institutional Securities, Wealth Management, and Investment Management segments.

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

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