Cetera Advisors LLC Takes $212,000 Position in Morgan Stanley (MS)

Cetera Advisors LLC bought a new stake in Morgan Stanley (NYSE:MS) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,984 shares of the financial services provider’s stock, valued at approximately $212,000.

Other institutional investors also recently modified their holdings of the company. Springhouse Capital Management LP purchased a new position in Morgan Stanley in the fourth quarter valued at about $8,069,000. Lowe Brockenbrough & Co. Inc. increased its holdings in Morgan Stanley by 0.6% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 115,414 shares of the financial services provider’s stock valued at $4,576,000 after buying an additional 735 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Morgan Stanley by 31.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 88,206 shares of the financial services provider’s stock valued at $3,497,000 after buying an additional 21,173 shares in the last quarter. QUANTRES ASSET MANAGEMENT Ltd purchased a new position in Morgan Stanley in the first quarter valued at about $827,000. Finally, AMG National Trust Bank purchased a new position in Morgan Stanley in the fourth quarter valued at about $547,000. 86.21% of the stock is owned by institutional investors.

In related news, CFO Paul C. Wirth sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $42.40, for a total transaction of $1,060,000.00. Following the sale, the chief financial officer now owns 169,031 shares in the company, valued at $7,166,914.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Daniel A. Simkowitz bought 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were purchased at an average price of $47.57 per share, for a total transaction of $332,990.00. Following the transaction, the insider now owns 193,089 shares of the company’s stock, valued at approximately $9,185,243.73. The disclosure for this purchase can be found here. 0.23% of the stock is currently owned by company insiders.

Several analysts have recently commented on MS shares. Zacks Investment Research lowered shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Monday, March 11th. ValuEngine lowered shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Societe Generale lowered shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Friday, February 1st. Royal Bank of Canada reiterated a “buy” rating and issued a $60.00 price target on shares of Morgan Stanley in a research report on Thursday, April 18th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $56.00 price target on shares of Morgan Stanley in a research report on Wednesday, February 20th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $56.24.

Shares of NYSE MS opened at $43.49 on Thursday. Morgan Stanley has a 1 year low of $36.74 and a 1 year high of $54.61. The company has a market cap of $74.30 billion, a P/E ratio of 9.43, a PEG ratio of 1.02 and a beta of 1.24. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.60.

Morgan Stanley (NYSE:MS) last announced its earnings results on Wednesday, April 17th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.16. Morgan Stanley had a net margin of 16.75% and a return on equity of 11.45%. The firm had revenue of $10.29 billion for the quarter, compared to analyst estimates of $9.96 billion. During the same quarter last year, the business earned $1.45 earnings per share. Morgan Stanley’s revenue was down 7.1% compared to the same quarter last year. Sell-side analysts anticipate that Morgan Stanley will post 4.79 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th were given a dividend of $0.30 per share. The ex-dividend date was Monday, April 29th. This represents a $1.20 dividend on an annualized basis and a yield of 2.76%. Morgan Stanley’s dividend payout ratio (DPR) is currently 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 through 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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