Morgan Stanley (NYSE:MS) Position Raised by Strycker View Capital LLC

Strycker View Capital LLC boosted its holdings in Morgan Stanley (NYSE:MS) by 238.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 574,754 shares of the financial services provider’s stock after purchasing an additional 404,754 shares during the quarter. Morgan Stanley comprises 9.7% of Strycker View Capital LLC’s portfolio, making the stock its 2nd largest position. Strycker View Capital LLC’s holdings in Morgan Stanley were worth $25,180,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC lifted its position in Morgan Stanley by 110.8% during the first quarter. SG Americas Securities LLC now owns 269,751 shares of the financial services provider’s stock valued at $11,383,000 after purchasing an additional 2,767,524 shares during the period. FIL Ltd lifted its position in Morgan Stanley by 60.7% during the first quarter. FIL Ltd now owns 5,491,388 shares of the financial services provider’s stock valued at $231,737,000 after purchasing an additional 2,074,400 shares during the period. FMR LLC lifted its position in Morgan Stanley by 7.0% during the first quarter. FMR LLC now owns 25,890,003 shares of the financial services provider’s stock valued at $1,092,558,000 after purchasing an additional 1,687,819 shares during the period. Janus Henderson Group PLC lifted its position in Morgan Stanley by 29.6% during the first quarter. Janus Henderson Group PLC now owns 7,378,953 shares of the financial services provider’s stock valued at $311,396,000 after purchasing an additional 1,686,321 shares during the period. Finally, Geode Capital Management LLC lifted its position in Morgan Stanley by 6.0% during the fourth quarter. Geode Capital Management LLC now owns 16,970,026 shares of the financial services provider’s stock valued at $671,686,000 after purchasing an additional 956,583 shares during the period. Institutional investors and hedge funds own 83.85% of the company’s stock.

A number of brokerages recently weighed in on MS. Oppenheimer set a $65.00 price objective on shares of Morgan Stanley and gave the company a “buy” rating in a research report on Friday, July 19th. BMO Capital Markets set a $69.00 price objective on shares of Morgan Stanley and gave the company a “buy” rating in a research report on Friday, July 19th. Royal Bank of Canada set a $60.00 price objective on shares of Morgan Stanley and gave the company a “buy” rating in a research report on Wednesday, April 24th. Citigroup upgraded shares of Morgan Stanley from a “neutral” rating to a “buy” rating and increased their price objective for the company from $48.00 to $52.00 in a research report on Friday, July 12th. Finally, Wells Fargo & Co restated a “buy” rating on shares of Morgan Stanley in a research report on Wednesday, April 17th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. Morgan Stanley has an average rating of “Hold” and a consensus target price of $56.92.

Shares of MS stock traded down $1.00 on Wednesday, hitting $40.22. 9,965,540 shares of the stock traded hands, compared to its average volume of 9,029,962. The stock has a market cap of $67.35 billion, a price-to-earnings ratio of 8.72, a price-to-earnings-growth ratio of 1.08 and a beta of 1.32. Morgan Stanley has a 52 week low of $36.74 and a 52 week high of $50.84. The business has a 50 day moving average price of $43.90. 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 quarterly earnings data on Thursday, July 18th. The financial services provider reported $1.23 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.13 by $0.10. The firm had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.02 billion. Morgan Stanley had a net margin of 16.06% and a return on equity of 11.10%. The company’s revenue was down 3.4% on a year-over-year basis. During the same period last year, the firm earned $1.30 EPS. Analysts forecast that Morgan Stanley will post 4.78 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.48%. This is an increase from Morgan Stanley’s previous quarterly dividend of $0.30. The ex-dividend date is Tuesday, July 30th. Morgan Stanley’s dividend payout ratio (DPR) is presently 30.37%.

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 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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