Measured Wealth Private Client Group LLC Has $344,000 Holdings in Morgan Stanley (NYSE:MS)

Measured Wealth Private Client Group LLC grew its stake in Morgan Stanley (NYSE:MS) by 13.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,658 shares of the financial services provider’s stock after buying an additional 431 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Morgan Stanley were worth $344,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Institute for Wealth Management LLC. increased its stake in shares of Morgan Stanley by 3.6% in the fourth quarter. Institute for Wealth Management LLC. now owns 17,578 shares of the financial services provider’s stock worth $1,639,000 after purchasing an additional 618 shares during the period. Atalanta Sosnoff Capital LLC increased its stake in shares of Morgan Stanley by 8.1% in the fourth quarter. Atalanta Sosnoff Capital LLC now owns 373,686 shares of the financial services provider’s stock worth $34,846,000 after purchasing an additional 27,845 shares during the period. Hartford Financial Management Inc. increased its stake in shares of Morgan Stanley by 17.9% in the fourth quarter. Hartford Financial Management Inc. now owns 917 shares of the financial services provider’s stock worth $86,000 after purchasing an additional 139 shares during the period. Evercore Wealth Management LLC increased its stake in Morgan Stanley by 4.0% during the fourth quarter. Evercore Wealth Management LLC now owns 1,274,605 shares of the financial services provider’s stock valued at $118,857,000 after acquiring an additional 48,812 shares during the period. Finally, Avior Wealth Management LLC increased its stake in Morgan Stanley by 2.5% during the fourth quarter. Avior Wealth Management LLC now owns 6,600 shares of the financial services provider’s stock valued at $615,000 after acquiring an additional 163 shares during the period. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Price Performance

MS opened at $99.65 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.97. Morgan Stanley has a 12 month low of $69.42 and a 12 month high of $103.25. The company has a fifty day simple moving average of $96.75 and a 200 day simple moving average of $91.86. The stock has a market cap of $161.95 billion, a P/E ratio of 18.15, a P/E/G ratio of 1.19 and a beta of 1.38.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.33. The business had revenue of $15.14 billion during the quarter, compared to analysts’ expectations of $14.42 billion. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.88%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 EPS. On average, research analysts expect that Morgan Stanley will post 6.8 EPS for the current year.

Morgan Stanley Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Monday, April 29th. Morgan Stanley’s dividend payout ratio (DPR) is presently 61.93%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MS shares. Bank of America boosted their price target on Morgan Stanley from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Keefe, Bruyette & Woods boosted their price target on Morgan Stanley from $94.00 to $98.00 and gave the company a “market perform” rating in a research note on Wednesday, April 17th. BMO Capital Markets boosted their price target on Morgan Stanley from $115.00 to $118.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $91.00 price objective on shares of Morgan Stanley in a research note on Wednesday, March 27th. Finally, HSBC upped their price objective on Morgan Stanley from $100.00 to $102.00 and gave the company a “hold” rating in a research note on Friday, April 19th. Twelve analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Morgan Stanley has an average rating of “Hold” and a consensus price target of $98.30.

Insider Transactions at Morgan Stanley

In other news, insider Charles Aubrey Smith III sold 11,200 shares of the stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $90.09, for a total transaction of $1,009,008.00. Following the completion of the transaction, the insider now directly owns 126,190 shares in the company, valued at approximately $11,368,457.10. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Morgan Stanley news, insider Mandell Crawley sold 6,954 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $99.61, for a total transaction of $692,687.94. Following the completion of the sale, the insider now directly owns 46,274 shares in the company, valued at $4,609,353.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Charles Aubrey Smith III sold 11,200 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $90.09, for a total transaction of $1,009,008.00. Following the sale, the insider now owns 126,190 shares of the company’s stock, valued at $11,368,457.10. The disclosure for this sale can be found here. Insiders sold a total of 118,154 shares of company stock worth $10,722,696 in the last three months. Insiders own 0.24% of the company’s stock.

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.