Omnia Family Wealth LLC Boosts Stock Holdings in Morgan Stanley (NYSE:MS)

Omnia Family Wealth LLC raised its position in Morgan Stanley (NYSE:MS) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,063 shares of the financial services provider’s stock after buying an additional 97 shares during the period. Omnia Family Wealth LLC’s holdings in Morgan Stanley were worth $319,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Capital International Investors raised its position in Morgan Stanley by 16.3% in the first quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock worth $2,681,778,000 after acquiring an additional 3,981,528 shares during the period. Bank of New York Mellon Corp lifted its stake in Morgan Stanley by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 12,875,677 shares of the financial services provider’s stock valued at $1,251,387,000 after purchasing an additional 303,654 shares during the last quarter. Legal & General Group Plc grew its holdings in Morgan Stanley by 2.0% during the second quarter. Legal & General Group Plc now owns 10,597,493 shares of the financial services provider’s stock valued at $1,029,970,000 after purchasing an additional 212,551 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Morgan Stanley by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 8,834,372 shares of the financial services provider’s stock valued at $858,573,000 after buying an additional 242,896 shares during the period. Finally, Boston Partners lifted its position in shares of Morgan Stanley by 0.8% during the 1st quarter. Boston Partners now owns 7,151,492 shares of the financial services provider’s stock valued at $672,969,000 after buying an additional 57,104 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.

Insider Transactions at Morgan Stanley

In other news, Director Stephen J. Luczo sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $119.17, for a total value of $7,150,200.00. Following the transaction, the director now owns 138,363 shares in the company, valued at approximately $16,488,718.71. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

MS has been the topic of several recent research reports. Evercore ISI upped their price objective on shares of Morgan Stanley from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, July 17th. Jefferies Financial Group lifted their price objective on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. HSBC upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $118.00 target price on the stock in a research report on Friday, October 4th. Citigroup boosted their price objective on Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, July 17th. Finally, Wells Fargo & Company raised their target price on Morgan Stanley from $95.00 to $107.00 and gave the stock an “underweight” rating in a research note on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $109.24.

Morgan Stanley Price Performance

MS stock traded up $0.92 during mid-day trading on Thursday, hitting $133.68. 1,852,528 shares of the stock were exchanged, compared to its average volume of 7,067,399. The business has a fifty day moving average price of $111.14 and a 200 day moving average price of $103.26. Morgan Stanley has a 12 month low of $76.33 and a 12 month high of $134.91. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $215.36 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 1.23 and a beta of 1.34.

Morgan Stanley (NYSE:MS) last released its earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.31. The company had revenue of $15.38 billion during the quarter, compared to the consensus estimate of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. On average, sell-side analysts anticipate that Morgan Stanley will post 7.32 EPS for the current year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.925 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.77%. Morgan Stanley’s dividend payout ratio (DPR) is currently 56.32%.

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