BOK Financial Private Wealth Inc. Has $2.37 Million Stock Position in Morgan Stanley (NYSE:MS)

BOK Financial Private Wealth Inc. lowered its position in shares of Morgan Stanley (NYSE:MS) by 9.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,851 shares of the financial services provider’s stock after selling 2,070 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Morgan Stanley were worth $2,370,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Peoples Bank KS bought a new position in shares of Morgan Stanley in the fourth quarter worth $25,000. Rakuten Securities Inc. increased its position in shares of Morgan Stanley by 138.1% in the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of Morgan Stanley in the fourth quarter worth $35,000. Capital Performance Advisors LLP bought a new position in shares of Morgan Stanley in the third quarter worth $36,000. Finally, Planning Capital Management Corp increased its position in shares of Morgan Stanley by 115.1% in the third quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 191 shares during the period. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Buying and Selling

In related news, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total value of $2,380,175.00. Following the transaction, the chief financial officer now directly owns 81,440 shares of the company’s stock, valued at $11,076,654.40. The trade was a 17.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric F. Grossman sold 13,097 shares of Morgan Stanley stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the transaction, the insider now directly owns 197,444 shares in the company, valued at approximately $26,891,872.80. This represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.

Morgan Stanley Stock Performance

NYSE:MS opened at $119.12 on Friday. The stock has a market cap of $192.12 billion, a P/E ratio of 15.00, a price-to-earnings-growth ratio of 1.18 and a beta of 1.35. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The stock’s 50-day moving average is $132.56 and its 200-day moving average is $121.97. Morgan Stanley has a 1-year low of $85.01 and a 1-year high of $142.03.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.68. The company had revenue of $16.23 billion for the quarter, compared to analysts’ expectations of $15.03 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The business’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.13 earnings per share. Equities research analysts anticipate that Morgan Stanley will post 8.56 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a $0.925 dividend. This represents a $3.70 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date was Friday, January 31st. Morgan Stanley’s dividend payout ratio is currently 46.60%.

Analysts Set New Price Targets

MS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a research report on Monday, January 13th. Evercore ISI lifted their target price on Morgan Stanley from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Hsbc Global Res cut Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Keefe, Bruyette & Woods lifted their target price on Morgan Stanley from $138.00 to $145.00 and gave the company a “market perform” rating in a research report on Friday, January 17th. Finally, Bank of America lifted their target price on Morgan Stanley from $146.00 to $153.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $131.27.

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.