Lantz Financial LLC Has $241,000 Position in Morgan Stanley (NYSE:MS)

Lantz Financial LLC decreased its holdings in shares of Morgan Stanley (NYSE:MS) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,916 shares of the financial services provider’s stock after selling 196 shares during the quarter. Lantz Financial LLC’s holdings in Morgan Stanley were worth $241,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its position in shares of Morgan Stanley by 34.6% during the second quarter. AQR Capital Management LLC now owns 115,128 shares of the financial services provider’s stock valued at $11,089,000 after buying an additional 29,575 shares during the last quarter. APG Asset Management N.V. lifted its position in shares of Morgan Stanley by 163.8% in the 2nd quarter. APG Asset Management N.V. now owns 152,992 shares of the financial services provider’s stock worth $13,874,000 after acquiring an additional 95,000 shares during the period. Daymark Wealth Partners LLC acquired a new stake in shares of Morgan Stanley during the 2nd quarter worth approximately $397,000. MBB Public Markets I LLC bought a new stake in shares of Morgan Stanley during the second quarter valued at approximately $8,388,000. Finally, Mackenzie Financial Corp raised its stake in shares of Morgan Stanley by 2.0% in the second quarter. Mackenzie Financial Corp now owns 288,336 shares of the financial services provider’s stock valued at $28,023,000 after purchasing an additional 5,595 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Evercore ISI boosted their price target on shares of Morgan Stanley from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 17th. JPMorgan Chase & Co. upped their target price on shares of Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a research note on Monday, January 13th. Barclays increased their target price on Morgan Stanley from $155.00 to $156.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. The Goldman Sachs Group lifted their price target on shares of Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Finally, Hsbc Global Res lowered Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $131.27.

Morgan Stanley Stock Up 0.0 %

NYSE:MS opened at $137.85 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 12-month low of $83.09 and a 12-month high of $139.04. The firm has a market capitalization of $222.09 billion, a P/E ratio of 17.36, a P/E/G ratio of 1.20 and a beta of 1.36. The stock’s fifty day simple moving average is $129.48 and its 200-day simple moving average is $114.87.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.68. The business had revenue of $16.23 billion for the quarter, compared to the consensus estimate of $15.03 billion. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. Morgan Stanley’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same period last year, the company posted $1.13 EPS. Equities research analysts expect that Morgan Stanley will post 8.49 earnings per share for the current year.

Morgan Stanley Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be issued a dividend of $0.925 per share. The ex-dividend date is Friday, January 31st. This represents a $3.70 annualized dividend and a yield of 2.68%. Morgan Stanley’s dividend payout ratio is presently 46.60%.

Insider Buying and Selling at Morgan Stanley

In other news, CFO Raja Akram sold 17,500 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 81,440 shares in the company, valued at $11,076,654.40. The trade was a 17.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Eric F. Grossman sold 13,097 shares of the stock in a transaction dated 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 transaction, the insider now owns 197,444 shares of the company’s stock, valued at approximately $26,891,872.80. The trade was a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.