Los Angeles Capital Management & Equity Research Inc. cut its holdings in shares of Morgan Stanley (NYSE:MS) by 21.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 436,304 shares of the financial services provider’s stock after selling 116,421 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Morgan Stanley were worth $21,017,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in MS. Providence First Trust Co raised its position in shares of Morgan Stanley by 79.2% in the 3rd quarter. Providence First Trust Co now owns 27,329 shares of the financial services provider’s stock valued at $1,316,000 after acquiring an additional 12,082 shares during the period. Toronto Dominion Bank raised its position in shares of Morgan Stanley by 12.0% in the 3rd quarter. Toronto Dominion Bank now owns 564,456 shares of the financial services provider’s stock valued at $27,190,000 after acquiring an additional 60,465 shares during the period. New York State Common Retirement Fund raised its position in shares of Morgan Stanley by 0.4% in the 3rd quarter. New York State Common Retirement Fund now owns 3,635,000 shares of the financial services provider’s stock valued at $175,098,000 after acquiring an additional 15,000 shares during the period. Intrust Bank NA raised its position in shares of Morgan Stanley by 30.7% in the 3rd quarter. Intrust Bank NA now owns 6,155 shares of the financial services provider’s stock valued at $296,000 after acquiring an additional 1,446 shares during the period. Finally, YHB Investment Advisors Inc. raised its position in shares of Morgan Stanley by 215.8% in the 3rd quarter. YHB Investment Advisors Inc. now owns 56,817 shares of the financial services provider’s stock valued at $2,737,000 after acquiring an additional 38,825 shares during the period. Institutional investors own 86.30% of the company’s stock.

Shares of Morgan Stanley (NYSE MS) opened at $48.10 on Thursday. The company has a market capitalization of $87,466.16, a P/E ratio of 13.40, a PEG ratio of 1.11 and a beta of 1.66. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a twelve month low of $38.72 and a twelve month high of $51.52.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.81 by $0.12. The company had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.05 billion. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 EPS. analysts forecast that Morgan Stanley will post 3.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Monday, October 30th. Morgan Stanley’s payout ratio is presently 27.70%.

A number of analysts recently weighed in on MS shares. ValuEngine downgraded shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. BMO Capital Markets increased their price target on shares of Morgan Stanley from $58.00 to $61.00 and gave the company an “outperform” rating in a research report on Thursday, July 20th. upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Friday, September 15th. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Friday, October 20th. Finally, Macquarie reiterated an “outperform” rating and issued a $52.00 price target (up from $51.00) on shares of Morgan Stanley in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the stock. Morgan Stanley has a consensus rating of “Buy” and a consensus target price of $50.39.

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In other Morgan Stanley news, President Thomas Colm Kelleher sold 40,000 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the completion of the sale, the president now owns 692,037 shares of the company’s stock, valued at approximately $35,010,151.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the firm’s stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total value of $820,997.79. Following the sale, the insider now directly owns 111,776 shares of the company’s stock, valued at approximately $5,596,624.32. The disclosure for this sale can be found here. Corporate insiders own 0.35% of the company’s stock.

Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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