Focused Investors LLC cut its holdings in Morgan Stanley (NYSE:MS) by 2.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,590,200 shares of the financial services provider’s stock after selling 60,200 shares during the quarter. Morgan Stanley accounts for 5.5% of Focused Investors LLC’s portfolio, making the stock its 7th largest position. Focused Investors LLC’s holdings in Morgan Stanley were worth $135,908,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Cibc World Markets Corp boosted its stake in Morgan Stanley by 34.1% during the second quarter. Cibc World Markets Corp now owns 201,276 shares of the financial services provider’s stock worth $8,969,000 after buying an additional 51,189 shares during the period. Nordea Investment Management AB boosted its stake in Morgan Stanley by 48.0% during the second quarter. Nordea Investment Management AB now owns 298,961 shares of the financial services provider’s stock worth $13,322,000 after buying an additional 96,927 shares during the period. Advisor Group Inc. boosted its stake in Morgan Stanley by 8.9% during the second quarter. Advisor Group Inc. now owns 81,319 shares of the financial services provider’s stock worth $3,477,000 after buying an additional 6,663 shares during the period. Renaissance Technologies LLC purchased a new position in Morgan Stanley during the second quarter worth $21,567,000. Finally, Ally Financial Inc. boosted its stake in Morgan Stanley by 3.1% during the second quarter. Ally Financial Inc. now owns 48,000 shares of the financial services provider’s stock worth $2,139,000 after buying an additional 1,421 shares during the period. 85.64% of the stock is owned by hedge funds and other institutional investors.

Morgan Stanley (NYSE MS) traded down $0.45 during trading hours on Tuesday, hitting $56.91. The stock had a trading volume of 9,370,000 shares, compared to its average volume of 8,640,000. Morgan Stanley has a fifty-two week low of $40.06 and a fifty-two week high of $57.50. The company has a market capitalization of $102,890.00, a P/E ratio of 18.42, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74.

Morgan Stanley (NYSE:MS) last released its earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. Morgan Stanley had a return on equity of 10.03% and a net margin of 14.10%. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.25 billion. During the same period last year, the company earned $0.81 earnings per share. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. analysts forecast that Morgan Stanley will post 4.38 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.76%. Morgan Stanley’s payout ratio is currently 32.36%.

MS has been the subject of several recent analyst reports. Compass Point reaffirmed a “sell” rating and set a $38.00 price objective (up from $34.00) on shares of Morgan Stanley in a research note on Monday, September 25th. Credit Suisse Group raised shares of Morgan Stanley from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $49.00 to $54.00 in a research note on Monday, October 9th. Citigroup reaffirmed a “neutral” rating and set a $50.00 price objective (up from $46.00) on shares of Morgan Stanley in a research note on Monday, October 9th. Oppenheimer reaffirmed a “hold” rating on shares of Morgan Stanley in a research note on Tuesday, October 17th. Finally, BMO Capital Markets reaffirmed a “top pick” rating and set a $69.00 price objective on shares of Morgan Stanley in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Morgan Stanley presently has a consensus rating of “Buy” and an average target price of $54.07.

In related news, Director Alistair Darling sold 3,850 shares of Morgan Stanley stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total value of $189,766.50. Following the completion of the sale, the director now directly owns 14,218 shares in the company, valued at $700,805.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Keishi Hotsuki sold 25,000 shares of Morgan Stanley stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

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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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