Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its position in Morgan Stanley (NYSE:MS) by 6.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 353,316 shares of the financial services provider’s stock after selling 22,986 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Morgan Stanley were worth $16,454,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Renaissance Technologies LLC purchased a new stake in shares of Morgan Stanley in the second quarter worth approximately $172,096,000. BlackRock Inc. raised its stake in shares of Morgan Stanley by 3.1% in the second quarter. BlackRock Inc. now owns 109,110,758 shares of the financial services provider’s stock worth $5,171,848,000 after purchasing an additional 3,264,493 shares during the last quarter. FMR LLC raised its stake in shares of Morgan Stanley by 4.4% in the second quarter. FMR LLC now owns 45,817,038 shares of the financial services provider’s stock worth $2,171,728,000 after purchasing an additional 1,936,093 shares during the last quarter. Natixis raised its stake in shares of Morgan Stanley by 978.3% in the second quarter. Natixis now owns 1,574,873 shares of the financial services provider’s stock worth $74,649,000 after purchasing an additional 1,428,824 shares during the last quarter. Finally, ValueAct Holdings L.P. raised its stake in shares of Morgan Stanley by 4.2% in the second quarter. ValueAct Holdings L.P. now owns 18,709,620 shares of the financial services provider’s stock worth $886,836,000 after purchasing an additional 750,000 shares during the last quarter. Institutional investors and hedge funds own 84.87% of the company’s stock.

Shares of MS opened at $44.13 on Monday. The company has a debt-to-equity ratio of 2.67, a current ratio of 0.80 and a quick ratio of 0.80. The company has a market cap of $75.91 billion, a P/E ratio of 12.26, a price-to-earnings-growth ratio of 0.76 and a beta of 1.28. Morgan Stanley has a 12 month low of $42.88 and a 12 month high of $59.38.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Tuesday, October 16th. The financial services provider reported $1.17 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.16. The company had revenue of $9.87 billion during the quarter, compared to the consensus estimate of $9.55 billion. Morgan Stanley had a return on equity of 12.51% and a net margin of 15.93%. Morgan Stanley’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business posted $0.93 earnings per share. On average, equities research analysts predict that Morgan Stanley will post 4.94 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Wednesday, October 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date was Tuesday, October 30th. Morgan Stanley’s payout ratio is 33.33%.

In other Morgan Stanley news, major shareholder Stanley Morgan sold 327 shares of the firm’s stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $23,000.00, for a total value of $7,521,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.19% of the company’s stock.

Several analysts have recently commented on MS shares. JPMorgan Chase & Co. reissued a “buy” rating and issued a $62.00 price objective on shares of Morgan Stanley in a research note on Monday, September 10th. UBS Group raised Morgan Stanley from a “market perform” rating to an “outperform” rating in a research note on Tuesday, October 16th. Wolfe Research started coverage on Morgan Stanley in a research note on Tuesday, September 25th. They issued an “outperform” rating for the company. Zacks Investment Research downgraded Morgan Stanley from a “hold” rating to a “sell” rating in a research note on Friday, September 21st. Finally, HSBC downgraded Morgan Stanley from a “buy” rating to a “hold” rating and set a $54.00 price objective for the company. in a research note on Tuesday, October 2nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $58.82.

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About Morgan Stanley

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. The company operates Institutional Securities, Wealth Management, and Investment Management segments.

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Want to see what other hedge funds are holding MS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley (NYSE:MS).

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

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