Fifth Third Bancorp decreased its position in Morgan Stanley (NYSE:MS) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,218,231 shares of the financial services provider’s stock after selling 25,452 shares during the quarter. Fifth Third Bancorp’s holdings in Morgan Stanley were worth $56,733,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Tiedemann Advisors LLC raised its position in Morgan Stanley by 8.7% in the second quarter. Tiedemann Advisors LLC now owns 14,198 shares of the financial services provider’s stock valued at $674,000 after purchasing an additional 1,135 shares during the period. GWM Advisors LLC raised its position in Morgan Stanley by 12.2% in the third quarter. GWM Advisors LLC now owns 10,883 shares of the financial services provider’s stock valued at $507,000 after purchasing an additional 1,184 shares during the period. Sawtooth Solutions LLC raised its position in Morgan Stanley by 25.3% in the third quarter. Sawtooth Solutions LLC now owns 5,957 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 1,201 shares during the period. Appleton Partners Inc. MA raised its position in Morgan Stanley by 4.4% in the third quarter. Appleton Partners Inc. MA now owns 29,085 shares of the financial services provider’s stock valued at $1,354,000 after purchasing an additional 1,220 shares during the period. Finally, Fiduciary Trust Co. raised its position in Morgan Stanley by 1.4% in the second quarter. Fiduciary Trust Co. now owns 94,032 shares of the financial services provider’s stock valued at $4,457,000 after purchasing an additional 1,273 shares during the period. 85.08% of the stock is currently owned by institutional investors.

NYSE:MS opened at $41.32 on Friday. The firm has a market capitalization of $73.30 billion, a price-to-earnings ratio of 8.95, a price-to-earnings-growth ratio of 0.73 and a beta of 1.25. The company has a debt-to-equity ratio of 2.67, a current ratio of 0.80 and a quick ratio of 0.80. Morgan Stanley has a 52 week low of $40.95 and a 52 week high of $59.38.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Wednesday, October 31st were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, October 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.90%. Morgan Stanley’s payout ratio is currently 33.33%.

A number of analysts have issued reports on MS shares. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Tuesday, November 20th. Vining Sparks reissued a “buy” rating and issued a $60.00 target price on shares of Morgan Stanley in a research report on Tuesday, October 16th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $62.00 target price on shares of Morgan Stanley in a research report on Monday, September 10th. HSBC downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating and set a $54.00 price target for the company. in a research note on Tuesday, October 2nd. Finally, Wells Fargo & Co upgraded shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $56.00 to $60.00 in a research note on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $58.29.

In related news, major shareholder Stanley Morgan sold 327 shares of the business’s stock in a transaction on Wednesday, September 19th. The shares were sold at an average price of $23,000.00, for a total transaction of $7,521,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.19% of the company’s stock.

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

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