Millennium Management LLC trimmed its stake in Morgan Stanley (NYSE:MS) by 6.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,533,167 shares of the financial services provider’s stock after selling 225,357 shares during the period. Millennium Management LLC owned approximately 0.21% of Morgan Stanley worth $140,090,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. ValueAct Holdings L.P. raised its holdings in shares of Morgan Stanley by 26.0% in the fourth quarter. ValueAct Holdings L.P. now owns 26,228,561 shares of the financial services provider’s stock worth $1,039,962,000 after buying an additional 5,418,091 shares during the period. Geode Capital Management LLC raised its holdings in shares of Morgan Stanley by 6.0% in the fourth quarter. Geode Capital Management LLC now owns 16,970,026 shares of the financial services provider’s stock worth $671,686,000 after buying an additional 956,583 shares during the period. Northern Trust Corp raised its holdings in shares of Morgan Stanley by 3.2% in the fourth quarter. Northern Trust Corp now owns 15,267,378 shares of the financial services provider’s stock worth $605,353,000 after buying an additional 476,018 shares during the period. Oregon Public Employees Retirement Fund increased its holdings in Morgan Stanley by 4,072.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,548,246 shares of the financial services provider’s stock worth $342,000 after purchasing an additional 13,223,517 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Morgan Stanley by 9.3% during the 4th quarter. Bank of New York Mellon Corp now owns 12,572,416 shares of the financial services provider’s stock worth $498,496,000 after purchasing an additional 1,070,385 shares during the period. 84.97% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:MS traded down $0.11 on Monday, reaching $41.61. The company had a trading volume of 4,874,079 shares, compared to its average volume of 11,778,690. Morgan Stanley has a 52-week low of $36.74 and a 52-week high of $55.64. The company has a market capitalization of $71.29 billion, a PE ratio of 9.03, a P/E/G ratio of 1.00 and a beta of 1.19. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.60.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Thursday, January 17th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.17). Morgan Stanley had a net margin of 17.43% and a return on equity of 12.02%. The company had revenue of $8.55 billion during the quarter, compared to analysts’ expectations of $9.32 billion. During the same quarter in the prior year, the business posted $0.84 earnings per share. The company’s revenue was down 10.0% compared to the same quarter last year. Research analysts predict that Morgan Stanley will post 4.8 EPS for the current year.

Several research firms have commented on MS. Zacks Investment Research downgraded Morgan Stanley from a “hold” rating to a “sell” rating in a report on Thursday, January 3rd. Societe Generale downgraded Morgan Stanley from a “hold” rating to a “sell” rating in a report on Friday, February 1st. Keefe, Bruyette & Woods downgraded Morgan Stanley from an “outperform” rating to a “hold” rating and set a $45.00 price objective on the stock. in a report on Tuesday, December 11th. Citigroup upgraded Morgan Stanley from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $50.00 to $48.00 in a report on Wednesday, January 9th. Finally, Credit Suisse Group restated a “buy” rating and set a $56.00 price objective on shares of Morgan Stanley in a report on Wednesday, February 20th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $56.25.

In other news, CFO Paul C. Wirth sold 25,000 shares of the firm’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $42.40, for a total value of $1,060,000.00. Following the completion of the sale, the chief financial officer now owns 169,031 shares of the company’s stock, valued at approximately $7,166,914.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey S. Brodsky sold 15,565 shares of the firm’s stock in a transaction on Friday, January 18th. The stock was sold at an average price of $43.38, for a total value of $675,209.70. Following the completion of the sale, the insider now directly owns 112,420 shares of the company’s stock, valued at approximately $4,876,779.60. The disclosure for this sale can be found here. 0.19% of the stock is owned by company insiders.

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Morgan Stanley Company 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. 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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