4,907 Shares in Morgan Stanley $MS Acquired by Cornerstone Enterprises LLC

Cornerstone Enterprises LLC bought a new position in shares of Morgan Stanley (NYSE:MS) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,907 shares of the financial services provider’s stock, valued at approximately $923,000. Morgan Stanley accounts for 0.6% of Cornerstone Enterprises LLC’s holdings, making the stock its 29th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Mitsubishi UFJ Financial Group Inc. purchased a new position in shares of Morgan Stanley in the 2nd quarter valued at $78,825,883,310. Bank of New York Mellon Corp bought a new position in shares of Morgan Stanley in the 2nd quarter worth $2,040,227,000. Corient Private Wealth LLC raised its position in shares of Morgan Stanley by 142.4% in the 4th quarter. Corient Private Wealth LLC now owns 3,122,060 shares of the financial services provider’s stock worth $511,723,000 after acquiring an additional 1,833,844 shares in the last quarter. Cullen Capital Management LLC purchased a new stake in shares of Morgan Stanley during the 2nd quarter worth $295,482,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of Morgan Stanley during the 1st quarter worth $110,938,000. Institutional investors own 84.19% of the company’s stock.

Key Morgan Stanley News

Here are the key news stories impacting Morgan Stanley this week:

• Positive Sentiment: Quarterly results exceeded expectations. Morgan Stanley reported $3.03 in EPS versus a $2.93 consensus estimate and $20.34 billion in revenue versus expectations of $19.93 billion. Revenue rose 11.6% year over year, while net income attributable to the firm reached approximately $4.9 billion. Morgan Stanley earnings report
• Positive Sentiment: Equity trading and wealth management led growth. Institutional Securities revenue rose to $10.0 billion, helped by a 41% increase in equity revenue. Wealth Management generated record $9.1 billion revenue, added $232.4 billion in net new assets and reached $10.5 trillion in client assets. Morgan Stanley Q3 earnings call transcript
• Positive Sentiment: Capital returns remain supportive. Morgan Stanley repurchased $1.54 billion of stock and declared a quarterly dividend of $1.15 per share, equivalent to an annualized $4.60 payout. Morgan Stanley dividend announcement
• Neutral Sentiment: Management highlighted longer-term opportunities in AI financing and investment banking. These initiatives could expand revenue, but their financial impact remains uncertain. Morgan Stanley earnings call highlights
• Negative Sentiment: Analyst target cuts are offsetting the earnings beat. Citigroup lowered its target to $190 and maintained a neutral rating, TD Cowen cut its target to $205 and kept a hold rating, while Keefe, Bruyette & Woods reduced its outperform target to $230. Piper Sandler also lowered its target to $205. The revisions suggest investors may view the strong trading performance as partly cyclical. Morgan Stanley analyst forecast changes
• Negative Sentiment: Fixed-income trading was weaker amid bond-market volatility. The decline highlights Morgan Stanley’s exposure to uneven market conditions and raises questions about whether equity-trading momentum can persist.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MS. Bank of America raised their price objective on Morgan Stanley from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Erste Group Bank downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Thursday, October 8th. Zacks Research downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 30th. UBS Group decreased their price target on shares of Morgan Stanley from $260.00 to $236.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Morgan Stanley in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $214.71.

Morgan Stanley Price Performance

NYSE MS opened at $182.25 on Friday. The firm’s fifty day simple moving average is $205.11 and its two-hundred day simple moving average is $203.64. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 3.65. Morgan Stanley has a 12-month low of $152.80 and a 12-month high of $232.25. The firm has a market capitalization of $287.45 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.21 and a beta of 1.22.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, October 14th. The financial services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.10. Morgan Stanley had a return on equity of 19.40% and a net margin of 15.63%. The business had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $19.93 billion. During the same period in the prior year, the firm posted $2.80 earnings per share. The business’s quarterly revenue was up 11.6% on a year-over-year basis. Analysts forecast that Morgan Stanley will post 12.66 EPS for the current fiscal year.

Morgan Stanley declared that its Board of Directors has initiated a stock buyback plan on Wednesday, June 24th that allows the company to buy back $20.00 billion in shares. This buyback authorization allows the financial services provider to purchase up to 5.6% of its stock through open market purchases. Share buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Morgan Stanley Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a $1.15 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.5%. Morgan Stanley’s dividend payout ratio (DPR) is presently 37.19%.

Morgan Stanley Profile

Morgan Stanley is a global financial services firm serving corporations, governments, financial institutions, individuals and other investors. The company provides investment banking and advisory services, including mergers and acquisitions advice, equity and debt underwriting, securities sales and trading, and corporate lending.

Through its Wealth Management business, Morgan Stanley offers financial planning, brokerage, investment advisory and banking services to individual investors, businesses and institutions.