Morgan Stanley (NYSE:MS) Stock Holdings Decreased by Tributary Capital Management LLC

Tributary Capital Management LLC decreased its holdings in Morgan Stanley (NYSE:MS) by 5.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,545 shares of the financial services provider’s stock after selling 305 shares during the period. Tributary Capital Management LLC’s holdings in Morgan Stanley were worth $697,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Grimes & Company Inc. acquired a new position in Morgan Stanley in the 4th quarter valued at approximately $216,000. Cyndeo Wealth Partners LLC increased its stake in shares of Morgan Stanley by 0.3% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 90,166 shares of the financial services provider’s stock worth $11,336,000 after acquiring an additional 303 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Morgan Stanley by 2.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 40,355 shares of the financial services provider’s stock worth $5,073,000 after acquiring an additional 875 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in Morgan Stanley by 119.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 32,615 shares of the financial services provider’s stock valued at $4,100,000 after purchasing an additional 17,766 shares during the last quarter. Finally, DGS Capital Management LLC grew its stake in Morgan Stanley by 1.8% in the fourth quarter. DGS Capital Management LLC now owns 4,408 shares of the financial services provider’s stock valued at $554,000 after purchasing an additional 77 shares in the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MS shares. UBS Group lifted their price target on Morgan Stanley from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday. Wells Fargo & Company raised shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $107.00 to $142.00 in a research report on Friday, November 15th. JPMorgan Chase & Co. raised their price target on shares of Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, January 13th. Hsbc Global Res cut shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Finally, Barclays raised their target price on Morgan Stanley from $155.00 to $156.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $131.27.

Morgan Stanley Stock Up 0.0 %

MS opened at $137.85 on Friday. The company has a market capitalization of $222.09 billion, a P/E ratio of 17.36, a P/E/G ratio of 1.20 and a beta of 1.36. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s fifty day moving average price is $129.48 and its two-hundred day moving average price is $114.87. Morgan Stanley has a fifty-two week low of $83.09 and a fifty-two week high of $139.04.

Morgan Stanley (NYSE:MS) last issued its earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.68. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The business had revenue of $16.23 billion for the quarter, compared to analyst estimates of $15.03 billion. During the same period in the previous year, the business earned $1.13 EPS. The firm’s revenue was up 25.9% on a year-over-year basis. On average, analysts anticipate that Morgan Stanley will post 8.49 EPS for the current year.

Morgan Stanley Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a $0.925 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $3.70 annualized dividend and a dividend yield of 2.68%. Morgan Stanley’s dividend payout ratio is presently 46.60%.

Insider Transactions at Morgan Stanley

In related news, CFO Raja Akram sold 17,500 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the completion of the sale, the chief financial officer now directly owns 81,440 shares of the company’s stock, valued at $11,076,654.40. This trade represents a 17.69 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Eric F. Grossman sold 13,097 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the sale, the insider now owns 197,444 shares in the company, valued at $26,891,872.80. The trade was a 6.22 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.