Gryphon Financial Partners LLC Boosts Position in Morgan Stanley (NYSE:MS)

Gryphon Financial Partners LLC boosted its holdings in Morgan Stanley (NYSE:MSFree Report) by 328.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 14,739 shares of the financial services provider’s stock after buying an additional 11,295 shares during the period. Gryphon Financial Partners LLC’s holdings in Morgan Stanley were worth $1,415,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MS. CGC Financial Services LLC raised its stake in shares of Morgan Stanley by 5,200.0% during the fourth quarter. CGC Financial Services LLC now owns 265 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 260 shares during the period. VisionPoint Advisory Group LLC raised its stake in shares of Morgan Stanley by 123.2% during the third quarter. VisionPoint Advisory Group LLC now owns 442 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 244 shares during the period. Front Row Advisors LLC raised its stake in shares of Morgan Stanley by 220.6% during the third quarter. Front Row Advisors LLC now owns 452 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 311 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of Morgan Stanley during the fourth quarter valued at approximately $39,000. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in shares of Morgan Stanley during the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Morgan Stanley Stock Performance

Shares of MS opened at $97.84 on Friday. Morgan Stanley has a 1 year low of $69.42 and a 1 year high of $103.25. The firm has a fifty day moving average of $94.49 and a 200-day moving average of $89.33. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market cap of $159.01 billion, a price-to-earnings ratio of 17.82, a price-to-earnings-growth ratio of 1.19 and a beta of 1.41.

Morgan Stanley (NYSE:MSGet Free Report) last issued its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.33. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.88%. The business had revenue of $15.14 billion for the quarter, compared to analysts’ expectations of $14.42 billion. During the same period in the previous year, the business earned $1.70 earnings per share. The company’s revenue was up 4.3% on a year-over-year basis. As a group, equities analysts anticipate that Morgan Stanley will post 6.83 earnings per share for the current year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th were paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend was Monday, April 29th. Morgan Stanley’s dividend payout ratio is currently 61.93%.

Wall Street Analyst Weigh In

MS has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods lifted their price target on shares of Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 17th. Evercore ISI lifted their price target on shares of Morgan Stanley from $97.00 to $102.00 and gave the stock an “outperform” rating in a research note on Thursday, April 4th. Oppenheimer lifted their price target on shares of Morgan Stanley from $101.00 to $105.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 30th. Cfra lifted their price target on shares of Morgan Stanley from $97.00 to $108.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $91.00 price objective on shares of Morgan Stanley in a report on Wednesday, March 27th. Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $98.30.

Check Out Our Latest Research Report on MS

Insider Activity at Morgan Stanley

In other Morgan Stanley news, insider Mandell Crawley sold 6,954 shares of the business’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $99.61, for a total value of $692,687.94. Following the sale, the insider now directly owns 46,274 shares in the company, valued at $4,609,353.14. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Morgan Stanley news, Chairman James P. Gorman sold 100,000 shares of the business’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $90.21, for a total value of $9,021,000.00. Following the sale, the chairman now directly owns 414,870 shares in the company, valued at $37,425,422.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mandell Crawley sold 6,954 shares of the business’s stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of $99.61, for a total transaction of $692,687.94. Following the completion of the sale, the insider now owns 46,274 shares in the company, valued at $4,609,353.14. The disclosure for this sale can be found here. Insiders have sold a total of 118,154 shares of company stock worth $10,722,696 over the last ninety days. 0.24% of the stock is currently owned by corporate insiders.

Morgan Stanley Profile

(Free Report)

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.

Further Reading

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

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