Morgan Stanley (NYSE:MS) insider Daniel A. Simkowitz acquired 7,000 shares of the business’s stock in a transaction dated Thursday, April 18th. The shares were purchased at an average price of $47.57 per share, with a total value of $332,990.00. Following the transaction, the insider now owns 193,089 shares of the company’s stock, valued at $9,185,243.73. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of NYSE:MS opened at $47.29 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.60. Morgan Stanley has a 12 month low of $36.74 and a 12 month high of $55.64. The stock has a market capitalization of $80.19 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.33 EPS for the quarter, beating the Zacks’ consensus estimate of $1.17 by $0.16. Morgan Stanley had a net margin of 16.75% and a return on equity of 11.50%. The firm had revenue of $10.29 billion during the quarter, compared to the consensus estimate of $9.96 billion. During the same quarter last year, the firm earned $1.45 EPS. The firm’s revenue for the quarter was down 7.1% compared to the same quarter last year. On average, sell-side analysts forecast that Morgan Stanley will post 4.79 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date of this dividend is Monday, April 29th. Morgan Stanley’s payout ratio is 26.03%.

Several large investors have recently made changes to their positions in MS. Nalls Sherbakoff Group LLC bought a new position in shares of Morgan Stanley in the 4th quarter valued at about $28,000. Liberty Wealth Management LLC bought a new position in shares of Morgan Stanley in the 4th quarter valued at about $29,000. CWM LLC lifted its holdings in shares of Morgan Stanley by 72.6% in the 4th quarter. CWM LLC now owns 799 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 336 shares during the last quarter. San Francisco Sentry Investment Group CA lifted its holdings in shares of Morgan Stanley by 63.7% in the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,002 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 390 shares during the last quarter. Finally, Sandy Spring Bank bought a new position in shares of Morgan Stanley in the 4th quarter valued at about $40,000. 86.10% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently weighed in on MS. Wells Fargo & Co restated a “buy” rating on shares of Morgan Stanley in a research report on Wednesday, April 17th. Citigroup lowered Morgan Stanley from a “buy” rating to a “neutral” rating and set a $48.00 price objective for the company. in a research report on Thursday, April 18th. Oppenheimer raised their price objective on Morgan Stanley from $60.00 to $61.00 and gave the company an “outperform” rating in a research report on Tuesday, March 26th. Royal Bank of Canada restated a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Thursday, April 18th. Finally, BMO Capital Markets raised their price objective on Morgan Stanley to $68.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $56.24.

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

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