Gibraltar Capital Management Inc. cut its holdings in Morgan Stanley (NYSE:MS) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,191 shares of the financial services provider’s stock after selling 703 shares during the period. Morgan Stanley makes up 3.5% of Gibraltar Capital Management Inc.’s portfolio, making the stock its 14th largest position. Gibraltar Capital Management Inc.’s holdings in Morgan Stanley were worth $3,426,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Destination Wealth Management raised its stake in shares of Morgan Stanley by 38.7% during the first quarter. Destination Wealth Management now owns 771 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 215 shares during the last quarter. Arcus Capital Partners LLC raised its stake in shares of Morgan Stanley by 1.0% during the first quarter. Arcus Capital Partners LLC now owns 22,835 shares of the financial services provider’s stock valued at $964,000 after acquiring an additional 230 shares during the last quarter. Lourd Capital LLC raised its stake in shares of Morgan Stanley by 2.2% during the second quarter. Lourd Capital LLC now owns 10,652 shares of the financial services provider’s stock valued at $467,000 after acquiring an additional 233 shares during the last quarter. Triangle Securities Wealth Management raised its stake in shares of Morgan Stanley by 2.2% during the first quarter. Triangle Securities Wealth Management now owns 11,377 shares of the financial services provider’s stock valued at $480,000 after acquiring an additional 245 shares during the last quarter. Finally, Citizens Financial Group Inc RI raised its stake in shares of Morgan Stanley by 46.2% during the first quarter. Citizens Financial Group Inc RI now owns 775 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 245 shares during the last quarter. 83.87% of the stock is owned by institutional investors and hedge funds.

A number of research firms recently issued reports on MS. Oppenheimer set a $312.00 price target on shares of UnitedHealth Group and gave the stock a “buy” rating in a research note on Friday, July 19th. Wells Fargo & Co reissued a “buy” rating on shares of Morgan Stanley in a research note on Wednesday, April 17th. Royal Bank of Canada set a GBX 5,200 ($67.95) price target on shares of London Stock Exchange Group and gave the stock a “buy” rating in a research note on Wednesday, April 24th. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Monday, May 13th. Finally, Citigroup raised shares of Infosys from a “neutral” rating to a “buy” rating in a research note on Friday, July 12th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. Morgan Stanley has an average rating of “Hold” and an average target price of $56.92.

MS stock opened at $45.74 on Friday. Morgan Stanley has a 1 year low of $36.74 and a 1 year high of $51.31. The company has a market capitalization of $76.95 billion, a P/E ratio of 9.92, a P/E/G ratio of 1.17 and a beta of 1.31. The business has a 50-day moving average of $43.81. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.60.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Thursday, July 18th. The financial services provider reported $1.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.10. The business had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $10.02 billion. Morgan Stanley had a net margin of 16.06% and a return on equity of 11.10%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.30 earnings per share. As a group, equities research analysts anticipate that Morgan Stanley will post 4.78 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date is Tuesday, July 30th. This is a boost from Morgan Stanley’s previous quarterly dividend of $0.30. Morgan Stanley’s dividend payout ratio is 26.03%.

About Morgan Stanley

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

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