Bogart Wealth LLC Acquires 138 Shares of Morgan Stanley (NYSE:MS)

Bogart Wealth LLC increased its holdings in shares of Morgan Stanley (NYSE:MS) by 14.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,108 shares of the financial services provider’s stock after buying an additional 138 shares during the period. Bogart Wealth LLC’s holdings in Morgan Stanley were worth $139,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MS. Catalyst Financial Partners LLC grew its holdings in Morgan Stanley by 1.4% during the fourth quarter. Catalyst Financial Partners LLC now owns 6,735 shares of the financial services provider’s stock valued at $847,000 after purchasing an additional 90 shares during the period. Asset Management One Co. Ltd. grew its holdings in Morgan Stanley by 13.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 572,022 shares of the financial services provider’s stock valued at $72,504,000 after purchasing an additional 68,253 shares during the period. Aries Wealth Management acquired a new position in Morgan Stanley during the fourth quarter valued at approximately $215,000. Avestar Capital LLC grew its holdings in Morgan Stanley by 0.6% during the fourth quarter. Avestar Capital LLC now owns 13,290 shares of the financial services provider’s stock valued at $1,671,000 after purchasing an additional 80 shares during the period. Finally, AFT Forsyth & Company Inc. grew its holdings in Morgan Stanley by 8.0% during the fourth quarter. AFT Forsyth & Company Inc. now owns 2,685 shares of the financial services provider’s stock valued at $338,000 after purchasing an additional 200 shares during the period. 84.19% of the stock is owned by institutional investors.

Insider Transactions at Morgan Stanley

In related news, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The shares were 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 owns 81,440 shares of the company’s stock, valued at approximately $11,076,654.40. The trade was a 17.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Eric F. Grossman sold 13,097 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $136.20, for a total transaction of $1,783,811.40. Following the completion of the transaction, the insider now owns 197,444 shares in the company, valued at approximately $26,891,872.80. This trade represents a 6.22 % decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MS shares. Barclays boosted their price objective on shares of Morgan Stanley from $155.00 to $156.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Wells Fargo & Company upgraded shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $107.00 to $142.00 in a report on Friday, November 15th. Hsbc Global Res cut shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. HSBC cut shares of Morgan Stanley from a “buy” rating to a “hold” rating and upped their price target for the company from $128.00 to $131.00 in a report on Tuesday, November 26th. Finally, UBS Group upped their price target on shares of Morgan Stanley from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, January 21st. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $131.27.

Morgan Stanley Price Performance

Shares of MS opened at $139.19 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The company’s fifty day simple moving average is $131.22 and its 200 day simple moving average is $118.20. Morgan Stanley has a 1-year low of $84.41 and a 1-year high of $142.03. The company has a market cap of $224.24 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 1.24 and a beta of 1.37.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, topping 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 company 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. Morgan Stanley’s revenue for the quarter was up 25.9% compared to the same quarter last year. On average, research analysts forecast that Morgan Stanley will post 8.56 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were given a $0.925 dividend. The ex-dividend date was Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.66%. Morgan Stanley’s payout ratio is 46.60%.

Morgan Stanley 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.