Dynasty Wealth Management LLC Sells 6,655 Shares of Morgan Stanley (NYSE:MS)

Dynasty Wealth Management LLC cut its position in Morgan Stanley (NYSE:MS) by 31.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,519 shares of the financial services provider’s stock after selling 6,655 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Morgan Stanley were worth $1,825,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Peoples Bank KS bought a new stake in Morgan Stanley in the 4th quarter worth approximately $25,000. Rakuten Securities Inc. boosted its position in Morgan Stanley by 138.1% during the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock valued at $31,000 after buying an additional 174 shares during the period. Stonebridge Financial Group LLC bought a new position in shares of Morgan Stanley during the fourth quarter valued at about $35,000. Capital Performance Advisors LLP purchased a new position in shares of Morgan Stanley during the third quarter valued at approximately $36,000. Finally, Planning Capital Management Corp raised its holdings in Morgan Stanley by 115.1% in the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 191 shares in the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.

Morgan Stanley Price Performance

MS opened at $129.23 on Friday. Morgan Stanley has a 12-month low of $84.43 and a 12-month high of $142.03. 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 has a market capitalization of $208.19 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 1.18 and a beta of 1.37. The business’s fifty day simple moving average is $132.80 and its 200-day simple moving average is $120.78.

Morgan Stanley (NYSE:MS) last announced its earnings results on Thursday, January 16th. The financial services provider reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.68. The business had revenue of $16.23 billion during the quarter, compared to the consensus estimate of $15.03 billion. Morgan Stanley had a net margin of 12.48% and a return on equity of 14.39%. The firm’s revenue was up 25.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.13 earnings per share. On average, equities research analysts anticipate that Morgan Stanley will post 8.56 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were issued a $0.925 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.86%. Morgan Stanley’s dividend payout ratio is currently 46.60%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. HSBC lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $128.00 to $131.00 in a research note on Tuesday, November 26th. Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Evercore ISI increased their target price on Morgan Stanley from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. increased their price objective on shares of Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a research note on Monday, January 13th. Finally, Citigroup lifted their price objective on Morgan Stanley from $105.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, November 25th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Morgan Stanley presently has a consensus rating of “Hold” and a consensus price target of $131.27.

Insider Transactions at Morgan Stanley

In other Morgan Stanley news, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction dated 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 transaction, the chief financial officer now owns 81,440 shares in the company, valued at approximately $11,076,654.40. This trade represents a 17.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 transaction of $1,783,811.40. Following the sale, the insider now directly owns 197,444 shares in the company, valued at $26,891,872.80. This trade represents a 6.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

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.