GSA Capital Partners LLP Decreases Holdings in Morgan Stanley (MS)

GSA Capital Partners LLP reduced its stake in Morgan Stanley (NYSE:MS) by 17.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,964 shares of the financial services provider’s stock after selling 13,590 shares during the period. GSA Capital Partners LLP’s holdings in Morgan Stanley were worth $3,033,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MS. DSAM Partners London Ltd bought a new position in shares of Morgan Stanley in the third quarter worth about $5,273,000. Davidson & Garrard Inc. lifted its holdings in shares of Morgan Stanley by 2.2% in the second quarter. Davidson & Garrard Inc. now owns 5,525 shares of the financial services provider’s stock worth $246,000 after acquiring an additional 120 shares during the last quarter. Calamos Wealth Management LLC bought a new position in shares of Morgan Stanley in the second quarter worth about $1,412,000. BB&T Corp lifted its holdings in shares of Morgan Stanley by 9.7% in the third quarter. BB&T Corp now owns 171,122 shares of the financial services provider’s stock worth $8,243,000 after acquiring an additional 15,162 shares during the last quarter. Finally, CAPROCK Group Inc. bought a new position in shares of Morgan Stanley in the third quarter worth about $220,000. Hedge funds and other institutional investors own 85.60% of the company’s stock.

In other Morgan Stanley news, Director Alistair Darling sold 3,850 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the transaction, the director now directly owns 14,218 shares in the company, valued at approximately $700,805.22. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Thomas Colm Kelleher sold 40,000 shares of the firm’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total value of $2,023,600.00. Following the transaction, the president now owns 692,037 shares in the company, valued at $35,010,151.83. The disclosure for this sale can be found here. Over the last quarter, insiders sold 85,247 shares of company stock worth $4,284,364. 0.35% of the stock is owned by company insiders.

A number of research firms have recently commented on MS. J P Morgan Chase & Co set a $53.00 target price on shares of Morgan Stanley and gave the stock a “buy” rating in a report on Friday, September 15th. Oppenheimer reaffirmed a “hold” rating on shares of Morgan Stanley in a research note on Tuesday, October 17th. Keefe, Bruyette & Woods raised Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $59.00 price objective for the company in a research note on Tuesday. Compass Point reaffirmed a “sell” rating and issued a $38.00 price objective (up previously from $34.00) on shares of Morgan Stanley in a research note on Monday, September 25th. Finally, raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a research report on Friday, September 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the stock. Morgan Stanley currently has a consensus rating of “Buy” and an average target price of $50.89.

Shares of Morgan Stanley (MS) traded down $0.67 during mid-day trading on Thursday, hitting $53.18. 10,568,300 shares of the stock traded hands, compared to its average volume of 9,366,074. The firm has a market cap of $97,355.36, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 1.26 and a beta of 1.64. Morgan Stanley has a one year low of $40.06 and a one year high of $54.25. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68.

Morgan Stanley (NYSE:MS) last issued its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.12. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The company had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.05 billion. During the same period last year, the business earned $0.80 EPS. Morgan Stanley’s quarterly revenue was up 3.2% compared to the same quarter last year. equities analysts expect that Morgan Stanley will post 3.57 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Monday, October 30th. Morgan Stanley’s dividend payout ratio is currently 27.70%.

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Morgan Stanley Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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

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