Public Employees Retirement System of Ohio Acquires 55,942 Shares of Morgan Stanley (NYSE:MS)

Public Employees Retirement System of Ohio boosted its stake in shares of Morgan Stanley (NYSE:MS) by 6.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 967,141 shares of the financial services provider’s stock after buying an additional 55,942 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.05% of Morgan Stanley worth $46,587,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of MS. Omnia Family Wealth LLC boosted its position in Morgan Stanley by 5.8% during the second quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock worth $108,000 after purchasing an additional 134 shares during the period. Invictus RG boosted its position in Morgan Stanley by 307.5% during the third quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 1,762 shares during the period. Rational Advisors LLC bought a new position in Morgan Stanley during the third quarter worth about $116,000. Zions Bancorporation boosted its position in Morgan Stanley by 176.1% during the third quarter. Zions Bancorporation now owns 2,463 shares of the financial services provider’s stock worth $119,000 after purchasing an additional 1,571 shares during the period. Finally, WFG Advisors LP boosted its position in Morgan Stanley by 45.4% during the second quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 840 shares during the period. Institutional investors own 85.49% of the company’s stock.

In other Morgan Stanley news, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the transaction, the president now directly owns 692,037 shares in the company, valued at $35,010,151.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total transaction of $820,997.79. Following the transaction, the insider now owns 111,776 shares in the company, valued at $5,596,624.32. The disclosure for this sale can be found here. Insiders sold 85,247 shares of company stock worth $4,284,364 over the last ninety days. 0.35% of the stock is currently owned by insiders.

Shares of Morgan Stanley (NYSE:MS) traded down $0.18 on Friday, reaching $52.47. 5,798,376 shares of the company were exchanged, compared to its average volume of 7,517,696. The stock has a market capitalization of $95,185.89, a P/E ratio of 14.53, a P/E/G ratio of 1.23 and a beta of 1.64. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. Morgan Stanley has a 1-year low of $40.06 and a 1-year high of $54.25.

Morgan Stanley (NYSE:MS) last announced its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.12. The business had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. Morgan Stanley’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the firm posted $0.80 earnings per share. research analysts anticipate that Morgan Stanley will post 3.58 EPS for the current year.

A number of equities analysts have weighed in on MS shares. Wells Fargo & Co set a $55.00 target price on shares of Morgan Stanley and gave the stock a “hold” rating in a research report on Wednesday, December 20th. Zacks Investment Research lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Friday. JPMorgan Chase & Co. set a $53.00 target price on shares of Morgan Stanley and gave the stock a “buy” rating in a research report on Friday, September 15th. Barclays increased their target price on shares of Morgan Stanley from $48.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 18th. Finally, Berenberg Bank reissued a “hold” rating and issued a $40.00 price target on shares of Morgan Stanley in a report on Thursday, September 21st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $51.70.

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About Morgan Stanley

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.

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

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