Morgan Stanley (MS) Shares Sold by Sadoff Investment Management LLC

Sadoff Investment Management LLC lessened its stake in shares of Morgan Stanley (NYSE:MS) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 708,140 shares of the financial services provider’s stock after selling 16,800 shares during the quarter. Morgan Stanley comprises approximately 3.0% of Sadoff Investment Management LLC’s portfolio, making the stock its 15th biggest position. Sadoff Investment Management LLC’s holdings in Morgan Stanley were worth $37,156,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Exane Derivatives grew its holdings in Morgan Stanley by 303.9% during the fourth quarter. Exane Derivatives now owns 1,979 shares of the financial services provider’s stock worth $104,000 after acquiring an additional 1,489 shares during the period. Invictus RG grew its holdings in Morgan Stanley by 307.5% in the third quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 1,762 shares during the last quarter. Rational Advisors LLC acquired a new stake in shares of Morgan Stanley during the third quarter valued at $116,000. Zions Bancorporation boosted its stake in shares of Morgan Stanley by 176.1% during the third quarter. Zions Bancorporation now owns 2,463 shares of the financial services provider’s stock valued at $119,000 after acquiring an additional 1,571 shares during the last quarter. Finally, WFG Advisors LP boosted its stake in shares of Morgan Stanley by 45.4% during the second quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 840 shares during the last quarter. Institutional investors and hedge funds own 86.55% of the company’s stock.

Several equities analysts recently weighed in on MS shares. Societe Generale set a $61.00 target price on Morgan Stanley and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Royal Bank of Canada restated a “buy” rating and issued a $60.00 price objective on shares of Morgan Stanley in a report on Friday, January 19th. Atlantic Securities upgraded Morgan Stanley from a “neutral” rating to an “overweight” rating and set a $61.00 price objective on the stock in a report on Wednesday, January 10th. UBS Group upgraded Morgan Stanley to an “overweight” rating in a report on Wednesday, January 10th. Finally, Credit Suisse Group upgraded Morgan Stanley to a “buy” rating and set a $58.00 target price for the company in a research note on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $54.07.

In other news, insider Keishi Hotsuki sold 25,000 shares of Morgan Stanley stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Alistair Darling sold 3,850 shares of Morgan Stanley stock in a transaction on Friday, November 24th. The shares were sold at an average price of $49.29, for a total value of $189,766.50. Following the transaction, the director now owns 14,218 shares in the company, valued at approximately $700,805.22. The disclosure for this sale can be found here. Insiders own 0.35% of the company’s stock.

Shares of Morgan Stanley (NYSE:MS) traded up $0.35 during trading on Thursday, reaching $55.40. The company’s stock had a trading volume of 1,322,970 shares, compared to its average volume of 9,935,104. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. The company has a market cap of $100,250.00, a P/E ratio of 17.87, a P/E/G ratio of 0.92 and a beta of 1.54. Morgan Stanley has a 52-week low of $40.06 and a 52-week high of $58.05.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.07. Morgan Stanley had a return on equity of 10.03% and a net margin of 14.10%. The company had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. equities research analysts predict that Morgan Stanley will post 4.51 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend is Tuesday, January 30th. Morgan Stanley’s payout ratio is 32.36%.

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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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