Rockefeller Capital Management L.P. Increases Holdings in Morgan Stanley (NYSE:MS)

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Rockefeller Capital Management L.P. lifted its position in Morgan Stanley (NYSE:MS) by 371.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,513 shares of the financial services provider’s stock after purchasing an additional 5,920 shares during the period. Rockefeller Capital Management L.P.’s holdings in Morgan Stanley were worth $317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of MS. ValueAct Holdings L.P. increased its holdings in Morgan Stanley by 26.0% during the 4th quarter. ValueAct Holdings L.P. now owns 26,228,561 shares of the financial services provider’s stock valued at $1,039,962,000 after purchasing an additional 5,418,091 shares in the last quarter. Norges Bank bought a new stake in shares of Morgan Stanley during the fourth quarter worth approximately $676,319,000. Geode Capital Management LLC boosted its stake in shares of Morgan Stanley by 6.0% in the fourth quarter. Geode Capital Management LLC now owns 16,970,026 shares of the financial services provider’s stock valued at $671,686,000 after buying an additional 956,583 shares during the period. Northern Trust Corp boosted its stake in shares of Morgan Stanley by 3.2% in the fourth quarter. Northern Trust Corp now owns 15,267,378 shares of the financial services provider’s stock valued at $605,353,000 after buying an additional 476,018 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its stake in Morgan Stanley by 4,072.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,548,246 shares of the financial services provider’s stock worth $342,000 after purchasing an additional 13,223,517 shares during the last quarter. Hedge funds and other institutional investors own 83.86% of the company’s stock.

Shares of MS stock traded down $0.75 on Wednesday, reaching $42.92. 2,218,122 shares of the company were exchanged, compared to its average volume of 11,612,854. The stock has a market capitalization of $71.83 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 0.99 and a beta of 1.33. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.80 and a quick ratio of 0.80. Morgan Stanley has a one year low of $36.74 and a one year high of $52.36.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.17 by $0.16. Morgan Stanley had a net margin of 16.75% and a return on equity of 11.45%. The business had revenue of $10.29 billion for the quarter, compared to analysts’ expectations of $9.96 billion. During the same quarter last year, the firm earned $1.45 EPS. The firm’s revenue for the quarter was down 7.1% compared to the same quarter last year. On average, analysts anticipate that Morgan Stanley will post 4.79 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, April 29th. This represents a $1.20 annualized dividend and a yield of 2.80%. Morgan Stanley’s payout ratio is 26.03%.

Several brokerages have recently issued reports on MS. ValuEngine downgraded shares of Morgan Stanley from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Royal Bank of Canada set a $60.00 price target on shares of Morgan Stanley and gave the stock a “buy” rating in a report on Wednesday, April 24th. BMO Capital Markets increased their price objective on Morgan Stanley to $68.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. Citigroup downgraded Morgan Stanley from a “buy” rating to a “neutral” rating and set a $48.00 price objective for the company. in a report on Thursday, April 18th. Finally, Wells Fargo & Co restated a “buy” rating on shares of Morgan Stanley in a report on Wednesday, April 17th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. Morgan Stanley presently has a consensus rating of “Hold” and an average target price of $56.24.

In other Morgan Stanley news, insider Daniel A. Simkowitz purchased 7,000 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were acquired at an average price of $47.57 per share, with a total value of $332,990.00. Following the transaction, the insider now owns 193,089 shares in the company, valued at $9,185,243.73. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is currently owned by company insiders.

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About Morgan Stanley

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. The company operates through Institutional Securities, Wealth Management, and Investment Management segments.

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

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