Annex Advisory Services LLC Has $31.77 Million Stock Holdings in Morgan Stanley (NYSE:MS)

Annex Advisory Services LLC trimmed its position in Morgan Stanley (NYSE:MS) by 3.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 252,714 shares of the financial services provider’s stock after selling 8,405 shares during the period. Morgan Stanley comprises approximately 1.0% of Annex Advisory Services LLC’s portfolio, making the stock its 24th largest holding. Annex Advisory Services LLC’s holdings in Morgan Stanley were worth $31,771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MS. Sivia Capital Partners LLC lifted its stake in shares of Morgan Stanley by 3.3% in the 4th quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock valued at $346,000 after purchasing an additional 87 shares during the period. Cardinal Point Capital Management ULC lifted its stake in Morgan Stanley by 3.5% in the fourth quarter. Cardinal Point Capital Management ULC now owns 2,697 shares of the financial services provider’s stock valued at $339,000 after buying an additional 90 shares during the period. Mason & Associates Inc boosted its holdings in Morgan Stanley by 2.9% during the fourth quarter. Mason & Associates Inc now owns 3,177 shares of the financial services provider’s stock worth $399,000 after buying an additional 90 shares during the last quarter. Bank of New Hampshire grew its position in shares of Morgan Stanley by 1.5% during the 4th quarter. Bank of New Hampshire now owns 6,313 shares of the financial services provider’s stock worth $794,000 after buying an additional 93 shares during the period. Finally, Rosenberg Matthew Hamilton increased its stake in shares of Morgan Stanley by 2.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock valued at $391,000 after acquiring an additional 96 shares during the last quarter. 84.19% of the stock is owned by institutional investors.

Morgan Stanley Stock Performance

Shares of MS opened at $137.78 on Monday. The stock has a market capitalization of $221.97 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 0.97 and a beta of 1.36. Morgan Stanley has a 12 month low of $83.09 and a 12 month high of $138.08. The firm has a fifty day simple moving average of $129.05 and a 200 day simple moving average of $113.67. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Thursday, January 16th. The financial services provider reported $2.22 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.68. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. The company had revenue of $16.23 billion during the quarter, compared to analysts’ expectations of $15.03 billion. During the same quarter last year, the company earned $1.13 EPS. Morgan Stanley’s revenue for the quarter was up 25.9% compared to the same quarter last year. Research analysts forecast that Morgan Stanley will post 7.39 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.925 per share. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date is Friday, January 31st. Morgan Stanley’s dividend payout ratio is currently 56.32%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Jefferies Financial Group boosted their price objective on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, October 17th. Wells Fargo & Company raised shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $107.00 to $142.00 in a report on Friday, November 15th. Evercore ISI raised their price objective on Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday. Royal Bank of Canada boosted their target price on Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research note on Thursday, October 17th. Finally, Keefe, Bruyette & Woods lifted their price objective on Morgan Stanley from $138.00 to $145.00 and gave the company a “market perform” rating in a report on Friday. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Morgan Stanley currently has an average rating of “Hold” and a consensus price target of $129.40.

Morgan Stanley 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.