Atria Wealth Solutions Inc. Has $6.08 Million Stake in Morgan Stanley (NYSE:MS)

Atria Wealth Solutions Inc. lifted its position in shares of Morgan Stanley (NYSE:MS) by 5.0% during the 4th quarter, HoldingsChannel reports. The fund owned 48,383 shares of the financial services provider’s stock after purchasing an additional 2,315 shares during the period. Atria Wealth Solutions Inc.’s holdings in Morgan Stanley were worth $6,083,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. DGS Capital Management LLC raised its position in Morgan Stanley by 1.8% during the 4th quarter. DGS Capital Management LLC now owns 4,408 shares of the financial services provider’s stock worth $554,000 after purchasing an additional 77 shares during the last quarter. Perfromance Wealth Partners LLC raised its position in Morgan Stanley by 2.7% during the 4th quarter. Perfromance Wealth Partners LLC now owns 3,004 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 78 shares during the last quarter. Quent Capital LLC raised its position in Morgan Stanley by 0.7% during the 4th quarter. Quent Capital LLC now owns 12,298 shares of the financial services provider’s stock worth $1,546,000 after purchasing an additional 80 shares during the last quarter. Avestar Capital LLC raised its position in Morgan Stanley by 0.6% during the 4th quarter. Avestar Capital LLC now owns 13,290 shares of the financial services provider’s stock worth $1,671,000 after purchasing an additional 80 shares during the last quarter. Finally, Kennebec Savings Bank raised its position in Morgan Stanley by 2.9% during the 4th quarter. Kennebec Savings Bank now owns 2,908 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Buying and Selling at Morgan Stanley

In other Morgan Stanley news, CFO Raja Akram sold 17,500 shares of Morgan Stanley stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $136.01, for a total transaction of $2,380,175.00. Following the completion of the transaction, the chief financial officer now owns 81,440 shares in the company, valued at approximately $11,076,654.40. The trade was a 17.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric F. Grossman sold 13,097 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $136.20, for a total value of $1,783,811.40. Following the completion of the transaction, the insider now owns 197,444 shares in the company, valued at $26,891,872.80. The trade was a 6.22 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MS has been the subject of several analyst reports. Keefe, Bruyette & Woods raised their target price on Morgan Stanley from $138.00 to $145.00 and gave the stock a “market perform” rating in a research report on Friday, January 17th. Hsbc Global Res lowered Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Evercore ISI lifted their price objective on Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. Barclays lifted their price objective on Morgan Stanley from $155.00 to $156.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Finally, JPMorgan Chase & Co. lifted their price objective on Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a research report on Monday, January 13th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $131.27.

Morgan Stanley Stock Performance

Shares of Morgan Stanley stock opened at $140.70 on Thursday. Morgan Stanley has a one year low of $84.43 and a one year high of $142.03. The firm has a market capitalization of $226.67 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 1.22 and a beta of 1.37. The business has a 50-day simple moving average of $132.16 and a 200 day simple moving average of $119.40. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Thursday, January 16th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.68. The business had revenue of $16.23 billion during the quarter, compared to the consensus estimate of $15.03 billion. Morgan Stanley had a return on equity of 14.39% and a net margin of 12.48%. The company’s quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. On average, research analysts anticipate that Morgan Stanley will post 8.56 earnings per share for the current fiscal year.

Morgan Stanley Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a dividend of $0.925 per share. The ex-dividend date was Friday, January 31st. This represents a $3.70 dividend on an annualized basis and a yield of 2.63%. Morgan Stanley’s dividend payout ratio (DPR) is currently 46.60%.

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.