Timber Hill LLC Has $5.66 Million Stake in Morgan Stanley (MS)

Timber Hill LLC increased its position in Morgan Stanley (NYSE:MS) by 501.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,936 shares of the financial services provider’s stock after buying an additional 89,980 shares during the period. Timber Hill LLC’s holdings in Morgan Stanley were worth $5,663,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its position in Morgan Stanley by 14.2% during the fourth quarter. Bank of New York Mellon Corp now owns 12,643,249 shares of the financial services provider’s stock worth $663,392,000 after purchasing an additional 1,569,202 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Morgan Stanley by 2.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 12,276,170 shares of the financial services provider’s stock worth $644,130,000 after purchasing an additional 299,060 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Morgan Stanley by 18.3% during the third quarter. Dimensional Fund Advisors LP now owns 11,816,768 shares of the financial services provider’s stock worth $569,213,000 after purchasing an additional 1,828,697 shares during the last quarter. Epoch Investment Partners Inc. increased its position in Morgan Stanley by 2.0% during the third quarter. Epoch Investment Partners Inc. now owns 9,843,789 shares of the financial services provider’s stock worth $474,175,000 after purchasing an additional 189,953 shares during the last quarter. Finally, Legal & General Group Plc increased its position in Morgan Stanley by 1.8% during the third quarter. Legal & General Group Plc now owns 6,800,716 shares of the financial services provider’s stock worth $327,595,000 after purchasing an additional 116,997 shares during the last quarter. 86.32% of the stock is owned by institutional investors and hedge funds.

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

Morgan Stanley (NYSE MS) opened at $55.36 on Tuesday. The firm has a market cap of $99,690.00, a price-to-earnings ratio of 17.76, a PEG ratio of 0.95 and a beta of 1.54. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a 52 week low of $40.06 and a 52 week high of $58.05.

Morgan Stanley (NYSE:MS) last announced its earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.07. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.25 billion. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.81 earnings per share. analysts anticipate that Morgan Stanley will post 4.51 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.81%. Morgan Stanley’s dividend payout ratio (DPR) is presently 32.36%.

In related news, insider Keishi Hotsuki sold 25,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Alistair Darling sold 3,850 shares of the company’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $49.29, for a total transaction of $189,766.50. Following the completion of the sale, the director now directly owns 14,218 shares in the company, valued at $700,805.22. The disclosure for this sale can be found here. Insiders sold 268,104 shares of company stock valued at $14,524,785 over the last 90 days. Insiders own 0.24% of the company’s stock.

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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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