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Argent Trust Co sold 361 Morgan Stanley shares, but the company beat earnings despite a slight stock price drop.
Argent Trust Co has reduced its holdings of Morgan Stanley (NYSE:MS) shares by selling 361 shares, now owning 137,942 shares.
Despite a slight stock dip to $107.72, Morgan Stanley beat earnings estimates with $2.22 per share, up 25.9% in revenue year-over-year.
The company has a market cap of $173.73 billion and a dividend yield of 3.31%.
Institutional investors own 84.19% of the stock.
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Argent Trust Co vendió 361 acciones de Morgan Stanley, pero la compañía superó las ganancias a pesar de una ligera caída del precio de las acciones.