Billionaire James Dinan is Selling These 5 Stocks

In this article, we take a look at the 5 stocks Billionaire James Dinan is Selling. If you want to check out James Dinan’s history, investment philosophy, and hedge fund performance, go directly to Billionaire James Dinan is Selling These 10 Stocks. 

5. Morgan Stanley (NYSE:MS)

Number of Hedge Fund Holders: 65

Morgan Stanley (NYSE:MA) is an American multinational finance company headquartered in New York. Morgan Stanley (NYSE:MS) provides various services like wealth management, stock brokerage, financial advice, asset management, corporate lending, and capital raising. York Capital Management held 44,348 shares in Morgan Stanley (NYSE:MS) in the second quarter of 2021 which were sold in the following quarter. 

Morgan Stanley’s revenue in the third quarter stood at $14.75 billion beating analyst estimates by a huge margin of $799.47 million. The company’s growth until 2019 was somewhat unremarkable but it has seen a huge jump in growth since the year 2020. Its Growth Profit Margin stands at 89.21%. On December 3, Citi analyst Keith Horowitz upgraded Morgan Stanley (NYSE:MS) to Buy from ‘Neutral’ and set the price target at $115, up from $105. The analyst is “very constructive” on bank stocks.