Morgan Stanley was the Monday's loser among the largest U.S. Banks, with shares sliding 2% to close at 19.80. The shares have now returned 4% year-to-date. The shares returned 28% during 2013, following a 44% decline during 2011. The shares trade for 0.7 times their reported Sept. 30 tangible book value of $26.65, and for 10 times the consensus 2013 EPS estimate of $1.99. The consensus 2014 EPS estimate is $2.33. Morgan Stanley pays a quarterly dividend of a nickel a share, and investors are sure to be wondering whether or not the company will request Federal Reserve permission to increase its return of capital to investors, as part of the regulator's next round of annual stress tests, which will be completed in March. Bank of America Merrill Lynch analyst Michael Carrier has a neutral rating on Morgan Stanley, with a $20 price target, saying in November that there could be "upside potential" for Morgan Stanley to pay out a higher percentage of earnings, following the stress tests. Then again, the analyst also said that the possible regulatory approval for the company to complete its purchase of Citigroup's entire remaining stake in the Morgan Stanley Smith Barney joint venture could "mostly replace" common share buybacks.