Somewhat Positive Press Coverage Somewhat Unlikely to Affect Morgan Stanley (MS) Stock Price

News headlines about Morgan Stanley (NYSE:MS) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Morgan Stanley earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.0861716048087 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have impacted Accern’s scoring:

Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Wednesday. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Morgan Stanley in a report on Tuesday, October 17th. HSBC Holdings plc set a $54.00 target price on shares of Morgan Stanley and gave the company a “hold” rating in a report on Friday, August 11th. Wells Fargo & Company assumed coverage on shares of Morgan Stanley in a report on Wednesday, August 9th. They issued a “market perform” rating and a $48.00 target price for the company. Finally, BMO Capital Markets reiterated a “top pick” rating and issued a $69.00 target price on shares of Morgan Stanley in a report on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $50.39.

Morgan Stanley (NYSE:MS) last released its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.12. The company had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.11%. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.80 EPS.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Monday, October 30th. Morgan Stanley’s dividend payout ratio is 27.70%.

In related news, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total value of $820,997.79. Following the completion of the sale, the insider now directly owns 111,776 shares of the company’s stock, valued at approximately $5,596,624.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the completion of the sale, the president now directly owns 692,037 shares of the company’s stock, valued at $35,010,151.83. The disclosure for this sale can be found here. Corporate insiders own 0.35% of the company’s stock.

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Morgan Stanley Company Profile

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.

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