Traders Sell Shares of Morgan Stanley (MS) on Strength (MS)

Investors sold shares of Morgan Stanley (NYSE:MS) on strength during trading hours on Thursday. $92.66 million flowed into the stock on the tick-up and $131.91 million flowed out of the stock on the tick-down, for a money net flow of $39.25 million out of the stock. Of all equities tracked, Morgan Stanley had the 0th highest net out-flow for the day. Morgan Stanley traded up $0.37 for the day and closed at $52.88

MS has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research report on Monday, September 11th. ValuEngine downgraded shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. J P Morgan Chase & Co set a $53.00 target price on shares of Morgan Stanley and gave the company a “buy” rating in a research report on Friday, September 15th. upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Friday, September 15th. Finally, Buckingham Research upped their target price on shares of Morgan Stanley from $54.00 to $57.00 and gave the company a “buy” rating in a research report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $51.70.

The stock has a market capitalization of $95,020.00, a PE ratio of 14.56, a price-to-earnings-growth ratio of 1.24 and a beta of 1.64. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.12. The business had revenue of $9.20 billion for the quarter, compared to the consensus estimate of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. Morgan Stanley’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the company posted $0.80 EPS. equities research analysts forecast that Morgan Stanley will post 3.59 earnings per share for the current fiscal year.

In related news, Director Alistair Darling sold 3,850 shares of the stock in a transaction that occurred on Friday, November 24th. The stock was 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 of the company’s stock, valued at approximately $700,805.22. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 value of $2,023,600.00. Following 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. Insiders sold a total of 85,247 shares of company stock worth $4,284,364 over the last quarter. 0.35% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of MS. Advisors Asset Management Inc. increased its stake in Morgan Stanley by 8.7% during the 2nd quarter. Advisors Asset Management Inc. now owns 19,078 shares of the financial services provider’s stock worth $850,000 after purchasing an additional 1,533 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Morgan Stanley by 14.8% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 42,580 shares of the financial services provider’s stock worth $1,897,000 after acquiring an additional 5,500 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Morgan Stanley by 15.8% during the 2nd quarter. Parallel Advisors LLC now owns 5,690 shares of the financial services provider’s stock worth $267,000 after acquiring an additional 776 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of Morgan Stanley by 2.2% during the 2nd quarter. Prudential Financial Inc. now owns 3,583,009 shares of the financial services provider’s stock worth $159,658,000 after acquiring an additional 78,160 shares in the last quarter. Finally, Intrust Bank NA bought a new position in shares of Morgan Stanley during the 2nd quarter worth approximately $210,000. 85.49% of the stock is owned by institutional investors and hedge funds.

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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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