New England Research & Management Inc. Purchases Shares of 19,150 Morgan Stanley (MS)

New England Research & Management Inc. purchased a new stake in shares of Morgan Stanley (NYSE:MS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,150 shares of the financial services provider’s stock, valued at approximately $1,005,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Invictus RG raised its holdings in shares of Morgan Stanley by 307.5% during the third quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 1,762 shares during the period. Rational Advisors LLC acquired a new stake in shares of Morgan Stanley during the third quarter valued at approximately $116,000. Omnia Family Wealth LLC raised its holdings in shares of Morgan Stanley by 5.8% during the second quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 134 shares during the period. Zions Bancorporation raised its holdings in shares of Morgan Stanley by 176.1% during the third quarter. Zions Bancorporation now owns 2,463 shares of the financial services provider’s stock valued at $119,000 after acquiring an additional 1,571 shares during the period. Finally, BB&T Investment Services Inc. raised its holdings in shares of Morgan Stanley by 163.1% during the third quarter. BB&T Investment Services Inc. now owns 2,655 shares of the financial services provider’s stock valued at $127,000 after acquiring an additional 1,646 shares during the period. Institutional investors and hedge funds own 85.49% of the company’s stock.

Morgan Stanley (NYSE MS) traded down $0.22 during mid-day trading on Tuesday, reaching $52.89. 6,681,300 shares of the company’s stock traded hands, compared to its average volume of 7,087,220. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $96,310.00, a P/E ratio of 14.61, a price-to-earnings-growth ratio of 1.08 and a beta of 1.65. Morgan Stanley has a 12 month low of $40.06 and a 12 month high of $54.25.

Morgan Stanley (NYSE:MS) last posted its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 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 the consensus estimate of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 earnings per share. sell-side analysts expect that Morgan Stanley will post 3.58 earnings per share for the current fiscal year.

A number of equities research analysts have recently issued reports on the stock. Societe Generale lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Tuesday. Vining Sparks reiterated a “buy” rating and issued a $60.00 price objective on shares of Morgan Stanley in a research note on Monday. Credit Suisse Group upgraded shares of Morgan Stanley to a “buy” rating and set a $58.00 price objective on the stock in a research note on Thursday, January 4th. Oppenheimer reiterated a “hold” rating on shares of Morgan Stanley in a research note on Tuesday, October 17th. Finally, Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $52.75.

In other Morgan Stanley news, Director Alistair Darling sold 3,850 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $49.29, for a total value 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 $700,805.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00. The disclosure for this sale can be found here. Insiders sold 85,247 shares of company stock valued at $4,284,364 over the last three months. Insiders own 0.24% of the company’s stock.

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Morgan Stanley 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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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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