Shares of Morgan Stanley (NYSE:MS – Get Free Report) have received an average rating of “Hold” from the twenty research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $101.45.
A number of analysts recently commented on the stock. BMO Capital Markets lifted their target price on shares of Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a research note on Thursday, July 18th. Bank of America raised their price target on shares of Morgan Stanley from $100.00 to $106.00 and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Wells Fargo & Company lowered shares of Morgan Stanley from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $99.00 to $95.00 in a research report on Friday. HSBC raised their price target on shares of Morgan Stanley from $100.00 to $102.00 and gave the stock a “hold” rating in a research report on Friday, April 19th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 17th.
View Our Latest Report on Morgan Stanley
Insiders Place Their Bets
Institutional Trading of Morgan Stanley
Several institutional investors and hedge funds have recently bought and sold shares of MS. Viewpoint Capital Management LLC raised its holdings in shares of Morgan Stanley by 0.9% during the 2nd quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock valued at $1,197,000 after buying an additional 104 shares during the period. WR Wealth Planners LLC raised its holdings in shares of Morgan Stanley by 24.4% during the 2nd quarter. WR Wealth Planners LLC now owns 541 shares of the financial services provider’s stock valued at $53,000 after buying an additional 106 shares during the period. Waldron Private Wealth LLC raised its holdings in shares of Morgan Stanley by 1.4% during the 2nd quarter. Waldron Private Wealth LLC now owns 7,965 shares of the financial services provider’s stock valued at $774,000 after buying an additional 111 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of Morgan Stanley by 1.1% during the 1st quarter. Venturi Wealth Management LLC now owns 10,553 shares of the financial services provider’s stock valued at $994,000 after buying an additional 112 shares during the period. Finally, Checchi Capital Advisers LLC raised its holdings in shares of Morgan Stanley by 0.7% during the 2nd quarter. Checchi Capital Advisers LLC now owns 15,410 shares of the financial services provider’s stock valued at $1,498,000 after buying an additional 113 shares during the period. 84.19% of the stock is currently owned by hedge funds and other institutional investors.
Morgan Stanley Stock Down 5.8 %
MS stock opened at $95.85 on Monday. The firm has a 50 day moving average of $99.71 and a 200 day moving average of $93.73. The stock has a market capitalization of $155.77 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 1.05 and a beta of 1.38. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.97. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $109.11.
Morgan Stanley (NYSE:MS – Get Free Report) last released its earnings results on Tuesday, July 16th. The financial services provider reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.17. The company had revenue of $15.02 billion during the quarter, compared to analysts’ expectations of $14.32 billion. Morgan Stanley had a net margin of 10.17% and a return on equity of 11.90%. Morgan Stanley’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the business earned $1.24 EPS. Sell-side analysts forecast that Morgan Stanley will post 7 earnings per share for the current year.
Morgan Stanley Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be paid a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, July 31st. This is a boost from Morgan Stanley’s previous quarterly dividend of $0.85. Morgan Stanley’s payout ratio is 67.40%.
Morgan Stanley Company Profile
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.
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