Investors Buy Morgan Stanley (MS) on Weakness

Traders purchased shares of Morgan Stanley (NYSE:MS) on weakness during trading on Thursday. $55.97 million flowed into the stock on the tick-up and $36.24 million flowed out of the stock on the tick-down, for a money net flow of $19.73 million into the stock. Of all companies tracked, Morgan Stanley had the 31st highest net in-flow for the day. Morgan Stanley traded down ($0.10) for the day and closed at $54.87

Several equities analysts recently weighed in on MS shares. ValuEngine cut Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, April 24th. Royal Bank of Canada reissued a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Friday, January 19th. Sanford C. Bernstein started coverage on Morgan Stanley in a research report on Monday, April 9th. They set an “underperform” rating and a $51.00 price objective for the company. Zacks Investment Research raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Tuesday, April 24th. Finally, JPMorgan Chase reissued a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Thursday, March 15th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $55.40.

The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 2.75. The company has a market cap of $97.13 billion, a PE ratio of 14.98, a PEG ratio of 0.91 and a beta of 1.55.



Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Wednesday, April 18th. The financial services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.17. Morgan Stanley had a return on equity of 11.10% and a net margin of 15.09%. The company had revenue of $11.08 billion for the quarter, compared to analyst estimates of $10.37 billion. During the same period in the prior year, the company posted $1.00 EPS. The company’s revenue was up 13.7% compared to the same quarter last year. equities analysts forecast that Morgan Stanley will post 4.72 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Monday, April 30th were paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, April 27th. This represents a $1.00 annualized dividend and a dividend yield of 1.85%. Morgan Stanley’s dividend payout ratio is currently 27.78%.

Hedge funds have recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Morgan Stanley by 406.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,869 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 1,500 shares during the period. Exane Derivatives grew its stake in shares of Morgan Stanley by 303.9% in the 4th quarter. Exane Derivatives now owns 1,979 shares of the financial services provider’s stock valued at $104,000 after purchasing an additional 1,489 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of Morgan Stanley in the 1st quarter valued at approximately $113,000. Rainier Group Investment Advisory LLC bought a new stake in shares of Morgan Stanley in the 1st quarter valued at approximately $119,000. Finally, First Dallas Securities Inc. acquired a new position in shares of Morgan Stanley in the 4th quarter worth approximately $121,000. Institutional investors own 86.98% of the company’s stock.

About Morgan Stanley

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. The company operates through three segments: Institutional Securities, Wealth Management, and Investment Management.

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