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

Share on StockTwits

Traders sold shares of Morgan Stanley (NYSE:MS) on strength during trading hours on Thursday. $100.39 million flowed into the stock on the tick-up and $145.73 million flowed out of the stock on the tick-down, for a money net flow of $45.34 million out of the stock. Of all equities tracked, Morgan Stanley had the 29th highest net out-flow for the day. Morgan Stanley traded up $1.10 for the day and closed at $48.29

Several research firms recently issued reports on MS. ValuEngine lowered Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Tuesday, April 24th. Zacks Investment Research lowered Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. JPMorgan Chase & Co. reissued a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research note on Tuesday, June 12th. Cfra reissued a “buy” rating and set a $65.00 price objective on shares of Morgan Stanley in a research note on Thursday, June 21st. Finally, Barclays lifted their price objective on Morgan Stanley from $62.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, April 19th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Morgan Stanley currently has an average rating of “Buy” and a consensus price target of $56.90.

The company has a debt-to-equity ratio of 2.75, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market capitalization of $84.60 billion, a PE ratio of 13.41, a PEG ratio of 0.80 and a beta of 1.50.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, April 18th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $11.08 billion during the quarter, compared to analyst estimates of $10.37 billion. During the same quarter in the previous year, the company posted $1.00 earnings per share. The company’s revenue was up 13.7% compared to the same quarter last year. equities analysts predict that Morgan Stanley will post 4.71 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Morgan Stanley by 35.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 70,502 shares of the financial services provider’s stock valued at $3,699,000 after acquiring an additional 18,459 shares during the last quarter. Eagle Global Advisors LLC lifted its stake in shares of Morgan Stanley by 77.6% in the 4th quarter. Eagle Global Advisors LLC now owns 228,100 shares of the financial services provider’s stock valued at $11,968,000 after acquiring an additional 99,637 shares during the last quarter. Ascend Capital LLC bought a new stake in shares of Morgan Stanley in the 4th quarter valued at about $6,259,000. Amalgamated Bank lifted its stake in shares of Morgan Stanley by 7.3% in the 4th quarter. Amalgamated Bank now owns 164,256 shares of the financial services provider’s stock valued at $8,619,000 after acquiring an additional 11,146 shares during the last quarter. Finally, Investors Research Corp bought a new stake in shares of Morgan Stanley in the 4th quarter valued at about $778,000. 85.23% of the stock is owned by hedge funds and other institutional investors.

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

Receive News & Ratings for Morgan Stanley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Budbo Reaches Market Capitalization of $0.00
Budbo Reaches Market Capitalization of $0.00
BitMart Token  Price Tops $0.0529 on Major Exchanges
BitMart Token Price Tops $0.0529 on Major Exchanges
Analysts Expect CarMax, Inc  to Post $1.21 Earnings Per Share
Analysts Expect CarMax, Inc to Post $1.21 Earnings Per Share
$0.48 Earnings Per Share Expected for Bed Bath & Beyond Inc.  This Quarter
$0.48 Earnings Per Share Expected for Bed Bath & Beyond Inc. This Quarter
Investar  Earning Somewhat Favorable Press Coverage, Study Shows
Investar Earning Somewhat Favorable Press Coverage, Study Shows
Provident Bancorp  Receiving Somewhat Favorable Press Coverage, Study Finds
Provident Bancorp Receiving Somewhat Favorable Press Coverage, Study Finds


© 2006-2018 Ticker Report. Google+.