Neutral Press Coverage Somewhat Likely to Impact Morgan Stanley (NYSE:MS) Share Price

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Media coverage about Morgan Stanley (NYSE:MS) has trended neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Morgan Stanley earned a media sentiment score of 0.50 on their scale. InfoTrie also gave media coverage about the financial services provider an news buzz score of 6 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Morgan Stanley’s ranking:

A number of brokerages recently commented on MS. Citigroup lowered their target price on shares of Morgan Stanley from $55.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Oppenheimer upped their price objective on shares of Morgan Stanley from $46.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Argus decreased their price objective on shares of Morgan Stanley from $64.00 to $48.00 and set a “buy” rating for the company in a research note on Friday, April 17th. DA Davidson upped their price objective on shares of Morgan Stanley from $35.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, Odeon Capital Group upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $47.28.

Shares of NYSE:MS opened at $40.13 on Friday. The company has a 50-day simple moving average of $38.36 and a 200-day simple moving average of $45.91. Morgan Stanley has a one year low of $27.20 and a one year high of $57.57. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market capitalization of $63.50 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 1.12 and a beta of 1.47.

Morgan Stanley (NYSE:MS) last announced its earnings results on Thursday, April 16th. The financial services provider reported $1.01 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.06). Morgan Stanley had a net margin of 16.01% and a return on equity of 10.62%. The business had revenue of $9.49 billion during the quarter, compared to analysts’ expectations of $9.82 billion. During the same period in the previous year, the company posted $1.33 earnings per share. Morgan Stanley’s quarterly revenue was down 7.8% on a year-over-year basis. As a group, research analysts forecast that Morgan Stanley will post 3.74 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, April 29th. This represents a $1.40 annualized dividend and a yield of 3.49%. Morgan Stanley’s dividend payout ratio is currently 28.11%.

In related news, insider Jeffrey S. Brodsky sold 18,174 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $40.57, for a total transaction of $737,319.18. Following the completion of the transaction, the insider now directly owns 141,863 shares of the company’s stock, valued at $5,755,381.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen J. Luczo purchased 50,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of $44.97 per share, with a total value of $2,248,500.00. Following the completion of the acquisition, the director now directly owns 174,121 shares of the company’s stock, valued at $7,830,221.37. The disclosure for this purchase can be found here. Corporate insiders own 0.26% 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 Institutional Securities, Wealth Management, and Investment Management segments.

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