Morgan Stanley (NYSE:MS) Broker Price Targets For The Coming Week

Marco Green
October 22, 2017

It dived, as 71 investors sold Morgan Stanley shares while 297 reduced holdings. On October 18 Barclays kept the stock rating at "Equal-Weight" but moved up the price target from $32.00 to $52.00. ValuEngine downgraded shares of Morgan Stanley from a "strong-buy" rating to a "buy" rating in a research report on Friday, September 1st.

According to the the latest analyst ratings which have been released, 5 brokers have issued a rating of "buy", 12 brokers "outperform", 10 brokers "hold", 0 brokers "underperform" and 1 brokers "sell". On October 9 the stock rating was upgraded to "Neutral" from "Neutral" and a price target of $50.00 was set in a report issued by Credit Suisse.

Meeder Asset Mngmt owns 0.42% invested in Morgan Stanley (NYSE:MS) for 99,315 shares. About 8.45M shares traded or 7.37% up from the average. The stock carved out a 52-week low down at $32.18. The company holds 1.85 billion outstanding shares and 1.4 billion shares are floating in market. The company has a 50 day moving average price of $41.81 and a 200 day moving average price of $33.01. BlackRock Inc. raised its holdings in Morgan Stanley by 1.0% during the 2nd quarter. Analysts are forecasting earnings of $0.81 on a per share basis this quarter. 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 10.11%. Next quarter's EPS is forecasted at $1.09 with next year's EPS anticipated to be $4.01.

Morgan Stanley (MS) stock directed 51.20% toward a higher level throughout previous year and swapped 3.97% toward a strong spot during past one month. Morgan Stanley (MS) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and worldwide trademark and copyright law. Additionally the company recently declared a dividend for shareholders that was paid on Tuesday August 15th, 2017. This represents a $1.00 annualized dividend and a yield of 1.97%. The ex-dividend date was set for Thursday the 27th of July 2017. Morgan Stanley's dividend payout ratio is now 27.70%. This buyback authorization permits the financial services provider to repurchase up to 6.1% of its shares through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued. The shares were sold at an average price of $50.07, for a total value of $820,997.79. Following the completion of the transaction, the insider now owns 111,776 shares in the company, valued at approximately $5,596,624.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

In other Morgan Stanley news, insider Jeffrey S. Brodsky sold 16,397 shares of the firm's stock in a transaction dated Wednesday, October 18th. They now have a Dollars 52 price target on the stock. Institutional investors own 85.17% of the company's stock. The disclosure for this sale can be found here. The stock increased 1.81% or $0.9 on October 20, reaching $50.68.

A number of other hedge funds also recently made changes to their positions in the business. ValueAct Holdings L.P. bought a new stake in shares of Morgan Stanley during the second quarter valued at approximately $987,240,000. Westpac Banking Corp lifted its position in shares of Morgan Stanley by 28.5% in the 1st quarter. Janus Capital Management LLC now owns 8,133,460 shares of the financial services provider's stock valued at $211,307,000 after buying an additional 3,953,641 shares during the last quarter.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Wednesday, October 19th. FMR LLC now owns 46,221,986 shares of the financial services provider's stock valued at $1,980,150,000 after buying an additional 6,692,676 shares during the last quarter. Omnia Family Wealth LLC raised its holdings in Morgan Stanley by 5.8% during the 2nd quarter. Westpac Banking Corp now owns 330,925 shares of the financial services provider's stock worth $9,425,000 after acquiring an additional 73,424 shares during the period. Janus Capital Management LLC increased its stake in shares of Morgan Stanley by 94.6% in the second quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider's stock worth $108,000 after purchasing an additional 134 shares during the last quarter.

Let's have a look at some of the important valuation ratios of the Morgan Stanley (MS). The Business's segments include Institutional Securities, Wealth Management and Investment Management.

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