Victory Capital Management Inc. Reduces Holdings in Morgan Stanley (MS)

Marco Green
November 14, 2017

A number of hedge funds have recently modified their holdings of MS. Pictet Asset Management Ltd. raised its stake in shares of Morgan Stanley by 1.4% in the first quarter.

Short traders are feeling a little more bearish on shares of Morgan Stanley of late if you take a look at the change in short interest. V Wealth Management LLC purchased a new position in shares of Morgan Stanley during the 2nd quarter valued at $106,000. Victory Capital Management Inc.'s holdings in Morgan Stanley were worth $13,343,000 as of its most recent filing with the SEC. Morgan Stanley Emerging Markets Debt (MSD)'s Williams %R presently stands at -92.68. Stratos Wealth Partners LTD. now owns 15,777 shares of the financial services provider's stock valued at $676,000 after acquiring an additional 614 shares during the period. Omnia Family Wealth LLC grew its holdings in shares of Morgan Stanley by 5.8% during the 2nd quarter. Smithfield Trust Co. now owns 3,690 shares of the financial services provider's stock valued at $164,000 after acquiring an additional 42 shares in the last quarter. IPG Investment Advisors LLC now owns 12,800 shares of the financial services provider's stock worth $548,000 after purchasing an additional 7,650 shares during the period. Institutional investors and hedge funds own 85.33% of the company's stock. Atalanta Sosnoff Capital Llc bought 154,233 shares as the company's stock declined 9.43% while stock markets rallied. Morgan Stanley had 82 analyst reports since July 21, 2015 according to SRatingsIntel.

The market cap of 88.03B for Morgan Stanley in today's market indicated its current strength, making the company's shares a lucrative one.

On Friday, August 11th, City Of London Investment Grou sold 15,000 shares of Morgan Stanley Emerging Markets Fund stock. The financial services provider reported $0.93 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The firm had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.05 billion. During the same period in the prior year, the business posted $0.34 earnings per share.

Analysts await Morgan Stanley (NYSE:MS) to report earnings on January, 16. Shareholders of record on Monday, October 31st will be issued a $0.20 dividend. The return on assets stands at 0.8%, Return on Equity now is 9.5% and the Return on Investment value is 1.3%. The ex-dividend date is Thursday, October 27th. Morgan Stanley's dividend payout ratio is now 27.70%. Morgan Stanley (NYSE:MS) has risen 57.08% since November 14, 2016 and is uptrending. If you are viewing this article on another publication, it was copied illegally and republished in violation of USA and worldwide copyright and trademark legislation. The legal version of this article can be accessed at

In other news, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction dated Wednesday, October 18th.

The 20-day Simple Moving average for Morgan Stanley NYSE is measured to be -2.69% in conjunction with the 200-Day Simple Moving Average of 6.83%.

In other news, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction that occurred on Monday, October 23rd. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -2.69% from last close price of 48.63 and act as support or resistance of price limit. Following the completion of the sale, the chief operating officer now directly owns 246,043 shares in the company, valued at approximately $8,338,397.27. The disclosure for this sale can be found here.

Several blemishing value in the stock market possibly will oblige dedication of a person and lot of hard work. BMO Capital Markets lifted their target price on shares of Morgan Stanley from $58.00 to $61.00 and gave the company an "outperform" rating in a report on Thursday, July 20th. Finally, HSBC Holdings plc upgraded Morgan Stanley from a "hold" rating to a "buy" rating and set a $53.00 price target for the company in a research report on Friday, September 15th.

Among 7 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 2 have Buy rating, 0 Sell and 5 Hold. Morgan Stanley has an average rating of "Buy" and an average price target of $50.39.

Indicating how profitable Morgan Stanley NYSE is relative to its assets, the ROA value is displayed at 0.80%.

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