Morgan Stanley Out with Q4 Numbers

Marco Green
January 19, 2019

Wealth Management had net revenues of $4.14 billion, a decrease of 6%.

'In 2018 we achieved record revenues and earnings, and growth across each of our business segments - despite a challenging fourth quarter.

"While the global environment remains uncertain, our franchise is strong and we are well positioned to pursue growth opportunities and serve our clients", he added. Regentatlantic Capital LLC lifted its position in Morgan Stanley by 8.8% during the third quarter.

Several other large investors also recently bought and sold shares of MS. Kiwi Wealth Investments Limited Partnership purchased a new position in Morgan Stanley during the 3rd quarter valued at about $4,912,000.

What do Morgan Stanley Q4 results mean for their share price? HSBC downgraded Morgan Stanley from a "buy" rating to a "hold" rating and set a $54.00 target price on the a report on Tuesday, October 2nd. Credit Suisse Group lowered their price target on shares of Morgan Stanley from $62.00 to $58.00 and set an "outperform" rating for the company in a research report on Friday, December 7th. The massive selloff is the worst one-day drop since the USA financial crisis of 2009.

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the objective of comparing a Morgan Stanley (NYSE:MS)'s profitability or to compare the efficiency of different investments, hence, MS return on investment (ROI) is 1.50%.

Morgan Stanley (NYSE:MS) last posted its earnings results on Thursday, January 17th. Wells Fargo & Co raised shares of Morgan Stanley to a "buy ms" rating in a report on Thursday, December 20th.

LEADERS: Defense contractor Northrop Grumman gained 3 percent to $263.39 and Lockheed Martin rose 1.7 percent to $277.06 as industrial companies pulled the market higher. The financial services provider reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.16. Investors have cheered reports this week from Bank of America Corp., which has risen 15 percent year-to-date, Goldman Sachs Group Inc., up 18 percent, and Citigroup, up 19 percent.

Like other banks, Morgan Stanley struggled through the nauseating market movements that defined the last three months of 2018.

US stocks eked out gains on Thursday to consolidate near a one-month high, helped by advances in the healthcare and industrial sectors and as financials shrugged off Morgan Stanley's disappointing earnings. Wolfe Research began coverage on Morgan Stanley in a report on Tuesday, September 25th.

In an overall negative earnings season for banks, Morgan Stanley results continue the downward trend of bank stocks.

"The fourth quarter was hard", said Jonathan Pruzan, Morgan Stanley chief financial officer, during a conference call after the report was released.

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