KCS Wealth Advisory Acquires New Stake in Morgan Stanley (MS)

KCS Wealth Advisory acquired a new stake in shares of Morgan Stanley (NYSE:MS) in the fourth quarter, HoldingsChannel reports. The firm acquired 15,468 shares of the financial services provider’s stock, valued at approximately $812,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Invictus RG raised its position in Morgan Stanley by 307.5% in the third quarter. Invictus RG now owns 2,335 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 1,762 shares in the last quarter. Rational Advisors LLC acquired a new position in Morgan Stanley in the third quarter worth about $116,000. Zions Bancorporation raised its position in Morgan Stanley by 176.1% in the third quarter. Zions Bancorporation now owns 2,463 shares of the financial services provider’s stock worth $119,000 after purchasing an additional 1,571 shares in the last quarter. WFG Advisors LP raised its position in Morgan Stanley by 45.4% in the second quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 840 shares in the last quarter. Finally, BB&T Investment Services Inc. raised its position in Morgan Stanley by 163.1% in the third quarter. BB&T Investment Services Inc. now owns 2,655 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 1,646 shares in the last quarter. 85.49% of the stock is owned by institutional investors and hedge funds.

In other news, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the sale, the president now directly owns 692,037 shares of the company’s stock, valued at $35,010,151.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total transaction of $820,997.79. Following the sale, the insider now directly owns 111,776 shares in the company, valued at $5,596,624.32. The disclosure for this sale can be found here. Insiders have sold 85,247 shares of company stock worth $4,284,364 over the last three months. 0.24% of the stock is owned by insiders.

Several analysts have weighed in on MS shares. Keefe, Bruyette & Woods raised shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $59.00 price objective on the stock in a research note on Tuesday, December 12th. raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Friday, September 15th. Zacks Investment Research cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Morgan Stanley in a research note on Monday, November 20th. Finally, Barclays upped their price objective on shares of Morgan Stanley from $52.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $53.11.

Morgan Stanley (NYSE MS) traded up $0.92 on Friday, hitting $55.12. 8,997,830 shares of the stock traded hands, compared to its average volume of 7,821,667. Morgan Stanley has a twelve month low of $40.06 and a twelve month high of $55.14. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $99,650.00, a PE ratio of 15.23, a P/E/G ratio of 1.08 and a beta of 1.65.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 EPS for the quarter, beating 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 business had revenue of $9.20 billion for the quarter, compared to analysts’ expectations of $9.05 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. Morgan Stanley’s revenue was up 3.2% compared to the same quarter last year. sell-side analysts anticipate that Morgan Stanley will post 3.58 EPS for the current fiscal year.

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Morgan Stanley Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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