Morgan Stanley (MS) Getting Somewhat Favorable News Coverage, Study Shows

Media headlines about Morgan Stanley (NYSE:MS) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Morgan Stanley earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.1825491584217 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of Morgan Stanley (NYSE:MS) traded up $0.27 during trading hours on Thursday, hitting $54.20. 8,309,920 shares of the company’s stock were exchanged, compared to its average volume of 7,990,000. The firm has a market cap of $97,990.00, a price-to-earnings ratio of 14.97, a P/E/G ratio of 1.08 and a beta of 1.65. Morgan Stanley has a 52 week low of $40.06 and a 52 week high of $54.48. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68.

Morgan Stanley (NYSE:MS) last issued its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.12. The company had revenue of $9.20 billion during the quarter, compared to analyst estimates of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. sell-side analysts expect that Morgan Stanley will post 3.58 earnings per share for the current year.

MS has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research note on Friday, September 15th. JPMorgan Chase & Co. set a $53.00 price objective on shares of Morgan Stanley and gave the stock a “buy” rating in a research note on Friday, September 15th. Berenberg Bank reaffirmed a “hold” rating and issued a $40.00 price objective on shares of Morgan Stanley in a research note on Thursday, September 21st. Finally, Compass Point reaffirmed a “sell” rating and issued a $38.00 price objective (up previously from $34.00) on shares of Morgan Stanley in a research note on Monday, September 25th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $53.11.

In other Morgan Stanley news, insider Jeffrey S. Brodsky sold 16,397 shares of Morgan Stanley stock in a transaction 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 completion of the sale, the insider now owns 111,776 shares of the company’s stock, valued at approximately $5,596,624.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Thomas Colm Kelleher sold 40,000 shares of Morgan Stanley stock in a transaction 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 approximately $35,010,151.83. The disclosure for this sale can be found here. Insiders have sold a total of 85,247 shares of company stock valued at $4,284,364 in the last three months. Company insiders own 0.24% of the company’s stock.

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About Morgan Stanley

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.

Insider Buying and Selling by Quarter for Morgan Stanley (NYSE:MS)

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