Analysts Set Morgan Stanley (NYSE:MS) PT at $54.45

Shares of Morgan Stanley (NYSE:MS) have been assigned a consensus rating of “Hold” from the eighteen analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $54.83.

A number of research firms have commented on MS. ValuEngine upgraded shares of Morgan Stanley from a “sell” rating to a “hold” rating in a report on Tuesday. Odeon Capital Group lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Pritchard Capital raised shares of Morgan Stanley to a “buy” rating and set a $48.00 price objective on the stock in a research report on Thursday, October 10th. BNP Paribas began coverage on Morgan Stanley in a research note on Tuesday. They issued a “buy” rating and a $59.00 target price for the company. Finally, Sandler O’Neill upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Thursday, October 10th.

Shares of Morgan Stanley stock traded up $0.73 on Tuesday, reaching $49.80. 9,487,295 shares of the company’s stock were exchanged, compared to its average volume of 10,509,749. The company has a market capitalization of $80.99 billion, a P/E ratio of 10.80, a price-to-earnings-growth ratio of 1.08 and a beta of 1.38. Morgan Stanley has a 52 week low of $36.74 and a 52 week high of $50.24. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.78 and a current ratio of 0.78. The firm’s 50-day moving average is $47.90 and its two-hundred day moving average is $43.96.

Morgan Stanley (NYSE:MS) last released its earnings results on Thursday, October 17th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.17. Morgan Stanley had a net margin of 15.99% and a return on equity of 10.86%. The company had revenue of $10.03 billion for the quarter, compared to the consensus estimate of $9.63 billion. During the same quarter in the previous year, the company earned $1.17 EPS. Morgan Stanley’s quarterly revenue was up 1.6% compared to the same quarter last year. On average, analysts expect that Morgan Stanley will post 4.74 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend was Wednesday, October 30th. Morgan Stanley’s dividend payout ratio is currently 30.37%.

In related news, major shareholder Ufj Financial Group Mitsubishi sold 49,000 shares of the firm’s stock in a transaction dated Sunday, September 15th. The shares were sold at an average price of $1.01, for a total value of $49,490.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Paul C. Wirth sold 25,000 shares of Morgan Stanley stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $49.08, for a total value of $1,227,000.00. Following the transaction, the chief financial officer now owns 146,816 shares of the company’s stock, valued at approximately $7,205,729.28. The disclosure for this sale can be found here. Insiders have sold 151,105 shares of company stock valued at $5,063,359 over the last quarter. Corporate insiders own 0.23% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of MS. Nuveen Asset Management LLC boosted its position in shares of Morgan Stanley by 1,929.5% during the second quarter. Nuveen Asset Management LLC now owns 16,566,955 shares of the financial services provider’s stock valued at $725,798,000 after buying an additional 15,750,661 shares during the last quarter. Vectors Research Management LLC lifted its stake in Morgan Stanley by 650,262.3% during the 3rd quarter. Vectors Research Management LLC now owns 3,590,000 shares of the financial services provider’s stock valued at $3,654,000 after acquiring an additional 3,589,448 shares in the last quarter. Eminence Capital LP purchased a new position in Morgan Stanley during the 2nd quarter worth $141,913,000. Renaissance Technologies LLC purchased a new position in Morgan Stanley during the 2nd quarter worth $59,323,000. Finally, Amundi Pioneer Asset Management Inc. grew its stake in shares of Morgan Stanley by 18.5% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 7,278,764 shares of the financial services provider’s stock worth $1,032,162,000 after acquiring an additional 1,134,651 shares in the last quarter. 84.04% of the stock is owned by hedge funds and other institutional investors.

Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates through Institutional Securities, Wealth Management, and Investment Management segments.

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Analyst Recommendations for Morgan Stanley (NYSE:MS)

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