Economy

Capital Growth Management Lp Marginally Raises Its Ownership in Morgan Stanley (MS)

Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider's stock valued at $108,000 after acquiring an additional 134 shares in the last quarter.

Investors are feeling more bearish on Morgan Stanley if you watch the increase in short interest. The institutional investor held 1.42 million shares of the investment bankers and brokers and service company at the end of 2017Q2, valued at $63.42M, up from 1.27M at the end of the previous reported quarter. Icon Advisers Inc. Co. lifted its position in Morgan Stanley Emerging Markets Fund by 185.6% in the third quarter. HBK Investments L P now owns 707,492 shares of the financial services provider's stock valued at $17,694,000 after buying an additional 625,092 shares during the period. Omnia Family Wealth LLC grew its holdings in shares of Morgan Stanley by 5.8% during the 2nd quarter. FMR LLC now owns 46,221,986 shares of the financial services provider's stock worth $1,980,150,000 after purchasing an additional 6,692,676 shares during the period. HBK Investments L P raised its stake in shares of Morgan Stanley by 758.6% in the first quarter. WFG Advisors LP now owns 2,690 shares of the financial services provider's stock valued at $120,000 after acquiring an additional 840 shares in the last quarter. Finally, WFG Advisors LP boosted its stake in shares of Morgan Stanley by 45.4% in the second quarter. Hedge funds and other institutional investors own 47.30% of the company's stock.

The company now has an insider ownership of 0.2 Percent and Institutional ownership of 63.9 Percent. The stock had a trading volume of 949,582 shares, compared to its average volume of 9,543,540. Morgan Stanley experienced its Day High at -5.61%, with its Day Low of 10.93%. The firm has a market cap of $88,153.16, a price-to-earnings ratio of 13.51, a PEG ratio of 1.12 and a beta of 1.66.

Morgan Stanley (NYSE:MS) closed its last session at $48.76. 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.

Currently, the 14-day ADX for Morgan Stanley Emerging Markets Debt (MSD) is sitting at 27.46. The company earned $8.91 billion during the quarter, compared to analyst estimates of $8.17 billion.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Evercore upgraded the shares of MS in report on Monday, August 31 to "Buy" rating. 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 of this dividend is Monday, October 30th. Morgan Stanley's dividend payout ratio (DPR) is presently 32.00%. At the time of writing, the 14-day ADX for Morgan Stanley Emerging Markets Fund Inc (MSF) is 15.66. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of US & worldwide copyright & trademark law. The legal version of this article can be accessed at https://stocknewstimes.com/2017/11/14/victory-capital-management-inc-reduces-holdings-in-morgan-stanley-ms.html. 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 value of $820,997.79. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 transaction, the president now owns 692,037 shares in the company, valued at approximately $35,010,151.83. The disclosure for this sale can be found here.

Several equities analysts have recently commented on the stock.

A number of brokerages have weighed in on MS. Barclays PLC reaffirmed a "hold" rating on shares of Morgan Stanley in a report on Saturday, July 9th. BMO Capital Markets maintained it with "Buy" rating and $61.0 target in Friday, October 6 report.

Among 7 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 2 have Buy rating, 0 Sell and 5 Hold.

October 9 investment analysts at Citigroup kept the company rating at "Neutral" targeting a price of $50.00.

Indicating how profitable Morgan Stanley NYSE is relative to its assets, the ROA value is displayed at 0.80%. The company combines global strength in investment banking and institutional sales and trading with strength in providing full-service and on-line brokerage services, investment and global asset management services and, primarily through its Discover Card brand, quality consumer credit products.



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