BluePath Capital Management LLC raised its position in shares of Morgan Stanley (NYSE:MS – Free Report) by 15.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,952 shares of the financial services provider’s stock after purchasing an additional 1,352 shares during the period. BluePath Capital Management LLC’s holdings in Morgan Stanley were worth $1,234,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. lifted its holdings in shares of Morgan Stanley by 75.2% during the third quarter. Franklin Resources Inc. now owns 7,850,848 shares of the financial services provider’s stock worth $881,493,000 after buying an additional 3,369,520 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Morgan Stanley by 382.4% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,597,800 shares of the financial services provider’s stock valued at $166,555,000 after purchasing an additional 1,266,600 shares during the period. International Assets Investment Management LLC bought a new stake in Morgan Stanley in the 4th quarter valued at $89,761,000. Fisher Asset Management LLC grew its position in Morgan Stanley by 2.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,404,981 shares of the financial services provider’s stock worth $2,335,495,000 after purchasing an additional 590,872 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Morgan Stanley by 71.2% during the 3rd quarter. HighTower Advisors LLC now owns 1,370,572 shares of the financial services provider’s stock worth $140,077,000 after purchasing an additional 569,789 shares during the period. 84.19% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on MS. Hsbc Global Res cut shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Bank of America raised their price objective on Morgan Stanley from $140.00 to $146.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Jefferies Financial Group boosted their price objective on Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, October 17th. The Goldman Sachs Group raised their target price on Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Finally, Wells Fargo & Company raised shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $107.00 to $142.00 in a report on Friday, November 15th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Morgan Stanley presently has a consensus rating of “Hold” and a consensus target price of $126.07.
Morgan Stanley Trading Up 5.2 %
MS stock opened at $131.08 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a twelve month low of $83.09 and a twelve month high of $136.24. The company has a market cap of $211.17 billion, a P/E ratio of 19.95, a PEG ratio of 1.18 and a beta of 1.36. The business has a fifty day moving average of $128.74 and a 200-day moving average of $113.02.
Morgan Stanley (NYSE:MS – Get Free Report) last announced its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.31. The firm had revenue of $15.38 billion during the quarter, compared to analysts’ expectations of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. As a group, equities research analysts expect that Morgan Stanley will post 7.33 EPS for the current year.
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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.
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