Shares of Morgan Stanley (NYSE:MS) have received an average recommendation of “Buy” from the twenty-seven analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $50.13.
MS has been the subject of a number of research analyst reports. set a $54.00 price target on Morgan Stanley and gave the company a “hold” rating in a research note on Friday, August 11th. ValuEngine cut Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a research note on Monday, September 11th. J P Morgan Chase & Co set a $53.00 price target on Morgan Stanley and gave the company a “buy” rating in a research note on Friday, September 15th. Finally, Berenberg Bank reiterated a “hold” rating and issued a $40.00 price target on shares of Morgan Stanley in a research note on Thursday, September 21st.
Shares of Morgan Stanley (MS) opened at $52.35 on Friday. 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 has a 12 month low of $40.06 and a 12 month high of $53.37. The company has a market capitalization of $93,450.30, a PE ratio of 14.32, a price-to-earnings-growth ratio of 1.19 and a beta of 1.64.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend was Monday, October 30th. Morgan Stanley’s payout ratio is 27.70%.
In related news, insider Jeffrey S. Brodsky sold 16,397 shares of Morgan Stanley stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $50.07, for a total transaction of $820,997.79. Following the completion of the transaction, the insider now directly owns 111,776 shares in the company, valued at $5,596,624.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Alistair Darling sold 3,850 shares of Morgan Stanley stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $49.29, for a total value of $189,766.50. Following the transaction, the director now owns 14,218 shares of the company’s stock, valued at $700,805.22. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,247 shares of company stock valued at $4,284,364. 0.35% of the stock is owned by company insiders.
A number of hedge funds have recently made changes to their positions in the stock. Smithfield Trust Co. boosted its stake in shares of Morgan Stanley by 1.2% in the second quarter. Smithfield Trust Co. now owns 3,690 shares of the financial services provider’s stock worth $164,000 after acquiring an additional 42 shares during the last quarter. Catamount Wealth Management boosted its stake in shares of Morgan Stanley by 0.3% in the second quarter. Catamount Wealth Management now owns 32,477 shares of the financial services provider’s stock worth $1,447,000 after acquiring an additional 100 shares during the last quarter. HM Payson & Co. boosted its stake in shares of Morgan Stanley by 1.4% in the second quarter. HM Payson & Co. now owns 7,457 shares of the financial services provider’s stock worth $332,000 after acquiring an additional 106 shares during the last quarter. Davidson & Garrard Inc. boosted its stake in shares of Morgan Stanley by 2.2% in the second quarter. Davidson & Garrard Inc. now owns 5,525 shares of the financial services provider’s stock worth $246,000 after acquiring an additional 120 shares during the last quarter. Finally, Omnia Family Wealth LLC boosted its stake in shares of Morgan Stanley by 5.8% in the second quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock worth $108,000 after acquiring an additional 134 shares during the last quarter. Institutional investors own 85.60% of the company’s stock.
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Morgan Stanley Company 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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