Research Analysts Issue Forecasts for Morgan Stanley’s Q1 2018 Earnings (MS)

Morgan Stanley (NYSE:MS) – Investment analysts at Oppenheimer issued their Q1 2018 earnings per share estimates for Morgan Stanley in a report issued on Tuesday. Oppenheimer analyst C. Kotowski anticipates that the financial services provider will post earnings of $1.24 per share for the quarter. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for Morgan Stanley’s Q2 2018 earnings at $1.08 EPS, Q3 2018 earnings at $1.06 EPS, Q4 2018 earnings at $0.92 EPS, FY2018 earnings at $4.31 EPS and FY2019 earnings at $4.67 EPS.

A number of other research firms have also recently issued reports on MS. Wells Fargo & Co set a $55.00 price objective on shares of Morgan Stanley and gave the stock a “hold” rating in a research report on Wednesday, December 20th. Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research report on Monday, December 11th. Keefe, Bruyette & Woods raised shares of Morgan Stanley from a “market perform” rating to an “outperform” rating and set a $59.00 price objective on the stock in a research report on Tuesday, December 12th. Barclays increased their price objective on shares of Morgan Stanley from $52.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, Citigroup reissued a “neutral” rating and set a $50.00 price objective (up previously from $46.00) on shares of Morgan Stanley in a research report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $52.16.

Morgan Stanley (NYSE MS) traded up $0.98 during mid-day trading on Thursday, hitting $53.31. 2,385,755 shares of the stock were exchanged, compared to its average volume of 6,799,400. The company has a market cap of $94,610.00, a PE ratio of 14.73, a PEG ratio of 1.07 and a beta of 1.65. 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 one year low of $40.06 and a one year high of $54.25.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.12. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The firm had revenue of $9.20 billion during the quarter, compared to the consensus estimate of $9.05 billion. During the same period last year, the business posted $0.80 EPS. The business’s revenue was up 3.2% compared to the same quarter last year.

Several institutional investors have recently bought and sold shares of MS. Janus Henderson Group PLC lifted its position in shares of Morgan Stanley by 5,268.0% during the 2nd quarter. Janus Henderson Group PLC now owns 9,590,843 shares of the financial services provider’s stock worth $427,365,000 after buying an additional 9,412,177 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Morgan Stanley by 801.0% during the 2nd quarter. Lazard Asset Management LLC now owns 5,321,327 shares of the financial services provider’s stock worth $237,117,000 after buying an additional 4,730,704 shares in the last quarter. Epoch Investment Partners Inc. lifted its position in shares of Morgan Stanley by 92.0% during the 2nd quarter. Epoch Investment Partners Inc. now owns 9,653,836 shares of the financial services provider’s stock worth $430,175,000 after buying an additional 4,625,783 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Morgan Stanley by 94.3% during the 2nd quarter. Alliancebernstein L.P. now owns 7,091,745 shares of the financial services provider’s stock worth $316,008,000 after buying an additional 3,442,450 shares in the last quarter. Finally, Standard Life Investments LTD lifted its position in shares of Morgan Stanley by 837.7% during the 2nd quarter. Standard Life Investments LTD now owns 3,570,298 shares of the financial services provider’s stock worth $159,038,000 after buying an additional 3,189,560 shares in the last quarter. 85.49% of the stock is currently owned by hedge funds and other institutional investors.

In other Morgan Stanley news, insider Jeffrey S. Brodsky sold 16,397 shares of Morgan Stanley stock in a transaction that occurred 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 transaction, the insider now owns 111,776 shares of the company’s stock, valued at approximately $5,596,624.32. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alistair Darling sold 3,850 shares of Morgan Stanley stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the transaction, the director now directly owns 14,218 shares in the company, valued at approximately $700,805.22. The disclosure for this sale can be found here. In the last ninety days, insiders sold 85,247 shares of company stock worth $4,284,364. 0.35% of the stock is owned by insiders.

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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.

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