Morgan Stanley (MS) Receives Average Rating of “Buy” from Brokerages

Shares of Morgan Stanley (NYSE:MS) have been assigned a consensus recommendation of “Buy” from the twenty-six brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, seventeen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $54.48.

Several analysts have issued reports on MS shares. Credit Suisse Group upgraded shares of Morgan Stanley from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $49.00 to $54.00 in a research report on Monday, October 9th. Citigroup restated a “neutral” rating and issued a $50.00 price target (up from $46.00) on shares of Morgan Stanley in a research report on Monday, October 9th. Oppenheimer restated a “hold” rating on shares of Morgan Stanley in a research report on Tuesday, October 17th. BMO Capital Markets restated a “top pick” rating and issued a $69.00 price target on shares of Morgan Stanley in a research report on Wednesday, October 18th. Finally, Buckingham Research raised their price target on shares of Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, October 18th.

Shares of Morgan Stanley (NYSE MS) opened at $57.60 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. The stock has a market cap of $101,576.28, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 0.98 and a beta of 1.65. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $57.73.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.07. The company had revenue of $9.50 billion for the quarter, compared to analyst estimates of $9.25 billion. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period last year, the business posted $0.81 EPS. sell-side analysts predict that Morgan Stanley will post 4.51 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.74%. Morgan Stanley’s dividend payout ratio (DPR) is currently 32.36%.

In other Morgan Stanley news, Director Alistair Darling sold 3,850 shares of the business’s stock in a transaction dated 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 directly owns 14,218 shares in the company, valued at $700,805.22. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in the business. Advisor Partners LLC boosted its position in Morgan Stanley by 6.0% in the fourth quarter. Advisor Partners LLC now owns 32,812 shares of the financial services provider’s stock valued at $1,885,000 after buying an additional 1,858 shares in the last quarter. Regent Investment Management LLC boosted its position in Morgan Stanley by 4.0% in the fourth quarter. Regent Investment Management LLC now owns 92,175 shares of the financial services provider’s stock valued at $4,836,000 after buying an additional 3,515 shares in the last quarter. K.J. Harrison & Partners Inc acquired a new position in Morgan Stanley in the fourth quarter valued at about $289,000. Commerzbank Aktiengesellschaft FI boosted its position in Morgan Stanley by 1.0% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 1,394,977 shares of the financial services provider’s stock valued at $73,194,000 after buying an additional 14,378 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in Morgan Stanley by 56.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 547,383 shares of the financial services provider’s stock valued at $28,720,000 after buying an additional 196,844 shares in the last quarter. Hedge funds and other institutional investors own 85.64% of the company’s stock.

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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.

Analyst Recommendations for Morgan Stanley (NYSE:MS)

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