Morgan Stanley (NYSE:MS) Given Consensus Recommendation of “Hold” by Brokerages

Morgan Stanley (NYSE:MSGet Free Report) has been assigned an average rating of “Hold” from the nineteen analysts that are covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $98.30.

Several research firms recently weighed in on MS. HSBC increased their price objective on shares of Morgan Stanley from $100.00 to $102.00 and gave the stock a “hold” rating in a research note on Friday, April 19th. BMO Capital Markets increased their price objective on shares of Morgan Stanley from $115.00 to $118.00 and gave the stock an “outperform” rating in a research note on Thursday, April 18th. Keefe, Bruyette & Woods increased their price objective on shares of Morgan Stanley from $94.00 to $98.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 17th. Cfra raised their price target on shares of Morgan Stanley from $97.00 to $108.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $91.00 price target on shares of Morgan Stanley in a research note on Wednesday, March 27th.

Read Our Latest Analysis on Morgan Stanley

Morgan Stanley Stock Performance

Shares of MS stock opened at $95.21 on Friday. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.77 and a current ratio of 0.77. Morgan Stanley has a one year low of $69.42 and a one year high of $103.25. The company’s 50-day simple moving average is $95.12 and its 200-day simple moving average is $90.41. The stock has a market capitalization of $154.73 billion, a price-to-earnings ratio of 17.34, a PEG ratio of 1.18 and a beta of 1.38.

Morgan Stanley (NYSE:MSGet Free Report) last issued its quarterly earnings results on Tuesday, April 16th. The financial services provider reported $2.02 EPS for the quarter, topping the consensus estimate of $1.69 by $0.33. The business had revenue of $15.14 billion for the quarter, compared to analysts’ expectations of $14.42 billion. Morgan Stanley had a net margin of 9.57% and a return on equity of 10.88%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.70 earnings per share. Equities analysts anticipate that Morgan Stanley will post 6.83 earnings per share for the current fiscal year.

Morgan Stanley Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th were issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend was Monday, April 29th. Morgan Stanley’s payout ratio is 61.93%.

Insider Buying and Selling

In related news, insider Charles Aubrey Smith III sold 11,200 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $90.09, for a total value of $1,009,008.00. Following the completion of the transaction, the insider now owns 126,190 shares of the company’s stock, valued at approximately $11,368,457.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Mandell Crawley sold 6,954 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $99.61, for a total value of $692,687.94. Following the completion of the transaction, the insider now owns 46,274 shares of the company’s stock, valued at approximately $4,609,353.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charles Aubrey Smith III sold 11,200 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $90.09, for a total transaction of $1,009,008.00. Following the completion of the transaction, the insider now directly owns 126,190 shares of the company’s stock, valued at approximately $11,368,457.10. The disclosure for this sale can be found here. In the last 90 days, insiders sold 118,154 shares of company stock valued at $10,722,696. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Morgan Stanley

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC lifted its position in Morgan Stanley by 1.1% in the 1st quarter. Venturi Wealth Management LLC now owns 10,553 shares of the financial services provider’s stock worth $994,000 after buying an additional 112 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its position in Morgan Stanley by 3.9% in the 1st quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 3,131 shares of the financial services provider’s stock worth $295,000 after buying an additional 117 shares in the last quarter. Advisory Alpha LLC lifted its position in Morgan Stanley by 4.6% in the 1st quarter. Advisory Alpha LLC now owns 2,644 shares of the financial services provider’s stock worth $249,000 after buying an additional 117 shares in the last quarter. West Paces Advisors Inc. lifted its position in Morgan Stanley by 10.1% in the 1st quarter. West Paces Advisors Inc. now owns 1,283 shares of the financial services provider’s stock worth $121,000 after buying an additional 118 shares in the last quarter. Finally, Indiana Trust & Investment Management CO lifted its position in Morgan Stanley by 9.9% in the 1st quarter. Indiana Trust & Investment Management CO now owns 1,341 shares of the financial services provider’s stock worth $126,000 after buying an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Morgan Stanley Company Profile

(Get Free Report

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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Analyst Recommendations for Morgan Stanley (NYSE:MS)

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