Silvia Mccoll Wealth Management LLC Reduces Stake in Morgan Stanley (NYSE:MS)

Silvia Mccoll Wealth Management LLC cut its stake in shares of Morgan Stanley (NYSE:MS) by 5.5% during the fourth quarter, HoldingsChannel reports. The firm owned 4,559 shares of the financial services provider’s stock after selling 263 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Morgan Stanley were worth $573,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. One Capital Management LLC purchased a new stake in Morgan Stanley in the 2nd quarter valued at about $354,000. Citizens Financial Group Inc. RI boosted its holdings in shares of Morgan Stanley by 136.4% in the second quarter. Citizens Financial Group Inc. RI now owns 37,993 shares of the financial services provider’s stock valued at $3,693,000 after purchasing an additional 21,921 shares during the period. Luts & Greenleigh Group Inc. bought a new position in Morgan Stanley in the second quarter worth approximately $208,000. Lmcg Investments LLC increased its holdings in Morgan Stanley by 3.1% during the 2nd quarter. Lmcg Investments LLC now owns 25,862 shares of the financial services provider’s stock worth $2,514,000 after purchasing an additional 782 shares during the period. Finally, Firestone Capital Management raised its position in Morgan Stanley by 7.3% during the 2nd quarter. Firestone Capital Management now owns 2,392 shares of the financial services provider’s stock valued at $232,000 after purchasing an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on MS shares. JPMorgan Chase & Co. increased their target price on shares of Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday. Keefe, Bruyette & Woods boosted their price objective on shares of Morgan Stanley from $121.00 to $138.00 and gave the stock a “market perform” rating in a research note on Tuesday, December 3rd. Barclays raised their price objective on Morgan Stanley from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. UBS Group increased their price target on shares of Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. Finally, The Goldman Sachs Group lifted their price objective on shares of Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $126.07.

Morgan Stanley Stock Performance

Shares of MS stock traded up $4.99 during mid-day trading on Wednesday, reaching $129.61. The stock had a trading volume of 1,029,456 shares, compared to its average volume of 5,626,851. The business’s fifty day moving average is $128.74 and its 200-day moving average is $113.02. The firm has a market cap of $208.81 billion, a price-to-earnings ratio of 19.73, a PEG ratio of 1.18 and a beta of 1.36. Morgan Stanley has a 1-year low of $83.09 and a 1-year high of $136.24. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.31. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. The firm had revenue of $15.38 billion for the quarter, compared to analyst estimates of $14.27 billion. On average, research analysts forecast that Morgan Stanley will post 7.33 earnings per share for the current year.

Insider Buying and Selling at Morgan Stanley

In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total value of $7,150,200.00. Following the sale, the director now owns 138,363 shares in the company, valued at approximately $16,488,718.71. This represents a 30.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.24% of the stock is owned by corporate insiders.

Morgan Stanley 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.