Private Advisor Group LLC Has $1.77 Million Holdings in Morgan Stanley (NYSE:MS)

Private Advisor Group LLC lifted its holdings in shares of Morgan Stanley (NYSE:MS) by 7.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,840 shares of the financial services provider’s stock after buying an additional 2,500 shares during the quarter. Private Advisor Group LLC’s holdings in Morgan Stanley were worth $1,767,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MS. BlackRock Inc. increased its position in shares of Morgan Stanley by 1.0% during the second quarter. BlackRock Inc. now owns 102,137,658 shares of the financial services provider’s stock worth $4,551,254,000 after purchasing an additional 969,461 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Morgan Stanley by 1.4% during the second quarter. Vanguard Group Inc. now owns 93,483,287 shares of the financial services provider’s stock worth $4,165,615,000 after purchasing an additional 1,256,318 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Morgan Stanley by 3.2% during the second quarter. Ameriprise Financial Inc. now owns 20,973,434 shares of the financial services provider’s stock worth $934,569,000 after purchasing an additional 654,034 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Morgan Stanley by 24.5% during the second quarter. The Manufacturers Life Insurance Company now owns 12,326,657 shares of the financial services provider’s stock worth $549,275,000 after purchasing an additional 2,427,130 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Morgan Stanley by 18.3% during the third quarter. Dimensional Fund Advisors LP now owns 11,816,768 shares of the financial services provider’s stock worth $569,213,000 after purchasing an additional 1,828,697 shares in the last quarter. 85.49% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley (NYSE MS) traded down $0.18 during midday trading on Friday, hitting $52.47. The stock had a trading volume of 5,798,376 shares, compared to its average volume of 7,517,696. Morgan Stanley has a fifty-two week low of $40.06 and a fifty-two week high of $54.25. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68. The stock has a market cap of $95,185.89, a PE ratio of 14.53, a PEG ratio of 1.23 and a beta of 1.64.

Morgan Stanley (NYSE:MS) last posted its earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 for the quarter, compared to analyst estimates of $9.05 billion. During the same quarter in the prior year, the company earned $0.80 EPS. Morgan Stanley’s revenue was up 3.2% on a year-over-year basis. analysts expect that Morgan Stanley will post 3.58 EPS for the current fiscal year.

Several brokerages recently commented on MS. Oppenheimer reiterated a “hold” rating on shares of Morgan Stanley in a research report on Tuesday, October 17th. Zacks Investment Research cut Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Friday. Berenberg Bank reiterated a “hold” rating and set a $40.00 price target on shares of Morgan Stanley in a research report on Thursday, September 21st. Buckingham Research boosted their price target on Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Finally, Compass Point restated a “sell” rating and issued a $38.00 target price (up from $34.00) on shares of Morgan Stanley in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Morgan Stanley currently has an average rating of “Buy” and an average target price of $51.70.

In related news, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the transaction, the president now owns 692,037 shares of the company’s stock, valued at approximately $35,010,151.83. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the stock in a transaction dated Wednesday, October 18th. The shares were sold at an average price of $50.07, for a total value of $820,997.79. Following the completion of the sale, the insider now directly owns 111,776 shares in the company, valued at approximately $5,596,624.32. The disclosure for this sale can be found here. In the last three months, insiders have sold 85,247 shares of company stock worth $4,284,364. 0.35% of the stock is owned by corporate insiders.

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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.

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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