Morgan Stanley (MS) Holdings Decreased by RBF Capital LLC

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RBF Capital LLC decreased its stake in shares of Morgan Stanley (NYSE:MS) by 6.4% during the 4th quarter, Holdings Channel reports. The firm owned 824,520 shares of the financial services provider’s stock after selling 56,831 shares during the period. Morgan Stanley comprises about 4.3% of RBF Capital LLC’s investment portfolio, making the stock its 4th biggest position. RBF Capital LLC’s holdings in Morgan Stanley were worth $32,692,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Miles Capital Inc. boosted its stake in Morgan Stanley by 3.6% in the 4th quarter. Miles Capital Inc. now owns 6,977 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 240 shares during the period. Lourd Capital LLC boosted its stake in Morgan Stanley by 2.2% in the 4th quarter. Lourd Capital LLC now owns 12,089 shares of the financial services provider’s stock valued at $479,000 after purchasing an additional 256 shares during the period. Aspiriant LLC boosted its stake in Morgan Stanley by 4.2% in the 4th quarter. Aspiriant LLC now owns 6,486 shares of the financial services provider’s stock valued at $257,000 after purchasing an additional 264 shares during the period. Wright Investors Service Inc. boosted its stake in Morgan Stanley by 2.1% in the 4th quarter. Wright Investors Service Inc. now owns 14,180 shares of the financial services provider’s stock valued at $562,000 after purchasing an additional 290 shares during the period. Finally, Cornerstone Advisors Inc. boosted its stake in Morgan Stanley by 6.0% in the 3rd quarter. Cornerstone Advisors Inc. now owns 5,189 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 295 shares during the period. 83.92% of the stock is currently owned by hedge funds and other institutional investors.

In other Morgan Stanley news, CFO Paul C. Wirth sold 25,000 shares of the company’s stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $42.40, for a total value of $1,060,000.00. Following the sale, the chief financial officer now owns 169,031 shares in the company, valued at approximately $7,166,914.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey S. Brodsky sold 15,565 shares of the company’s stock in a transaction dated Friday, January 18th. The shares were sold at an average price of $43.38, for a total value of $675,209.70. Following the completion of the sale, the insider now owns 112,420 shares in the company, valued at approximately $4,876,779.60. The disclosure for this sale can be found here. 0.19% of the stock is owned by corporate insiders.

MS has been the subject of a number of recent analyst reports. Citigroup upgraded Morgan Stanley from a “neutral” rating to a “buy” rating and cut their target price for the company from $50.00 to $48.00 in a research report on Wednesday, January 9th. Zacks Investment Research upgraded Morgan Stanley from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Tuesday, November 20th. Credit Suisse Group reiterated a “buy” rating and set a $56.00 target price on shares of Morgan Stanley in a research report on Wednesday, February 20th. Wells Fargo & Co upgraded Morgan Stanley to a “buy ms” rating in a research report on Thursday, December 20th. Finally, Barclays cut their target price on Morgan Stanley from $63.00 to $55.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 2nd. Three analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $56.25.

Morgan Stanley stock opened at $44.03 on Tuesday. Morgan Stanley has a 52 week low of $36.74 and a 52 week high of $58.17. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.60. The firm has a market cap of $74.04 billion, a PE ratio of 9.55, a price-to-earnings-growth ratio of 1.04 and a beta of 1.19.

Morgan Stanley (NYSE:MS) last issued its earnings results on Thursday, January 17th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.17). Morgan Stanley had a return on equity of 12.02% and a net margin of 17.43%. The firm had revenue of $8.55 billion during the quarter, compared to analyst estimates of $9.32 billion. During the same period in the previous year, the company earned $0.84 EPS. Morgan Stanley’s revenue for the quarter was down 10.0% on a year-over-year basis. As a group, research analysts forecast that Morgan Stanley will post 4.82 EPS for the current year.

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Morgan Stanley Company 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. The company operates Institutional Securities, Wealth Management, and Investment Management segments.

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

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