Is Morgan Stanley (MS) a good buy?
- Author: Zachary Reyes May 19, 2017,
May 19, 2017, 1:10
Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Morgan Stanley Investment Management has secured more than $125 million for its inaugural global impact fund. PMF Integro Fund I will invest in private equity funds that "offer the potential for compelling financial return while demonstrating positive environmental impact, social impact or both".
A number of institutional investors have recently modified their holdings of the stock. After $1.00 actual earnings per share reported by Morgan Stanley for the previous quarter, Wall Street now forecasts -15.00% negative EPS growth. The Company's Institutional Securities business segment provides investment banking, sales and trading, and other services to firms, governments, financial institutions and high-to-ultra high net worth clients. Salem Investment Counselors Inc. bought a new position in Morgan Stanley during the third quarter valued at $110,000. Markston International LLC now owns 181,024 shares of the financial services provider's stock worth $5,804,000 after buying an additional 7,811 shares in the last quarter. Finally, Zacks Investment Research raised Morgan Stanley from a hold rating to a buy rating and set a $48.00 target price on the stock in a research report on Monday, April 24th. First Manhattan Co. now owns 4,294 shares of the financial services provider's stock valued at $137,000 after buying an additional 624 shares in the last quarter. Finally, State of Alaska Department of Revenue acquired a new position in shares of Morgan Stanley during the first quarter valued at approximately $120,000.
Clearbridge Investments Ltd Liability reported 0% of its portfolio in Morgan Stanley (NYSE:MS). The stock had a trading volume of 5,836,319 shares. The stock's price moved up its 200-day moving average of $42.67. Morgan Stanley has a 12-month low of $23.11 and a 12-month high of $47.33. Comparatively, MS posted earnings of $0.78 per share in the same quarter, a year earlier. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.24 on scale of 1-5. The business had revenue of $9.75 billion for the quarter, compared to analysts' expectations of $9.29 billion. Morgan Stanley had a return on equity of 8.48% and a net margin of 15.76%. The business's revenue was up 25.1% compared to the same quarter a year ago. During the same period in the prior year, the business posted $0.55 earnings per share.
The company also recently declared a quarterly dividend, which was paid on Monday, May 15th.
Deutsche Bank "Upgrades" Morgan Stanley (NYSE:MS) in a research note issued to investors on 3/29/17 to Buy with price target of $0. GRUB's value Change from Open was at -1.40% with a Gap of 0.09%. The ex-dividend date of this dividend was Thursday, April 27th.
With these kinds of figures it is worthy to note that Morgan Stanley (MS) has been put into a neutral territory, but there are few other spots to consider.
"WARNING: "[[title]]" was first published by [[site]] and is the sole property of of [[site]]. The correct version of this piece of content can be read at [[permalink]]. Vetr raised Morgan Stanley from a "sell" rating to a "hold" rating and set a $41.36 price objective on the stock in a research note on Tuesday, April 4th. The stock of Morgan Stanley (NYSE:MS) has "Outperform" rating given on Thursday, July 21 by RBC Capital Markets. Stifel Nicolaus reissued a buy rating on shares of Morgan Stanley in a research report on Thursday, January 12th. On Friday, March 31 the stock rating was maintained by JP Morgan with "Buy". The company has an average rating of "Buy" and a consensus target price of $42.16. The stock was sold at an average price of $46.04, for a total value of $574,625.24. The institutional investors in our partner's database reported: 1.58 billion shares, up from 1.56 billion shares in 2016Q3. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Its book value per share for the most recent quarter is $38.54 while its price to book ratio for the same period is 1.13, as for as the company's cash per share for the most recent quarter is $11.9, however its price to cash per share ratio for the same period is 3.65. The disclosure for this sale can be found here. Edge Wealth Management Llc who had been investing in Morgan Stanley for a number of months, seems to be less bullish one the $75.70 billion market cap company.