1,940 Shares in Morgan Stanley (NYSE:MS) Purchased by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC bought a new stake in Morgan Stanley (NYSE:MS) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,940 shares of the financial services provider’s stock, valued at approximately $244,000.

Other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. raised its holdings in shares of Morgan Stanley by 75.2% in the third quarter. Franklin Resources Inc. now owns 7,850,848 shares of the financial services provider’s stock valued at $881,493,000 after purchasing an additional 3,369,520 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Morgan Stanley by 382.4% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,597,800 shares of the financial services provider’s stock valued at $166,555,000 after buying an additional 1,266,600 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Morgan Stanley in the 4th quarter valued at $89,761,000. Fisher Asset Management LLC boosted its stake in shares of Morgan Stanley by 2.7% during the 3rd quarter. Fisher Asset Management LLC now owns 22,404,981 shares of the financial services provider’s stock worth $2,335,495,000 after buying an additional 590,872 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Morgan Stanley by 71.2% in the 3rd quarter. HighTower Advisors LLC now owns 1,370,572 shares of the financial services provider’s stock valued at $140,077,000 after acquiring an additional 569,789 shares in the last quarter. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley Stock Performance

NYSE:MS opened at $131.08 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The stock has a 50 day simple moving average of $128.74 and a 200 day simple moving average of $113.02. Morgan Stanley has a 1-year low of $83.09 and a 1-year high of $136.24. The stock has a market cap of $211.17 billion, a P/E ratio of 19.95, a PEG ratio of 1.18 and a beta of 1.36.

Morgan Stanley (NYSE:MS) last announced its earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share (EPS) for the quarter, beating 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 company had revenue of $15.38 billion during the quarter, compared to analysts’ expectations of $14.27 billion. Research analysts anticipate that Morgan Stanley will post 7.33 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. The Goldman Sachs Group upped their target price on Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Wells Fargo & Company upgraded Morgan Stanley from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $107.00 to $142.00 in a research note on Friday, November 15th. JPMorgan Chase & Co. raised their target price on shares of Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a research note on Monday. Barclays upped their price target on shares of Morgan Stanley from $135.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Finally, HSBC lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $128.00 to $131.00 in a research note on Tuesday, November 26th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $126.07.

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.