Morgan Stanley (NYSE:MS) Receives $205.95 Consensus Price Target from Analysts

Morgan Stanley (NYSE:MSGet Free Report) has earned an average recommendation of “Moderate Buy” from the twenty-four ratings firms that are currently covering the stock, Marketbeat reports. Twelve equities research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $205.95.

A number of equities research analysts have recently issued reports on the stock. BNP Paribas Exane upped their target price on shares of Morgan Stanley from $195.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. UBS Group upped their target price on shares of Morgan Stanley from $196.00 to $214.00 in a report on Wednesday, May 6th. Daiwa Securities Group upped their target price on shares of Morgan Stanley from $175.00 to $198.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. CICC Research upped their target price on shares of Morgan Stanley from $175.00 to $200.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Finally, Evercore boosted their price target on shares of Morgan Stanley from $190.00 to $210.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th.

Get Our Latest Report on MS

Insider Activity

In other news, insider Daniel A. Simkowitz sold 14,690 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $189.24, for a total transaction of $2,779,935.60. Following the transaction, the insider owned 365,802 shares of the company’s stock, valued at approximately $69,224,370.48. The trade was a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Eric F. Grossman sold 11,118 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $190.75, for a total transaction of $2,120,758.50. Following the transaction, the insider directly owned 169,403 shares in the company, valued at approximately $32,313,622.25. The trade was a 6.16% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 77,476 shares of company stock valued at $14,644,762. 0.17% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MS. Brighton Jones LLC boosted its position in shares of Morgan Stanley by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock valued at $1,607,000 after acquiring an additional 1,185 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in Morgan Stanley by 69.0% in the second quarter. Main Street Financial Solutions LLC now owns 8,964 shares of the financial services provider’s stock valued at $1,263,000 after buying an additional 3,661 shares during the last quarter. Diversify Advisory Services LLC lifted its position in Morgan Stanley by 90.9% in the second quarter. Diversify Advisory Services LLC now owns 16,148 shares of the financial services provider’s stock valued at $2,378,000 after buying an additional 7,688 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Morgan Stanley by 6.3% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 263,575 shares of the financial services provider’s stock valued at $37,127,000 after buying an additional 15,623 shares during the last quarter. Finally, Jupiter Wealth Management LLC lifted its position in Morgan Stanley by 7.8% in the second quarter. Jupiter Wealth Management LLC now owns 52,825 shares of the financial services provider’s stock valued at $7,805,000 after buying an additional 3,807 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Key Headlines Impacting Morgan Stanley

Here are the key news stories impacting Morgan Stanley this week:

Morgan Stanley Price Performance

Morgan Stanley stock opened at $206.89 on Thursday. Morgan Stanley has a 52-week low of $128.81 and a 52-week high of $219.16. The firm has a market capitalization of $326.33 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 1.58 and a beta of 1.23. The company has a fifty day simple moving average of $191.80 and a 200-day simple moving average of $180.23. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52.

Morgan Stanley (NYSE:MSGet Free Report) last released its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.41. Morgan Stanley had a net margin of 14.65% and a return on equity of 17.70%. The business had revenue of $20.58 billion during the quarter, compared to analyst estimates of $19.23 billion. During the same quarter in the prior year, the firm earned $2.60 earnings per share. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. On average, equities analysts anticipate that Morgan Stanley will post 11.85 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $4.00 annualized dividend and a dividend yield of 1.9%. Morgan Stanley’s payout ratio is presently 36.23%.

Morgan Stanley Company Profile

(Get Free Report)

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.

See Also

Analyst Recommendations for Morgan Stanley (NYSE:MS)

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