Morgan Stanley (NYSE:MS) Shares Acquired by Captrust Financial Advisors

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Captrust Financial Advisors lifted its position in Morgan Stanley (NYSE:MS) by 277.2% in the 4th quarter, HoldingsChannel reports. The firm owned 84,551 shares of the financial services provider’s stock after purchasing an additional 62,138 shares during the quarter. Captrust Financial Advisors’ holdings in Morgan Stanley were worth $4,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in MS. FMR LLC raised its stake in shares of Morgan Stanley by 25.2% in the fourth quarter. FMR LLC now owns 18,798,443 shares of the financial services provider’s stock worth $960,977,000 after purchasing an additional 3,786,107 shares during the last quarter. Vectors Research Management LLC raised its stake in shares of Morgan Stanley by 650,262.3% in the third quarter. Vectors Research Management LLC now owns 3,590,000 shares of the financial services provider’s stock worth $3,654,000 after purchasing an additional 3,589,448 shares during the last quarter. FIL Ltd raised its stake in shares of Morgan Stanley by 29.5% in the fourth quarter. FIL Ltd now owns 6,769,852 shares of the financial services provider’s stock worth $346,075,000 after purchasing an additional 1,542,397 shares during the last quarter. Fred Alger Management LLC raised its stake in shares of Morgan Stanley by 100.9% in the fourth quarter. Fred Alger Management LLC now owns 2,414,445 shares of the financial services provider’s stock worth $123,426,000 after purchasing an additional 1,212,724 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its stake in shares of Morgan Stanley by 1,557.2% in the fourth quarter. Panagora Asset Management Inc. now owns 1,248,402 shares of the financial services provider’s stock worth $63,818,000 after purchasing an additional 1,173,072 shares during the last quarter. Hedge funds and other institutional investors own 84.68% of the company’s stock.

MS has been the subject of several research analyst reports. Citigroup upgraded Morgan Stanley from a “neutral” rating to a “buy” rating in a research note on Wednesday, March 4th. JMP Securities cut Morgan Stanley from an “outperform” rating to a “market perform” rating in a research note on Monday, January 13th. Wells Fargo & Co restated a “hold” rating on shares of Morgan Stanley in a research note on Friday, February 28th. Credit Suisse Group cut Morgan Stanley from an “outperform” rating to a “neutral” rating in a research note on Monday, February 24th. Finally, DA Davidson cut Morgan Stanley from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $67.00 to $61.00 in a research note on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $54.20.

In related news, Director Stephen J. Luczo purchased 50,000 shares of Morgan Stanley stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average cost of $49.68 per share, for a total transaction of $2,484,000.00. 0.23% of the stock is currently owned by company insiders.

Shares of MS stock opened at $33.22 on Wednesday. The stock has a 50 day moving average of $45.64 and a 200 day moving average of $47.48. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.60. The stock has a market cap of $44.48 billion, a P/E ratio of 6.40, a P/E/G ratio of 0.55 and a beta of 1.38. Morgan Stanley has a twelve month low of $27.20 and a twelve month high of $57.57.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.22. The company had revenue of $10.86 billion during the quarter, compared to analysts’ expectations of $9.72 billion. Morgan Stanley had a return on equity of 11.70% and a net margin of 16.80%. Morgan Stanley’s quarterly revenue was up 27.0% on a year-over-year basis. During the same period last year, the business earned $0.80 earnings per share. On average, research analysts predict that Morgan Stanley will post 5.21 earnings per share for the current fiscal year.

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 through 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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