Morgan Stanley (NYSE:MS – Get Rating) has been given a consensus recommendation of “Moderate Buy” by the eighteen analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $97.42.
MS has been the topic of a number of analyst reports. Credit Suisse Group lifted their price objective on Morgan Stanley from $97.00 to $102.00 and gave the company an “outperform” rating in a research report on Thursday, January 19th. Oppenheimer lifted their price objective on Morgan Stanley from $102.00 to $107.00 and gave the company an “outperform” rating in a research report on Thursday, February 2nd. StockNews.com initiated coverage on Morgan Stanley in a research report on Thursday. They set a “hold” rating on the stock. Royal Bank of Canada lifted their price objective on Morgan Stanley from $80.00 to $90.00 in a research report on Wednesday, January 18th. Finally, Barclays lifted their price objective on Morgan Stanley from $105.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, January 3rd.
Insiders Place Their Bets
In other Morgan Stanley news, CEO James P. Gorman sold 250,000 shares of Morgan Stanley stock in a transaction that occurred on Wednesday, January 18th. The stock was sold at an average price of $96.93, for a total value of $24,232,500.00. Following the sale, the chief executive officer now owns 1,112,348 shares of the company’s stock, valued at approximately $107,819,891.64. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, insider Andrew M. Saperstein sold 24,556 shares of the business’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $98.23, for a total transaction of $2,412,135.88. Following the transaction, the insider now owns 190,440 shares of the company’s stock, valued at approximately $18,706,921.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO James P. Gorman sold 250,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $96.93, for a total value of $24,232,500.00. Following the transaction, the chief executive officer now directly owns 1,112,348 shares in the company, valued at approximately $107,819,891.64. The disclosure for this sale can be found here. Insiders have sold a total of 341,699 shares of company stock valued at $33,143,046 in the last quarter. 0.26% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Morgan Stanley
Morgan Stanley Trading Up 1.9 %
Shares of NYSE:MS opened at $87.01 on Friday. The stock has a market capitalization of $146.35 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.52 and a beta of 1.37. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.79 and a current ratio of 0.79. The stock’s 50-day simple moving average is $95.47 and its two-hundred day simple moving average is $88.85. Morgan Stanley has a 52-week low of $72.05 and a 52-week high of $100.99.
Morgan Stanley (NYSE:MS – Get Rating) last announced its earnings results on Tuesday, January 17th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.06. The business had revenue of $12.75 billion for the quarter, compared to analysts’ expectations of $12.16 billion. Morgan Stanley had a return on equity of 12.06% and a net margin of 16.73%. Analysts expect that Morgan Stanley will post 7.21 EPS for the current year.
Morgan Stanley Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Tuesday, January 31st were paid a $0.775 dividend. This represents a $3.10 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date was Monday, January 30th. Morgan Stanley’s payout ratio is 50.49%.
About Morgan Stanley
Morgan Stanley operates as a global financial services company. The firm provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following segments: Institutional Securities, Wealth Management, and Investment Management.
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