Morgan Stanley (NYSE:MS) was upgraded by Vetr from a “strong sell” rating to a “sell” rating in a research report issued on Monday. The brokerage presently has a $30.77 price target on the financial services provider’s stock. Vetr‘s target price would indicate a potential downside of 4.80% from the stock’s current price.

Several other research analysts have also recently weighed in on the company. Barclays PLC restated an “equal weight” rating and set a $32.00 target price on shares of Morgan Stanley in a report on Wednesday, October 12th. Citigroup Inc. boosted their target price on Morgan Stanley from $30.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, October 10th. Zacks Investment Research cut Morgan Stanley from a “buy” rating to a “hold” rating in a report on Thursday, October 6th. Sandler O’Neill cut Morgan Stanley from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a report on Thursday, October 6th. Finally, Macquarie restated a “buy” rating and set a $37.00 target price on shares of Morgan Stanley in a report on Wednesday, October 5th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and fourteen have given a buy rating to the company’s stock. Morgan Stanley currently has an average rating of “Hold” and an average price target of $32.59.

Analyst Recommendations for Morgan Stanley (NYSE:MS)

Morgan Stanley (NYSE:MS) opened at 32.32 on Monday. The company has a market cap of $61.79 billion, a PE ratio of 14.95 and a beta of 2.09. Morgan Stanley has a 52 week low of $21.16 and a 52 week high of $35.74. The company has a 50-day moving average price of $31.90 and a 200 day moving average price of $28.37.

In other news, major shareholder Stanley Morgan sold 357 shares of the company’s stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of $23,750.00, for a total value of $8,478,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey S. Brodsky sold 19,955 shares of the company’s stock in a transaction dated Thursday, July 21st. The shares were sold at an average price of $28.79, for a total transaction of $574,504.45. Following the completion of the sale, the insider now directly owns 123,710 shares of the company’s stock, valued at $3,561,610.90. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in the stock. ValueAct Holdings L.P. acquired a new stake in shares of Morgan Stanley during the second quarter worth approximately $987,240,000. State Street Corp boosted its stake in shares of Morgan Stanley by 15.3% in the first quarter. State Street Corp now owns 158,338,614 shares of the financial services provider’s stock worth $3,960,055,000 after buying an additional 20,974,063 shares during the last quarter. Janus Capital Management LLC boosted its stake in shares of Morgan Stanley by 94.6% in the second quarter. Janus Capital Management LLC now owns 8,133,460 shares of the financial services provider’s stock worth $211,307,000 after buying an additional 3,953,641 shares during the last quarter. Carlson Capital L P boosted its stake in shares of Morgan Stanley by 120.0% in the second quarter. Carlson Capital L P now owns 4,950,000 shares of the financial services provider’s stock worth $128,601,000 after buying an additional 2,700,000 shares during the last quarter. Finally, Kiltearn Partners LLP boosted its stake in shares of Morgan Stanley by 87.3% in the first quarter. Kiltearn Partners LLP now owns 4,917,061 shares of the financial services provider’s stock worth $122,976,000 after buying an additional 2,291,800 shares during the last quarter. 83.82% of the stock is owned by institutional investors and hedge funds.

About Morgan Stanley

Morgan Stanley is a financial holding company. The Company is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. Its segments include Institutional Securities, Wealth Management and Investment Management.

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