Shares of Morgan Stanley (NYSE:MS) have received an average rating of “Hold” from the thirty brokerages that are covering the company. Three research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and fifteen have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $33.10.

A number of research analysts have recently issued reports on MS shares. Vetr upgraded shares of Morgan Stanley from a “strong sell” rating to a “sell” rating and set a $30.77 price objective for the company in a report on Monday, October 17th. Barclays PLC reiterated an “equal weight” rating and set a $32.00 price objective on shares of Morgan Stanley in a report on Wednesday, October 12th. TheStreet upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating in a report on Monday, July 25th. Citigroup Inc. lifted their price objective on shares of Morgan Stanley from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Monday, October 10th. Finally, Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Friday, October 21st.

In related news, major shareholder Stanley Morgan sold 357 shares of the company’s stock in a transaction on Tuesday, September 27th. The shares were sold at an average price of $23,750.00, for a total transaction of $8,478,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Thomas Colm Kelleher sold 222,712 shares of the company’s stock in a transaction on Thursday, October 20th. The shares were sold at an average price of $32.90, for a total transaction of $7,327,224.80. Following the sale, the president now owns 863,334 shares of the company’s stock, valued at $28,403,688.60. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. Artemis Investment Management LLP raised its stake in Morgan Stanley by 32.1% in the second quarter. Artemis Investment Management LLP now owns 700,000 shares of the financial services provider’s stock worth $18,197,000 after buying an additional 170,000 shares in the last quarter. Matrix Asset Advisors Inc. NY raised its stake in Morgan Stanley by 0.7% in the second quarter. Matrix Asset Advisors Inc. NY now owns 407,053 shares of the financial services provider’s stock worth $10,575,000 after buying an additional 2,918 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Morgan Stanley by 28.1% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 1,344,404 shares of the financial services provider’s stock worth $34,928,000 after buying an additional 294,902 shares in the last quarter. Boston Advisors LLC raised its stake in Morgan Stanley by 36.8% in the second quarter. Boston Advisors LLC now owns 821,395 shares of the financial services provider’s stock worth $21,340,000 after buying an additional 220,974 shares in the last quarter. Finally, Sadoff Investment Management LLC raised its stake in Morgan Stanley by 1.4% in the third quarter. Sadoff Investment Management LLC now owns 722,425 shares of the financial services provider’s stock worth $23,161,000 after buying an additional 9,960 shares in the last quarter. Institutional investors own 85.32% of the company’s stock.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Wednesday, October 19th. The financial services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.17. The business earned $8.91 billion during the quarter, compared to analysts’ expectations of $8.17 billion. Morgan Stanley had a net margin of 14.44% and a return on equity of 7.57%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the company posted $0.34 earnings per share.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Monday, October 31st were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.97%. Morgan Stanley’s payout ratio is 32.00%.

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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