Gibraltar Capital Management Inc. lessened its holdings in shares of Morgan Stanley (NYSE:MS) by 5.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,209 shares of the financial services provider’s stock after selling 3,982 shares during the period. Morgan Stanley comprises approximately 2.4% of Gibraltar Capital Management Inc.’s holdings, making the stock its 22nd largest holding. Gibraltar Capital Management Inc.’s holdings in Morgan Stanley were worth $3,166,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MS. Beacon Investment Advisory Services Inc. grew its holdings in shares of Morgan Stanley by 17.5% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 69,663 shares of the financial services provider’s stock worth $3,052,000 after acquiring an additional 10,371 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Morgan Stanley by 39.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 92,919 shares of the financial services provider’s stock worth $4,071,000 after acquiring an additional 26,400 shares during the period. Advisory Services Network LLC grew its holdings in shares of Morgan Stanley by 19.1% during the 2nd quarter. Advisory Services Network LLC now owns 6,573 shares of the financial services provider’s stock worth $288,000 after acquiring an additional 1,053 shares during the period. Tyers Asset Management LLC grew its holdings in shares of Morgan Stanley by 125.6% during the 1st quarter. Tyers Asset Management LLC now owns 81,840 shares of the financial services provider’s stock worth $3,454,000 after acquiring an additional 45,562 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. grew its holdings in shares of Morgan Stanley by 6.5% during the 1st quarter. Lowe Brockenbrough & Co. Inc. now owns 122,866 shares of the financial services provider’s stock worth $5,185,000 after acquiring an additional 7,452 shares during the period. Institutional investors own 83.58% of the company’s stock.

Shares of Morgan Stanley stock traded up $0.62 during midday trading on Wednesday, hitting $40.44. The company had a trading volume of 8,955,657 shares, compared to its average volume of 10,762,226. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market capitalization of $67.40 billion, a P/E ratio of 8.77, a P/E/G ratio of 1.05 and a beta of 1.35. The company has a 50 day moving average of $42.03 and a 200 day moving average of $43.48. Morgan Stanley has a 52-week low of $36.74 and a 52-week high of $48.67.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Thursday, July 18th. The financial services provider reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.10. The company had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.02 billion. Morgan Stanley had a return on equity of 11.04% and a net margin of 16.06%. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.30 EPS. Equities research analysts forecast that Morgan Stanley will post 4.74 EPS for the current year.

A number of research analysts have weighed in on MS shares. ValuEngine upgraded Morgan Stanley from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. BMO Capital Markets set a $69.00 target price on Morgan Stanley and gave the stock a “buy” rating in a report on Friday, July 19th. Citigroup upgraded Morgan Stanley from a “neutral” rating to a “buy” rating and upped their target price for the stock from $48.00 to $52.00 in a report on Friday, July 12th. TheStreet upgraded Morgan Stanley from a “c+” rating to a “b-” rating in a report on Wednesday, September 18th. Finally, Oppenheimer set a $65.00 target price on Morgan Stanley and gave the stock a “buy” rating in a report on Friday, July 19th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Morgan Stanley presently has a consensus rating of “Hold” and a consensus target price of $56.45.

In related news, major shareholder Ufj Financial Group Mitsubishi purchased 70,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The shares were bought at an average price of $1.01 per share, for a total transaction of $70,700.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders purchased a total of 420,000 shares of company stock worth $426,300 in the last 90 days. 0.23% of the stock is currently owned by company insiders.

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.

Featured Story: What causes a recession?

Want to see what other hedge funds are holding MS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley (NYSE:MS).

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

Receive News & Ratings for Morgan Stanley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley and related companies with MarketBeat.com's FREE daily email newsletter.