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Published: Thu, December 15, 2016
Business | By Patricia Jimenez

What Wall Street is saying about Morgan Stanley (NYSE:MS)


In case of Revenue Estimates, 17 analysts have provided their consensus Average Revenue Estimates for Morgan Stanley as 8.34 Billion. For the prior quarter revenue for the stock hit $8.91B, with EPS at $0.75.

Morgan Stanley (NYSE:MS) has the market capitalization of $79.43 Billion.

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These analysts also forecasted Growth Estimates for the Current Quarter for MS to be 46.5%.

MS has been the subject of a number of other research reports. 26 Analysts reported that the Price Target for Morgan Stanley might touch $48 high while the Average Price Target and Low price Target is $39.69 and $22.5 respectively. In a research note issued on Oct 20, 2016, analysts at Guggenheim lifted the stock to Buy from Neutral. 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. The Weekly and Monthly Volatility stands at 2.22% and 2.16%.

The buoyancy in the outlook of Morgan Stanley (MS) is getting weaker by the somewhat negative sentiment (2.40 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Outperform. Narrowing in closer, the stock is -2.89% off of the 50 day high and 38.96% removed from the 50 day low.

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The company also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. There was another key research note provided by Sandler O'Neill on Thursday October 06, 2016. Investors of record on Tuesday, November 1st were issued a dividend of $0.125 per share. Morgan Stanley's dividend payout ratio is now 32.00%.

In other Morgan Stanley news, insider Daniel A. Simkowitz sold 121,351 shares of the firm's stock in a transaction dated Thursday, December 1st. The stock was acquired at an average cost of $21.41 per share, with a total value of $14,987,000.00. Company insiders own 0.35% of the company's stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

In other Morgan Stanley news, major shareholder Stanley Morgan sold 357 shares of Morgan Stanley stock in a transaction that occurred on Tuesday, September 27th. The stock was sold at an average price of $32.90, for a total value of $7,327,224.80. Following the transaction, the chief financial officer now directly owns 210,814 shares in the company, valued at approximately $7,146,594.60.

Large investors have recently made changes to their positions in the company. FineMark National Bank & Trust now owns 4,332 shares of the financial services provider's stock worth $113,000 after buying an additional 84 shares during the period. "It's a sign that mutual funds aren't necessarily long-term holders when they buy private tech stocks". Finally, FineMark National Bank & Trust increased its stake in Morgan Stanley by 2.0% in the second quarter. Acrospire Investment Management LLC now owns 6,200 shares of the financial services provider's stock worth $161,000 after buying an additional 3,100 shares during the period. BlackRock Fund Advisors increased its stake in Morgan Stanley by 3.2% in the third quarter. First Manhattan Co. now owns 4,294 shares of the financial services provider's stock worth $137,000 after buying an additional 100 shares during the period.

The shares purchased from Morgan Stanley were part of a 2014 investment round that valued Airbnb at $10-billion, the people said. Synovus Financial Corp now owns 5,418 shares of the financial services provider's stock worth $141,000 after buying an additional 549 shares during the period.

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