Morgan Stanley (MS) : Prudential Plc scooped up 392,233 additional shares in Morgan Stanley during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 6,560,713 shares of Morgan Stanley which is valued at $191,375,998.Morgan Stanley makes up approximately 0.74% of Prudential Plc’s portfolio.
Other Hedge Funds, Including , Diamond Hill Capital Management Inc boosted its stake in MS in the latest quarter, The investment management firm added 418,850 additional shares and now holds a total of 12,149,704 shares of Morgan Stanley which is valued at $354,406,866. Morgan Stanley makes up approx 2.12% of Diamond Hill Capital Management Inc’s portfolio.Blair William Coil reduced its stake in MS by selling 4,416 shares or 6.36% in the most recent quarter. The Hedge Fund company now holds 65,068 shares of MS which is valued at $1,911,698. Morgan Stanley makes up approx 0.02% of Blair William Coil’s portfolio. Calvert Investment Management added MS to its portfolio by purchasing 112,718 company shares during the most recent quarter which is valued at $3,269,949. Morgan Stanley makes up approx 0.16% of Calvert Investment Management’s portfolio.Hosking Partners Llp boosted its stake in MS in the latest quarter, The investment management firm added 48,877 additional shares and now holds a total of 375,108 shares of Morgan Stanley which is valued at $10,660,569. Morgan Stanley makes up approx 0.42% of Hosking Partners Llp’s portfolio.Joel Isaacson boosted its stake in MS in the latest quarter, The investment management firm added 2,877 additional shares and now holds a total of 59,942 shares of Morgan Stanley which is valued at $1,733,523. Morgan Stanley makes up approx 0.36% of Joel Isaacson’s portfolio.
Morgan Stanley (MS) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $30.4 and reached the intraday high at $30.715. The bulls started the profit booking and pushed the shares to intraday low of $30.26. The trading session was marked by a volume range of 88,32,109 shares exchanging hands. The 52-week high of the shares is $37.78 and the 52-week low is $21.155. The market cap of the company stands at $58,406 M and there are 1,91,18,08,900 shares in public circulation.
On the company’s financial health, Morgan Stanley reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.59. The company had revenue of $8909.00 million for the quarter, compared to analysts expectations of $8312.73 million. The company’s revenue was down -8.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.79 EPS.
Many Wall Street Analysts have commented on Morgan Stanley. Company shares were Reiterated by RBC Capital Mkts on Jul 21, 2016 to “Outperform”, Firm has raised the Price Target to $ 32 from a previous price target of $27 .Berenberg Initiated Morgan Stanley on Jul 13, 2016 to “Hold”, Price Target of the shares are set at $29.
Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates the Company provides a variety of products and financial services to a group of clients and customers including corporations governments financial institutions and individuals. The Company’s operating segments include Institutional Securities Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management Alternative Investments Merchant Banking and Real Estate Investing activities and offers clients an array of equity fixed income alternative investments real estate and merchant banking strategies.