Morgan Stanley (MS) : United American Securities (dba Uas Asset Management) reduced its stake in Morgan Stanley by 87.34% during the most recent quarter end. The investment management company now holds a total of 27,500 shares of Morgan Stanley which is valued at $802,175 after selling 189,775 shares in Morgan Stanley , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Morgan Stanley makes up approximately 0.45% of United American Securities (dba Uas Asset Management)’s portfolio.
Other Hedge Funds, Including , Cim Investment Mangement Inc reduced its stake in MS by selling 1,370 shares or 4.21% in the most recent quarter. The Hedge Fund company now holds 31,201 shares of MS which is valued at $910,133. Morgan Stanley makes up approx 0.36% of Cim Investment Mangement Inc’s portfolio.Bronfman E.l. Rothschild reduced its stake in MS by selling 1,066 shares or 6.93% in the most recent quarter. The Hedge Fund company now holds 14,321 shares of MS which is valued at $417,744. Morgan Stanley makes up approx 0.07% of Bronfman E.l. Rothschild’s portfolio.Oppenheimerfunds reduced its stake in MS by selling 782,012 shares or 21.67% in the most recent quarter. The Hedge Fund company now holds 2,825,969 shares of MS which is valued at $82,433,516. Morgan Stanley makes up approx 0.10% of Oppenheimerfunds’s portfolio.Integrated Wealth Management reduced its stake in MS by selling 363 shares or 12.68% in the most recent quarter. The Hedge Fund company now holds 2,499 shares of MS which is valued at $71,022. Morgan Stanley makes up approx 0.03% of Integrated Wealth Management’s portfolio.Hartford Investment Management Co boosted its stake in MS in the latest quarter, The investment management firm added 483 additional shares and now holds a total of 371,033 shares of Morgan Stanley which is valued at $10,730,274. Morgan Stanley makes up approx 0.22% of Hartford Investment Management Co’s portfolio.
Morgan Stanley closed down -0.15 points or -0.47% at $31.91 with 1,19,86,456 shares getting traded on Thursday. Post opening the session at $32.14, the shares hit an intraday low of $31.44 and an intraday high of $32.37 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.