Capstone Investment Advisors Netherlands B.V. bought a new stake in Morgan Stanley (NYSE:MS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,184 shares of the financial services provider’s stock, valued at approximately $231,000.

Several other large investors have also recently added to or reduced their stakes in the stock. HighTower Advisors LLC grew its stake in shares of Morgan Stanley by 17.7% in the second quarter. HighTower Advisors LLC now owns 263,270 shares of the financial services provider’s stock valued at $11,723,000 after buying an additional 39,523 shares in the last quarter. People s United Financial Inc. grew its stake in shares of Morgan Stanley by 19.4% in the second quarter. People s United Financial Inc. now owns 58,260 shares of the financial services provider’s stock valued at $2,596,000 after buying an additional 9,485 shares in the last quarter. First Allied Advisory Services Inc. grew its stake in shares of Morgan Stanley by 5.4% in the second quarter. First Allied Advisory Services Inc. now owns 37,404 shares of the financial services provider’s stock valued at $1,663,000 after buying an additional 1,923 shares in the last quarter. PDT Partners LLC grew its stake in shares of Morgan Stanley by 13.5% in the second quarter. PDT Partners LLC now owns 501,556 shares of the financial services provider’s stock valued at $22,349,000 after buying an additional 59,532 shares in the last quarter. Finally, Balyasny Asset Management LLC grew its stake in shares of Morgan Stanley by 11.3% in the second quarter. Balyasny Asset Management LLC now owns 329,088 shares of the financial services provider’s stock valued at $14,664,000 after buying an additional 33,451 shares in the last quarter. 85.18% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley (NYSE:MS) traded up 0.04% on Friday, reaching $48.17. The company had a trading volume of 5,200,481 shares. The stock has a market capitalization of $88.47 billion, a P/E ratio of 13.80 and a beta of 1.63. The stock’s 50-day moving average price is $46.13 and its 200-day moving average price is $44.52. Morgan Stanley has a 12-month low of $30.62 and a 12-month high of $48.90.

Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, July 19th. The financial services provider reported $0.87 EPS for the quarter, topping the consensus estimate of $0.76 by $0.11. Morgan Stanley had a return on equity of 9.83% and a net margin of 16.77%. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.05 billion. During the same quarter last year, the company earned $0.75 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. On average, equities research analysts anticipate that Morgan Stanley will post $3.48 EPS for the current fiscal year.

Morgan Stanley announced that its board has authorized a stock repurchase plan on Wednesday, June 28th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 6.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Several equities analysts recently weighed in on MS shares. Zacks Investment Research cut shares of Morgan Stanley from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. ValuEngine cut shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Instinet reissued a “buy” rating and issued a $50.00 target price (down from $51.00) on shares of Morgan Stanley in a research note on Saturday, June 3rd. J P Morgan Chase & Co reissued a “buy” rating and issued a $53.00 target price on shares of Morgan Stanley in a research note on Monday, June 26th. Finally, Wells Fargo & Company started coverage on shares of Morgan Stanley in a research note on Wednesday, August 9th. They issued a “market perform” rating and a $48.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $48.28.

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In other Morgan Stanley news, Chairman James P. Gorman sold 212,366 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $47.26, for a total value of $10,036,417.16. Following the sale, the chairman now owns 1,602,609 shares of the company’s stock, valued at approximately $75,739,301.34. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Jonathan Pruzan sold 25,767 shares of the firm’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $46.68, for a total value of $1,202,803.56. Following the completion of the sale, the chief financial officer now directly owns 196,708 shares in the company, valued at approximately $9,182,329.44. The disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.

About Morgan Stanley

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

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

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