Relative Value Partners Group LLC bought a new position in Morgan Stanley (NYSE:MS) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,000 shares of the financial services provider’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in Morgan Stanley during the 4th quarter valued at approximately $676,319,000. ValueAct Holdings L.P. boosted its position in Morgan Stanley by 26.0% during the 4th quarter. ValueAct Holdings L.P. now owns 26,228,561 shares of the financial services provider’s stock valued at $1,039,962,000 after acquiring an additional 5,418,091 shares in the last quarter. Prudential Financial Inc. boosted its position in Morgan Stanley by 136.8% during the 4th quarter. Prudential Financial Inc. now owns 5,453,354 shares of the financial services provider’s stock valued at $216,226,000 after acquiring an additional 3,150,224 shares in the last quarter. SG Americas Securities LLC boosted its position in Morgan Stanley by 110.8% during the 1st quarter. SG Americas Securities LLC now owns 269,751 shares of the financial services provider’s stock valued at $11,383,000 after acquiring an additional 2,767,524 shares in the last quarter. Finally, FIL Ltd boosted its position in Morgan Stanley by 60.7% during the 1st quarter. FIL Ltd now owns 5,491,388 shares of the financial services provider’s stock valued at $231,737,000 after acquiring an additional 2,074,400 shares in the last quarter. 83.86% of the stock is currently owned by institutional investors.

In related news, insider Daniel A. Simkowitz purchased 7,000 shares of the company’s stock in a transaction dated Thursday, April 18th. The shares were purchased at an average cost of $47.57 per share, with a total value of $332,990.00. Following the transaction, the insider now directly owns 193,089 shares in the company, valued at approximately $9,185,243.73. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.23% of the company’s stock.

Several analysts have weighed in on the company. Zacks Investment Research cut Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Monday, March 11th. ValuEngine cut Morgan Stanley from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. Royal Bank of Canada reaffirmed a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Thursday, April 18th. Credit Suisse Group reaffirmed a “buy” rating and set a $56.00 price objective on shares of Morgan Stanley in a research report on Wednesday, February 20th. Finally, Wells Fargo & Co reaffirmed a “buy” rating on shares of Morgan Stanley in a research report on Wednesday, April 17th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $56.24.

Shares of MS traded down $0.13 during mid-day trading on Friday, reaching $42.82. The company had a trading volume of 7,102,628 shares, compared to its average volume of 8,442,010. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.60. Morgan Stanley has a 52 week low of $36.74 and a 52 week high of $51.53. The stock has a market cap of $72.25 billion, a P/E ratio of 9.29, a P/E/G ratio of 1.00 and a beta of 1.33.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.16. Morgan Stanley had a return on equity of 11.45% and a net margin of 16.75%. The firm had revenue of $10.29 billion for the quarter, compared to analysts’ expectations of $9.96 billion. During the same period in the previous year, the firm posted $1.45 EPS. The business’s revenue for the quarter was down 7.1% compared to the same quarter last year. On average, equities analysts anticipate that Morgan Stanley will post 4.78 EPS for the current year.

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About Morgan Stanley

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.

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

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