Regentatlantic Capital LLC Buys 2548 Shares of Morgan Stanley (MS)

Lloyd Doyle
November 14, 2017

Atalanta Sosnoff Capital Llc increased its stake in Morgan Stanley (MS) by 12.15% based on its latest 2017Q2 regulatory filing with the SEC. Aviance Capital Partners, LLC expanded its investment by buying 24 shares an increase of 0.1% in the quarter. Hedge funds and other institutional investors own 47.30% of the company's stock. Icon Advisers Inc. Co. now owns 54,378 shares of the company's stock valued at $945,000 after purchasing an additional 35,341 shares during the last quarter. Morgan Stanley's revenue for the quarter was up 14.7% on a year-over-year basis. The Herndon Capital Management Llc holds 42,540 shares with $1.49 million value, up from 13,564 last quarter. The RSI may be more volatile using a shorter period of time. The value of the company's investment in Morgan Stanley China A Share Fund Inc decreased from $276,000 to $273,000 a change of $3,000 quarter over quarter. BB&T Corp now owns 171,122 shares of the financial services provider's stock worth $8,243,000 after purchasing an additional 15,162 shares in the last quarter. Pictet Asset Management Ltd. now owns 785,734 shares of the financial services provider's stock valued at $19,408,000 after buying an additional 10,500 shares during the period.

When undertaking stock analysis, investors and traders may choose to view multiple technical levels. The company combines global strength in investment banking and institutional sales and trading with strength in providing full-service and on-line brokerage services, investment and global asset management services and, primarily through its Discover Card brand, quality consumer credit products. Morgan Stanley has $82 highest and $1 lowest target. The company has a market cap of $88,153.16, a P/E ratio of 13.51, a PEG ratio of 1.12 and a beta of 1.66. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. Moreover, Advisory has 0% invested in Morgan Stanley (NYSE:MS) for 6,204 shares. The financial services provider reported $0.80 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.17. Morgan Stanley had a net margin of 14.44% and a return on equity of 7.61%. The company earned $8.91 billion during the quarter, compared to analyst estimates of $8.17 billion.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Days to cover decreased from 0.0 to 0.0 and the percentage of shorted shares is 0.00% as of October 13. This represents a $1.00 annualized dividend and a yield of 2.05%. Investors of record on Tuesday, October 31st will be issued a $0.25 dividend. Morgan Stanley's payout ratio is 27.70%. Atalanta Sosnoff Capital Llc bought 154,233 shares as the company's stock declined 9.43% while stock markets rallied. If you are reading this news story on another site, it was copied illegally and reposted in violation of USA & global copyright and trademark laws. Currently, Morgan Stanley (NYSE:MS) has an average volume of 7.94 Million. The ex-dividend date is Monday, October 30th. The total value of its holdings increased 11.6%. Following the sale, the insider now owns 111,776 shares in the company, valued at approximately $5,596,624.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Thomas Colm Kelleher sold 40,000 shares of the stock in a transaction dated Monday, October 23rd. The stock was purchased at an average price of $17.52 per share, with a total value of $582,855.36. The disclosure for this sale can be found here.

Several equities research analysts recently issued reports on MS shares. Finally, Oppenheimer Holdings, Inc. reaffirmed a "hold" rating on shares of Morgan Stanley in a report on Tuesday, October 17th. Morgan Stanley had 82 analyst reports since July 21, 2015 according to SRatingsIntel. On October 18 BMO Capital Markets made no change to the company rating of "Top Pick" projecting a price of $69.00. Vetr raised Morgan Stanley from a "sell" rating to a "hold" rating and set a $26.38 target price on the stock in a report on Wednesday, July 13th.

October 9 investment analysts at Citigroup kept the company rating at "Neutral" targeting a price of $50.00. They set a "hold" rating and a $29.00 price objective on the stock.

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