Morgan Stanley (NYSE:MS) Shares Bought by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group grew its position in shares of Morgan Stanley (NYSE:MS) by 19.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,578 shares of the financial services provider’s stock after buying an additional 419 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Morgan Stanley were worth $109,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Muhlenkamp & Co. Inc. purchased a new position in shares of Morgan Stanley during the 1st quarter worth about $456,000. Marshall Wace LLP boosted its stake in shares of Morgan Stanley by 2,320.6% during the 1st quarter. Marshall Wace LLP now owns 520,118 shares of the financial services provider’s stock worth $21,949,000 after purchasing an additional 498,631 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Morgan Stanley by 23.1% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,790,269 shares of the financial services provider’s stock worth $75,549,000 after purchasing an additional 336,169 shares during the period. Twin Focus Capital Partners LLC boosted its stake in shares of Morgan Stanley by 41.0% during the 1st quarter. Twin Focus Capital Partners LLC now owns 8,600 shares of the financial services provider’s stock worth $363,000 after purchasing an additional 2,500 shares during the period. Finally, MARSHALL WACE ASIA Ltd boosted its position in Morgan Stanley by 32.9% in the 1st quarter. MARSHALL WACE ASIA Ltd now owns 1,419,731 shares of the financial services provider’s stock valued at $59,913,000 after buying an additional 351,292 shares during the period. Hedge funds and other institutional investors own 83.85% of the company’s stock.

In other Morgan Stanley news, insider Daniel A. Simkowitz bought 7,000 shares of Morgan Stanley stock in a transaction dated Thursday, April 18th. The stock was acquired at an average cost of $47.57 per share, for a total transaction of $332,990.00. Following the completion of the transaction, the insider now directly owns 193,089 shares of the company’s stock, valued at $9,185,243.73. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Several equities research analysts have issued reports on the stock. Citigroup raised shares of Infosys from a “neutral” rating to a “buy” rating in a research report on Friday. Wells Fargo & Co restated a “buy” rating on shares of Morgan Stanley in a report on Wednesday, April 17th. Oppenheimer set a $15.00 price target on shares of Strongbridge Biopharma and gave the company a “buy” rating in a report on Tuesday, March 26th. BMO Capital Markets reduced their price objective on shares of Pentair to $39.00 and set a “market perform” rating for the company in a research note on Thursday, April 18th. Finally, Royal Bank of Canada set a GBX 5,200 ($67.95) price objective on shares of London Stock Exchange Group and gave the stock a “buy” rating in a research note on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $56.27.

NYSE MS traded up $0.69 during mid-day trading on Friday, reaching $44.87. 9,563,155 shares of the stock were exchanged, compared to its average volume of 8,334,483. The business has a 50 day simple moving average of $43.09. Morgan Stanley has a 1 year low of $36.74 and a 1 year high of $51.53. The stock has a market cap of $75.48 billion, a P/E ratio of 9.73, a P/E/G ratio of 1.07 and a beta of 1.31. 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 (NYSE:MS) last announced its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.16. The firm had revenue of $10.29 billion for the quarter, compared to the consensus estimate of $9.96 billion. Morgan Stanley had a net margin of 16.75% and a return on equity of 11.45%. The firm’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.45 earnings per share. Equities analysts forecast that Morgan Stanley will post 4.67 EPS for the current year.

Morgan Stanley Profile

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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