Jamison Private Wealth Management Inc. Purchases 1,479 Shares of Morgan Stanley (NYSE:MS)

Jamison Private Wealth Management Inc. grew its position in shares of Morgan Stanley (NYSE:MS) by 131.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,601 shares of the financial services provider’s stock after acquiring an additional 1,479 shares during the quarter. Jamison Private Wealth Management Inc.’s holdings in Morgan Stanley were worth $271,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Capital International Investors increased its stake in Morgan Stanley by 16.3% during the first quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock worth $2,681,778,000 after acquiring an additional 3,981,528 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Morgan Stanley by 2.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 12,875,677 shares of the financial services provider’s stock valued at $1,251,387,000 after purchasing an additional 303,654 shares during the last quarter. Legal & General Group Plc raised its holdings in Morgan Stanley by 2.0% during the 2nd quarter. Legal & General Group Plc now owns 10,597,493 shares of the financial services provider’s stock valued at $1,029,970,000 after buying an additional 212,551 shares during the period. Dimensional Fund Advisors LP lifted its position in Morgan Stanley by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 8,834,372 shares of the financial services provider’s stock worth $858,573,000 after buying an additional 242,896 shares during the last quarter. Finally, Boston Partners boosted its stake in Morgan Stanley by 0.8% during the first quarter. Boston Partners now owns 7,151,492 shares of the financial services provider’s stock worth $672,969,000 after buying an additional 57,104 shares during the period. 84.19% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Morgan Stanley

In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $105.25, for a total value of $368,375.00. Following the completion of the sale, the insider now owns 43,224 shares of the company’s stock, valued at approximately $4,549,326. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.24% of the company’s stock.

Morgan Stanley Price Performance

NYSE MS opened at $119.52 on Thursday. The firm’s 50 day moving average price is $102.36 and its 200-day moving average price is $98.96. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $194.24 billion, a PE ratio of 21.77, a P/E/G ratio of 1.17 and a beta of 1.36. Morgan Stanley has a 52-week low of $69.42 and a 52-week high of $121.45.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.65 by $0.17. The business had revenue of $15.02 billion during the quarter, compared to analyst estimates of $14.32 billion. Morgan Stanley had a net margin of 10.17% and a return on equity of 11.85%. The company’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.24 earnings per share. Sell-side analysts forecast that Morgan Stanley will post 6.95 EPS for the current fiscal year.

Analyst Ratings Changes

MS has been the subject of several analyst reports. Wells Fargo & Company lowered shares of Morgan Stanley from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $99.00 to $95.00 in a report on Friday, August 2nd. Oppenheimer downgraded shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 17th. Citigroup upped their target price on Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, July 17th. Hsbc Global Res raised Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 4th. Finally, BMO Capital Markets boosted their price objective on Morgan Stanley from $116.00 to $118.00 and gave the company an “outperform” rating in a report on Thursday, July 18th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Morgan Stanley currently has an average rating of “Hold” and an average price target of $103.06.

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments.