35,362 Shares in Morgan Stanley (NYSE:MS) Acquired by Surience Private Wealth LLC

Surience Private Wealth LLC acquired a new stake in Morgan Stanley (NYSE:MS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 35,362 shares of the financial services provider’s stock, valued at approximately $4,446,000. Morgan Stanley accounts for about 5.7% of Surience Private Wealth LLC’s portfolio, making the stock its 7th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of MS. Peoples Bank KS bought a new position in Morgan Stanley in the 4th quarter valued at about $25,000. Northwest Investment Counselors LLC bought a new position in shares of Morgan Stanley in the third quarter valued at approximately $26,000. Rakuten Securities Inc. boosted its position in shares of Morgan Stanley by 138.1% during the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock valued at $31,000 after buying an additional 174 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Morgan Stanley during the third quarter worth $36,000. Finally, Planning Capital Management Corp raised its position in Morgan Stanley by 115.1% in the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock valued at $37,000 after buying an additional 191 shares during the last quarter. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley Stock Up 5.2 %

Morgan Stanley stock opened at $131.08 on Thursday. The firm has a 50 day simple moving average of $128.74 and a 200 day simple moving average of $113.02. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 1-year low of $83.09 and a 1-year high of $136.24. The firm has a market capitalization of $211.17 billion, a price-to-earnings ratio of 19.95, a P/E/G ratio of 1.18 and a beta of 1.36.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.31. The company had revenue of $15.38 billion during the quarter, compared to analysts’ expectations of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. On average, analysts predict that Morgan Stanley will post 7.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Wells Fargo & Company upgraded shares of Morgan Stanley from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $107.00 to $142.00 in a report on Friday, November 15th. HSBC downgraded Morgan Stanley from a “buy” rating to a “hold” rating and increased their price target for the company from $128.00 to $131.00 in a research report on Tuesday, November 26th. Jefferies Financial Group boosted their price objective on Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, October 17th. The Goldman Sachs Group raised their target price on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Finally, Citigroup lifted their target price on Morgan Stanley from $105.00 to $135.00 and gave the stock a “neutral” rating in a research note on Monday, November 25th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Morgan Stanley currently has an average rating of “Hold” and an average target price of $126.07.

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.