Springhouse Capital Management Lp buys $23,938,241 stake in Morgan Stanley (MS)

Morgan Stanley (MS) : Springhouse Capital Management Lp scooped up 535,333 additional shares in Morgan Stanley during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 911,933 shares of Morgan Stanley which is valued at $23,938,241.Morgan Stanley makes up approximately 12.46% of Springhouse Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Bluecrest Capital Management Ltd boosted its stake in MS in the latest quarter, The investment management firm added 15,382 additional shares and now holds a total of 221,300 shares of Morgan Stanley which is valued at $5,809,125. Morgan Stanley makes up approx 0.51% of Bluecrest Capital Management Ltd’s portfolio.Great West Life Assurance Co Can boosted its stake in MS in the latest quarter, The investment management firm added 297,845 additional shares and now holds a total of 1,233,259 shares of Morgan Stanley which is valued at $33,371,989. Morgan Stanley makes up approx 0.12% of Great West Life Assurance Co Can’s portfolio.Buffington Mohr Mcneal boosted its stake in MS in the latest quarter, The investment management firm added 36,090 additional shares and now holds a total of 81,225 shares of Morgan Stanley which is valued at $2,197,949. Morgan Stanley makes up approx 0.97% of Buffington Mohr Mcneal’s portfolio.Conning boosted its stake in MS in the latest quarter, The investment management firm added 1,020 additional shares and now holds a total of 35,967 shares of Morgan Stanley which is valued at $973,267. Morgan Stanley makes up approx 0.04% of Conning’s portfolio.Quantres Asset Management Ltd boosted its stake in MS in the latest quarter, The investment management firm added 26,000 additional shares and now holds a total of 45,000 shares of Morgan Stanley which is valued at $1,246,500. Morgan Stanley makes up approx 1.16% of Quantres Asset Management Ltd’s portfolio.

Morgan Stanley opened for trading at $26.41 and hit $26.79 on the upside on Tuesday, eventually ending the session at $26.63, with a gain of 2.03% or 0.53 points. The heightened volatility saw the trading volume jump to 1,12,00,019 shares. Company has a market cap of $51,583 M.

On the company’s financial health, Morgan Stanley reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $0.47. The company had revenue of $7792.00 million for the quarter, compared to analysts expectations of $7632.91 million. The company’s revenue was down -21.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.85 EPS.

Many Wall Street Analysts have commented on Morgan Stanley. Shares were Reiterated by UBS on Apr 19, 2016 to “Buy” and Lowered the Price Target to $ 32 from a previous price target of $34 .Shares were Reiterated by Barclays on Apr 6, 2016 to “Equal Weight” and Lowered the Price Target to $ 32 from a previous price target of $35 .Morgan Stanley was Upgraded by Portales Partners to ” Sector Perform” on Feb 16, 2016.

Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates the Company provides a variety of products and financial services to a group of clients and customers including corporations governments financial institutions and individuals. The Company’s operating segments include Institutional Securities Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management Alternative Investments Merchant Banking and Real Estate Investing activities and offers clients an array of equity fixed income alternative investments real estate and merchant banking strategies.

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