Welch Capital Partnersny buys $10.6 Million stake in Morgan Stanley (MS)

Morgan Stanley (MS) : Welch Capital Partnersny scooped up 3,330 additional shares in Morgan Stanley during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 409,268 shares of Morgan Stanley which is valued at $10.6 Million.Morgan Stanley makes up approximately 3.89% of Welch Capital Partnersny’s portfolio.

Other Hedge Funds, Including , Mycio Wealth Partners boosted its stake in MS in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 335 shares of Morgan Stanley which is valued at $8,673.State Treasurer State Of Michigan boosted its stake in MS in the latest quarter, The investment management firm added 9,400 additional shares and now holds a total of 525,955 shares of Morgan Stanley which is valued at $13.8 Million. Morgan Stanley makes up approx 0.11% of State Treasurer State Of Michigan’s portfolio.Andra Ap-fonden reduced its stake in MS by selling 9,000 shares or 5.64% in the most recent quarter. The Hedge Fund company now holds 150,700 shares of MS which is valued at $4 Million. Morgan Stanley makes up approx 0.11% of Andra Ap-fonden’s portfolio.Wellcome Trust Ltd (the) As Trustee Of The Wellcome Trust boosted its stake in MS in the latest quarter, The investment management firm added 755,000 additional shares and now holds a total of 8,355,000 shares of Morgan Stanley which is valued at $226.1 Million. Morgan Stanley makes up approx 5.24% of Wellcome Trust Ltd (the) As Trustee Of The Wellcome Trust’s portfolio.Sumitomo Life Insurance Co reduced its stake in MS by selling 2,104 shares or 2.94% in the most recent quarter. The Hedge Fund company now holds 69,530 shares of MS which is valued at $1.9 Million. Morgan Stanley makes up approx 0.24% of Sumitomo Life Insurance Co’s portfolio.

Morgan Stanley opened for trading at $25.86 and hit $26.42 on the upside on Monday, eventually ending the session at $26.21, with a gain of 1.24% or 0.32 points. The heightened volatility saw the trading volume jump to 98,83,850 shares. Company has a market cap of $50,769 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.

Leave a Reply

Morgan Stanley - Is it time to Sell?

Top Brokerage Firms are advising their investors on Morgan Stanley. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.