Morgan Stanley (MS) : Artal Group S.a. reduced its stake in Morgan Stanley by 20.0% during the most recent quarter end. The investment management company now holds a total of 400,000 shares of Morgan Stanley which is valued at $11,668,000 after selling 100,000 shares in Morgan Stanley , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Morgan Stanley makes up approximately 0.24% of Artal Group S.a.’s portfolio.
Other Hedge Funds, Including , Rosenblum Silverman Sutton S F Inc Ca reduced its stake in MS by selling 35,850 shares or 60.32% in the most recent quarter. The Hedge Fund company now holds 23,582 shares of MS which is valued at $687,887. Morgan Stanley makes up approx 0.31% of Rosenblum Silverman Sutton S F Inc Ca’s portfolio. Calvert Investment Management added MS to its portfolio by purchasing 112,718 company shares during the most recent quarter which is valued at $3,269,949. Morgan Stanley makes up approx 0.16% of Calvert Investment Management’s portfolio.Nordea Investment Management Ab reduced its stake in MS by selling 13,920 shares or 17.58% in the most recent quarter. The Hedge Fund company now holds 65,247 shares of MS which is valued at $1,877,809. Morgan Stanley makes up approx 0.01% of Nordea Investment Management Ab’s portfolio.
Morgan Stanley opened for trading at $30.8 and hit $30.97 on the upside on Tuesday, eventually ending the session at $30.72, with a gain of 0.39% or 0.12 points. The heightened volatility saw the trading volume jump to 79,07,179 shares. Company has a market cap of $58,731 M.
On the company’s financial health, Morgan Stanley reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.59. The company had revenue of $8909.00 million for the quarter, compared to analysts expectations of $8312.73 million. The company’s revenue was down -8.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.79 EPS.
Many Wall Street Analysts have commented on Morgan Stanley. Company shares were Reiterated by RBC Capital Mkts on Jul 21, 2016 to “Outperform”, Firm has raised the Price Target to $ 32 from a previous price target of $27 .Berenberg Initiated Morgan Stanley on Jul 13, 2016 to “Hold”, Price Target of the shares are set at $29.
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.