Vigilant Capital Management Lowers stake in Morgan Stanley (MS)

Morgan Stanley (MS) : Vigilant Capital Management reduced its stake in Morgan Stanley by 41.13% during the most recent quarter end. The investment management company now holds a total of 408 shares of Morgan Stanley which is valued at $13,085 after selling 285 shares in Morgan Stanley , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.

Other Hedge Funds, Including , Country Club Trust Company N.a. reduced its stake in MS by selling 830 shares or 3.22% in the most recent quarter. The Hedge Fund company now holds 24,920 shares of MS which is valued at $799,184. Morgan Stanley makes up approx 0.12% of Country Club Trust Company N.a.’s portfolio.Renaissance Investment Group reduced its stake in MS by selling 300 shares or 3.18% in the most recent quarter. The Hedge Fund company now holds 9,120 shares of MS which is valued at $289,378. Morgan Stanley makes up approx 0.14% of Renaissance Investment Group’s portfolio.Advisory Services Network reduced its stake in MS by selling 795 shares or 28.64% in the most recent quarter. The Hedge Fund company now holds 1,981 shares of MS which is valued at $64,006. Morgan Stanley makes up approx 0.01% of Advisory Services Network’s portfolio.Sadoff Investment Management boosted its stake in MS in the latest quarter, The investment management firm added 9,960 additional shares and now holds a total of 722,425 shares of Morgan Stanley which is valued at $23,341,552. Morgan Stanley makes up approx 2.59% of Sadoff Investment Management’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in MS in the latest quarter, The investment management firm added 82,743 additional shares and now holds a total of 941,731 shares of Morgan Stanley which is valued at $30,662,761. Morgan Stanley makes up approx 0.13% of Bnp Paribas Arbitrage Sa’s portfolio.

Morgan Stanley opened for trading at $32.24 and hit $32.79 on the upside on Friday, eventually ending the session at $32.07, with a gain of 1.07% or 0.34 points. The heightened volatility saw the trading volume jump to 1,37,34,116 shares. Company has a market cap of $61,312 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 .

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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