Mason Street Advisors Lowers stake in Morgan Stanley (MS)

Morgan Stanley (MS) : Mason Street Advisors reduced its stake in Morgan Stanley by 2.14% during the most recent quarter end. The investment management company now holds a total of 199,144 shares of Morgan Stanley which is valued at $7,836,316 after selling 4,362 shares in Morgan Stanley , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Morgan Stanley makes up approximately 0.22% of Mason Street Advisors’s portfolio.

Other Hedge Funds, Including , Barings boosted its stake in MS in the latest quarter, The investment management firm added 7,900 additional shares and now holds a total of 106,893 shares of Morgan Stanley which is valued at $4,206,240. Morgan Stanley makes up approx 0.22% of Barings’s portfolio.Cim Investment Mangement Inc reduced its stake in MS by selling 2,290 shares or 7.34% in the most recent quarter. The Hedge Fund company now holds 28,911 shares of MS which is valued at $1,099,196. Morgan Stanley makes up approx 0.42% of Cim Investment Mangement Inc’s portfolio.Ngam Advisors boosted its stake in MS in the latest quarter, The investment management firm added 14,747 additional shares and now holds a total of 323,048 shares of Morgan Stanley which is valued at $10,589,513. Morgan Stanley makes up approx 0.14% of Ngam Advisors’s portfolio.Endurance Wealth Management reduced its stake in MS by selling 300 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 300 shares of MS which is valued at $10,071.

Morgan Stanley opened for trading at $40 and hit $40.665 on the upside on Monday, eventually ending the session at $40.43, with a gain of 1.15% or 0.46 points. The heightened volatility saw the trading volume jump to 1,64,13,329 shares. Company has a market cap of $75,718 M.

On the company’s financial health, Morgan Stanley reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Oct 19, 2016. Analyst had a consensus of $0.63. The company had revenue of $8909.00 million for the quarter, compared to analysts expectations of $8160.32 million. The company’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.

Many Wall Street Analysts have commented on Morgan Stanley. Morgan Stanley was Upgraded by Guggenheim to ” Buy” on Oct 20, 2016. Company shares were Reiterated by Barclays on Oct 20, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 35 from a previous price target of $32 .

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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