CFM Wealth Partners LLC Sells 748 Shares of Morgan Stanley (NYSE:MS)

CFM Wealth Partners LLC reduced its position in Morgan Stanley (NYSE:MS) by 9.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,420 shares of the financial services provider’s stock after selling 748 shares during the quarter. CFM Wealth Partners LLC’s holdings in Morgan Stanley were worth $773,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA boosted its stake in shares of Morgan Stanley by 0.3% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock valued at $3,529,000 after purchasing an additional 100 shares in the last quarter. Viewpoint Capital Management LLC boosted its stake in shares of Morgan Stanley by 0.9% in the 2nd quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock valued at $1,197,000 after purchasing an additional 104 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its position in Morgan Stanley by 4.3% during the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 2,551 shares of the financial services provider’s stock worth $266,000 after buying an additional 104 shares during the period. WR Wealth Planners LLC boosted its position in Morgan Stanley by 24.4% during the 2nd quarter. WR Wealth Planners LLC now owns 541 shares of the financial services provider’s stock worth $53,000 after buying an additional 106 shares during the period. Finally, Atomi Financial Group Inc. boosted its position in Morgan Stanley by 0.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 12,893 shares of the financial services provider’s stock worth $1,344,000 after buying an additional 107 shares during the period. 84.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on MS shares. The Goldman Sachs Group lifted their target price on shares of Morgan Stanley from $105.00 to $106.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Oppenheimer downgraded shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. JMP Securities reiterated a “market perform” rating on shares of Morgan Stanley in a research report on Thursday, July 18th. Barclays lifted their target price on shares of Morgan Stanley from $116.00 to $121.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 17th. Finally, Citigroup raised their price target on shares of Morgan Stanley from $98.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $103.06.

Morgan Stanley Stock Performance

MS opened at $112.22 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.96. The company’s fifty day moving average price is $101.81 and its two-hundred day moving average price is $98.81. Morgan Stanley has a 1-year low of $69.42 and a 1-year high of $116.06. The company has a market cap of $182.38 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 1.17 and a beta of 1.36.

Morgan Stanley (NYSE:MS) last released its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.17. Morgan Stanley had a net margin of 10.17% and a return on equity of 11.85%. The firm had revenue of $15.02 billion for the quarter, compared to the consensus estimate of $14.32 billion. During the same quarter in the prior year, the company posted $1.24 earnings per share. The business’s revenue was up 11.6% on a year-over-year basis. On average, analysts expect that Morgan Stanley will post 6.95 EPS for the current fiscal year.

Insider Transactions at Morgan Stanley

In other news, insider Mandell Crawley sold 3,500 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $105.25, for a total value of $368,375.00. Following the completion of the sale, the insider now owns 43,224 shares in the company, valued at $4,549,326. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Mandell Crawley sold 3,500 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $105.25, for a total value of $368,375.00. Following the completion of the sale, the insider now owns 43,224 shares in the company, valued at $4,549,326. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Raja Akram sold 7,500 shares of the stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $106.37, for a total transaction of $797,775.00. Following the transaction, the chief financial officer now owns 87,119 shares of the company’s stock, valued at approximately $9,266,848.03. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.