Jamison Private Wealth Management Inc. Buys 1,479 Shares of Morgan Stanley (NYSE:MS)

Jamison Private Wealth Management Inc. grew its stake in Morgan Stanley (NYSE:MS) by 131.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,601 shares of the financial services provider’s stock after acquiring an additional 1,479 shares during the quarter. Jamison Private Wealth Management Inc.’s holdings in Morgan Stanley were worth $271,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of MS. Capital International Investors increased its position in shares of Morgan Stanley by 16.3% during the first quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock valued at $2,681,778,000 after acquiring an additional 3,981,528 shares in the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of Morgan Stanley by 600.8% in the first quarter. Public Employees Retirement Association of Colorado now owns 1,301,835 shares of the financial services provider’s stock worth $122,581,000 after purchasing an additional 1,116,058 shares during the last quarter. Swedbank AB purchased a new position in shares of Morgan Stanley in the first quarter worth $87,558,000. International Assets Investment Management LLC purchased a new stake in shares of Morgan Stanley during the first quarter valued at $85,535,000. Finally, Bessemer Group Inc. increased its holdings in Morgan Stanley by 433.4% in the 1st quarter. Bessemer Group Inc. now owns 779,451 shares of the financial services provider’s stock worth $73,392,000 after buying an additional 633,319 shares in the last quarter. 84.19% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related 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 transaction of $368,375.00. Following the completion of the transaction, the insider now owns 43,224 shares in the company, valued at approximately $4,549,326. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MS shares. Oppenheimer downgraded shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 17th. Hsbc Global Res raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 4th. UBS Group boosted their target price on shares of Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a research note on Tuesday, October 8th. BMO Capital Markets lifted their price objective on Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a report on Thursday, July 18th. Finally, Citigroup increased their target price on Morgan Stanley from $98.00 to $105.00 and gave the company 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 given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $103.06.

Morgan Stanley Trading Up 6.5 %

Shares of MS stock opened at $119.52 on Thursday. The stock has a fifty day simple moving average of $102.36 and a two-hundred day simple moving average of $98.96. Morgan Stanley has a 52-week low of $69.42 and a 52-week high of $121.45. The firm has a market capitalization of $194.24 billion, a PE ratio of 21.77, a PEG ratio of 1.17 and a beta of 1.36. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.78 and a current ratio of 0.78.

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

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.