Keefe, Bruyette & Woods reissued their buy rating on shares of Morgan Stanley (NYSE:MS) in a report issued on Friday morning. Keefe, Bruyette & Woods currently has a $63.00 target price on the financial services provider’s stock.

Other equities research analysts have also recently issued research reports about the company. Zacks Investment Research raised Morgan Stanley from a hold rating to a buy rating and set a $49.00 target price for the company in a research note on Monday, September 11th. ValuEngine cut Morgan Stanley from a strong-buy rating to a buy rating in a research note on Friday, September 1st. JPMorgan Chase & Co. set a $53.00 target price on Morgan Stanley and gave the stock a buy rating in a research note on Friday, September 15th. raised Morgan Stanley from a hold rating to a buy rating and set a $53.00 target price for the company in a research note on Friday, September 15th. Finally, Buckingham Research raised their target price on Morgan Stanley from $54.00 to $57.00 and gave the stock a buy rating in a research note on Wednesday, October 18th. One analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Morgan Stanley presently has an average rating of Buy and an average price target of $51.70.

Shares of Morgan Stanley (NYSE:MS) opened at $52.72 on Friday. Morgan Stanley has a fifty-two week low of $40.06 and a fifty-two week high of $54.25. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $95,310.00, a P/E ratio of 14.56, a P/E/G ratio of 1.24 and a beta of 1.64.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.81 by $0.12. Morgan Stanley had a return on equity of 10.07% and a net margin of 16.76%. The firm had revenue of $9.20 billion during the quarter, compared to analysts’ expectations of $9.05 billion. During the same quarter last year, the firm earned $0.80 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. research analysts forecast that Morgan Stanley will post 3.59 EPS for the current year.

In other news, insider Keishi Hotsuki sold 25,000 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey S. Brodsky sold 16,397 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $50.07, for a total value of $820,997.79. Following the transaction, the insider now owns 111,776 shares of the company’s stock, valued at $5,596,624.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 85,247 shares of company stock valued at $4,284,364. Company insiders own 0.35% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Davidson & Garrard Inc. boosted its holdings in Morgan Stanley by 2.2% in the second quarter. Davidson & Garrard Inc. now owns 5,525 shares of the financial services provider’s stock valued at $246,000 after purchasing an additional 120 shares during the period. Omnia Family Wealth LLC boosted its holdings in Morgan Stanley by 5.8% in the second quarter. Omnia Family Wealth LLC now owns 2,429 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 134 shares during the period. Optimum Investment Advisors boosted its holdings in Morgan Stanley by 2.6% in the second quarter. Optimum Investment Advisors now owns 11,674 shares of the financial services provider’s stock valued at $520,000 after purchasing an additional 301 shares during the period. Woodmont Investment Counsel LLC boosted its holdings in Morgan Stanley by 4.3% in the second quarter. Woodmont Investment Counsel LLC now owns 7,546 shares of the financial services provider’s stock valued at $336,000 after purchasing an additional 312 shares during the period. Finally, Financial Counselors Inc. boosted its holdings in Morgan Stanley by 6.7% in the second quarter. Financial Counselors Inc. now owns 6,332 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 85.49% of the company’s stock.

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About Morgan Stanley

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Analyst Recommendations for Morgan Stanley (NYSE:MS)

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