Somewhat Favorable News Coverage Somewhat Unlikely to Impact Morgan Stanley (MS) Share Price
Headlines about Morgan Stanley (NYSE:MS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Morgan Stanley earned a news impact score of 0.13 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.5411332655786 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- GoPro sinks after Morgan Stanley says its cameras aren’t improving fast enough – CNBC (cnbc.com)
- Interactive Brokers Missed Earnings, Beat Revenue Estimates (finance.yahoo.com)
- What Drove Interactive Brokers’ Electronic Brokerage Division (finance.yahoo.com)
- Morgan Stanley Income Securities Inc. Announces Reorganization into Morgan Stanley Institutional Fund Trust – Corporate Bond Portfolio (businesswire.com)
- Morgan Stanley beats on earnings despite big hit to trading revenue (MS) (msn.com)
Shares of Morgan Stanley (NYSE:MS) traded down $0.45 during trading hours on Tuesday, hitting $56.91. 9,372,205 shares of the company were exchanged, compared to its average volume of 9,918,494. The firm has a market cap of $102,890.00, a P/E ratio of 18.42, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a 1-year low of $40.06 and a 1-year high of $57.50.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.76%. Morgan Stanley’s dividend payout ratio is 32.36%.
Several equities analysts recently commented on MS shares. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research note on Monday, December 11th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Morgan Stanley in a research note on Monday, November 20th. Buckingham Research upped their target price on shares of Morgan Stanley from $54.00 to $57.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $63.00 target price on shares of Morgan Stanley in a research note on Friday, December 22nd. Finally, Credit Suisse Group raised shares of Morgan Stanley to a “buy” rating and set a $58.00 price target on the stock in a report on Thursday, January 4th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $54.07.
In related news, Director Alistair Darling sold 3,850 shares of the stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $49.29, for a total value of $189,766.50. Following the sale, the director now directly owns 14,218 shares in the company, valued at approximately $700,805.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Keishi Hotsuki sold 25,000 shares of the stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The disclosure for this sale can be found here. Company insiders own 0.24% 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.
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