Exclusive: What’s Next for Morgan Stanley After Today’s Significant Increase?

Exclusive: What's Next for Morgan Stanley After Today's Significant Increase?

The stock of Morgan Stanley (NYSE:MS) is a huge mover today! About 2.86M shares traded hands. Morgan Stanley (NYSE:MS) has risen 30.19% since March 8, 2016 and is uptrending. It has outperformed by 20.87% the S&P500.
The move comes after 8 months positive chart setup for the $62.17 billion company. It was reported on Oct, 11 by Barchart.com. We have $48.08 PT which if reached, will make NYSE:MS worth $30.46B more.

Analysts await Morgan Stanley (NYSE:MS) to report earnings on October, 17. They expect $0.64 EPS, up 88.24% or $0.30 from last year’s $0.34 per share. MS’s profit will be $1.23B for 12.61 P/E if the $0.64 EPS becomes a reality. After $0.75 actual EPS reported by Morgan Stanley for the previous quarter, Wall Street now forecasts -14.67% negative EPS growth.

Morgan Stanley (NYSE:MS) Ratings Coverage

Out of 20 analysts covering Morgan Stanley (NYSE:MS), 10 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 50% are positive. Morgan Stanley has been the topic of 45 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Argus Research maintained Morgan Stanley (NYSE:MS) on Tuesday, January 19 with “Buy” rating. The stock of Morgan Stanley (NYSE:MS) has “Buy” rating given on Friday, September 4 by Argus Research. The rating was maintained by Barclays Capital on Wednesday, April 6 with “Equalweight”. As per Tuesday, August 25, the company rating was upgraded by Buckingham Research. The rating was maintained by RBC Capital Markets on Thursday, January 21 with “Outperform”. The stock has “Buy” rating given by Argus Research on Wednesday, August 17. The company was initiated on Tuesday, December 1 by UBS. The rating was upgraded by JMP Securities to “Outperform” on Thursday, October 8. On Tuesday, October 20 the stock rating was downgraded by S&P Research to “Buy”. On Wednesday, October 7 the stock rating was upgraded by RBC Capital Markets to “Outperform”.

According to Zacks Investment Research, “MORGAN STANLEY is a preeminent global financial services firm that maintains leading market positions in each of its three primary businesses: securities; asset management; and credit services. The company combines global strength in investment banking and institutional sales and trading with strength in providing full-service and on-line brokerage services, investment and global asset management services and, primarily through its Discover Card brand, quality consumer credit products.”

Insitutional Activity: The institutional sentiment decreased to 0.85 in Q2 2016. Its down 0.25, from 1.1 in 2016Q1. The ratio dropped, as 82 funds sold all Morgan Stanley shares owned while 263 reduced positions. 56 funds bought stakes while 236 increased positions. They now own 1.59 billion shares or 3.33% more from 1.54 billion shares in 2016Q1.
Cupps Cap Mngmt Ltd Llc holds 7,069 shares or 0.05% of its portfolio. Group Inc One Trading Lp, a Illinois-based fund reported 46,469 shares. Texas Permanent School Fund accumulated 0.17% or 490,192 shares. Bluecrest Management Ltd holds 0.02% or 20,175 shares in its portfolio. Convergence Inv Prns accumulated 0.29% or 82,486 shares. Sumitomo Mitsui Asset Mgmt Company has 116,752 shares for 0.09% of their US portfolio. Blue Bell Private Wealth Mngmt holds 0.02% or 1,311 shares in its portfolio. Pillar Pacific Cap Management Llc, a California-based fund reported 131,113 shares. Moreover, Hexavest has 0.42% invested in Morgan Stanley (NYSE:MS) for 1.07M shares. Becker Inc holds 1.37 million shares or 1.46% of its portfolio. Central Bancorp reported 994 shares or 0.01% of all its holdings. Hourglass Limited Liability Company holds 2.08% or 323,314 shares in its portfolio. Cadence Mngmt Limited Liability Corporation reported 26,865 shares or 0.05% of all its holdings. Bbva Compass Bancshares reported 196,130 shares or 0.38% of all its holdings. Toronto Dominion Bank & Trust, a Ontario – Canada-based fund reported 47,248 shares.

Insider Transactions: Since June 29, 2016, the stock had 2 insider buys, and 0 selling transactions for $4.00 million net activity. Trombetta Giandomenico also bought $2.00M worth of Morgan Stanley (NYSE:MS) shares. Another trade for 1.00 million shares valued at $2.00 million was bought by BP4 S.r.l..

More notable recent Morgan Stanley (NYSE:MS) news were published by: Cnbc.com which released: “Goldman Sachs, JPMorgan, Morgan Stanley mull London exodus” on October 10, 2016, also Reuters.com with their article: “Morgan Stanley-backed fund to buy stake in Thai diaper maker for $46.2 mil…” published on October 11, 2016, Businessinsider.com published: “MORGAN STANLEY ON BREXIT: ‘The jobs that go may be somewhat significant'” on October 11, 2016. More interesting news about Morgan Stanley (NYSE:MS) were released by: Bloomberg.com and their article: “Morgan Stanley’s Feeling Pretty Good About the Chinese Economy – For Now” published on October 10, 2016 as well as Fortune.com‘s news article titled: “Morgan Stanley Has Been Charged With Running Unethical Sales Contests” with publication date: October 03, 2016.

MS Company Profile

Morgan Stanley, incorporated on October 1, 1981, is a financial holding company. The Firm is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for governments, institutions and individuals. The Company’s divisions include Institutional Securities, Wealth Management and Investment Management. Through its subsidiaries and affiliates, the Company provides a range of services and products to a group of clients and customers, including firms, governments, financial institutions and individuals.

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