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Morgan Stanley (NYSE:MS) Earns Buy Rating from Keefe, Bruyette & Woods

April 21, 2018 20:37·
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According to 18 analysts, the Average Revenue Estimate for the current Fiscal quarter is $10.2 Billion and the Low Revenue estimate is $9.97 Billion, while the High Revenue estimate is $10.66 Billion. Its 52-week high and low range is $59.38 and $40.43, respectively. The Manufacturers Life Insurance Company grew its position in shares of Morgan Stanley by 2.5% during the fourth quarter. Morgan Stanley's revenue was up 25.1% on a year-over-year basis. The firm earned "Outperform" rating on Wednesday, February 7 by RBC Capital Markets. (NYSE:SNAP) on Monday, December 4 with "Hold" rating. During the same quarter in the prior year, the firm posted $1.00 earnings per share. Following the completion of the sale, the chief financial officer now directly owns 203,557 shares in the company, valued at $9,371,764.28. Taken together with a P/E ratio of 13.6 (which we believe is appropriate for the investment banking giant), this works out to a price estimate of $65 for Morgan Stanley's shares - almost 20% ahead of the current market price. In other words, the equal focus on investment banking as well as wealth management has limited the downside risk to Morgan Stanley's earnings to a great extent while still retaining sizable upside potential. In a note shared with investors and clients on Thursday morning, Snap (SNAP) shares have had their "Underweight" Rating kept by research analysts at Morgan Stanley.

Among 6 analysts covering AmBev SA (NYSE:ABEV), 4 have Buy rating, 0 Sell and 2 Hold. For the Current month, 6 analysts have assigned this stock as Buy where 7 assigned Outperform, 13 analysts believe it's a Hold, 1 said Underperform and only 1 assigned Sell rating. Morgan Stanley has a consensus rating of Buy and a consensus target price of $55.07. $16.08's average target is 8.36% above currents $14.84 stock price. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The rating was upgraded by Bank of America on Wednesday, February 7 to "Buy". The company's outstanding shares are 384.47 Million. Insiders have sold a total of 239,254 shares of company stock worth $13,085,019 over the last quarter.

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Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Wednesday, April 18th. First Citizens Bank & Trust Co. now owns 9,488 shares of the financial services provider's stock valued at $406,000 after buying an additional 34 shares during the last quarter. First Dallas Securities Inc. acquired a new stake in Morgan Stanley in the 4th quarter valued at approximately $121,000. Commerzbank Aktiengesellschaft FI owned about 0.08% of Morgan Stanley worth $60,521,000 at the end of the most recent quarter. IFM Investors Pty Ltd now owns 39,081 shares of the financial services provider's stock worth $1,883,000 after buying an additional 1,041 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,800 shares of the financial services provider's stock valued at $147,000 after acquiring an additional 1,524 shares during the period. Arizona State Retirement Sys stated it has 0.2% in Morgan Stanley (NYSE:MS). Blue Bell Private Wealth Management LLC now owns 24,966 shares of the company's stock valued at $446,000 after purchasing an additional 3,442 shares during the last quarter. It also reduced Rockwell Automation Inc (NYSE:ROK) stake by 13,200 shares and now owns 68,725 shares. Morgan Stanley has $72.0 highest and $51 lowest target. The company has a market cap of $95,433.72, a price-to-earnings ratio of 15.13, a PEG ratio of 0.91 and a beta of 1.54. When we see the company's Volatility, it now has a monthly volatility of 3.01% and weekly volatility of 2.88%. Stockholders of record on Monday, April 30th will be given a dividend of $0.25 per share.

Investors sentiment decreased to 0.87 in Q4 2017. The ex-dividend date is Friday, April 27th. Morgan Stanley's payout ratio is 27.78%. 606.34 million shares or 1.77% less from 617.24 million shares in 2017Q3 were reported. It also reduced its holding in Boeing Co (NYSE:BA) by 1,144 shares in the quarter, leaving it with 11,211 shares, and cut its stake in Abbott Labs (NYSE:ABT).

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