AQR Capital Management LLC cut its stake in shares of Morgan Stanley (NYSE:MS) by 8.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,322,889 shares of the financial services provider’s stock after selling 322,157 shares during the period. AQR Capital Management LLC’s holdings in Morgan Stanley were worth $142,352,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Lee Danner & Bass Inc. boosted its stake in shares of Morgan Stanley by 0.3% in the first quarter. Lee Danner & Bass Inc. now owns 8,685 shares of the financial services provider’s stock worth $372,000 after buying an additional 22 shares during the last quarter. Guardian Life Insurance Co. of America boosted its stake in shares of Morgan Stanley by 0.5% in the first quarter. Guardian Life Insurance Co. of America now owns 5,551 shares of the financial services provider’s stock worth $238,000 after buying an additional 25 shares during the last quarter. First Citizens Bank & Trust Co. boosted its stake in shares of Morgan Stanley by 0.4% in the first quarter. First Citizens Bank & Trust Co. now owns 9,488 shares of the financial services provider’s stock worth $406,000 after buying an additional 34 shares during the last quarter. Park National Corp OH boosted its stake in shares of Morgan Stanley by 1.0% in the first quarter. Park National Corp OH now owns 6,557 shares of the financial services provider’s stock worth $281,000 after buying an additional 65 shares during the last quarter. Finally, Adirondack Trust Co. boosted its stake in shares of Morgan Stanley by 2.5% in the first quarter. Adirondack Trust Co. now owns 2,824 shares of the financial services provider’s stock worth $121,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 85.26% of the company’s stock.

Morgan Stanley (NYSE:MS) opened at 45.17 on Monday. The company has a market cap of $83.55 billion, a PE ratio of 13.40 and a beta of 1.62. The company has a 50-day moving average price of $43.48 and a 200-day moving average price of $43.64. Morgan Stanley has a 1-year low of $27.69 and a 1-year high of $47.33.

Morgan Stanley (NYSE:MS) last posted its earnings results on Wednesday, April 19th. The financial services provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.10. Morgan Stanley had a net margin of 16.83% and a return on equity of 9.60%. The firm had revenue of $9.75 billion for the quarter, compared to the consensus estimate of $9.29 billion. During the same period in the previous year, the firm posted $0.55 EPS. The business’s quarterly revenue was up 25.1% on a year-over-year basis. On average, analysts expect that Morgan Stanley will post $3.39 EPS for the current fiscal year.

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A number of equities research analysts have issued reports on MS shares. Compass Point cut shares of Morgan Stanley from a “neutral” rating to a “sell” rating and set a $34.00 target price on the stock. in a report on Monday, March 27th. They noted that the move was a valuation call. Vetr cut shares of Morgan Stanley from a “hold” rating to a “sell” rating and set a $39.48 target price on the stock. in a report on Monday, March 27th. Instinet reissued a “buy” rating and set a $50.00 target price (down previously from $51.00) on shares of Morgan Stanley in a report on Saturday, June 3rd. HSBC Holdings plc reissued a “neutral” rating and set a $45.00 target price on shares of Morgan Stanley in a report on Tuesday, April 25th. Finally, J P Morgan Chase & Co reissued a “buy” rating on shares of Morgan Stanley in a report on Thursday, March 30th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $45.31.

In other news, Chairman James P. Gorman sold 212,365 shares of the business’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $42.93, for a total value of $9,116,829.45. Following the sale, the chairman now directly owns 1,389,378 shares in the company, valued at approximately $59,645,997.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.24% of the company’s stock.

Morgan Stanley Company Profile

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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Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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