BlueCrest Capital Management Ltd increased its stake in Morgan Stanley (NYSE:MS) by 3.2% during the first quarter, Holdings Channel reports. The institutional investor owned 144,429 shares of the financial services provider’s stock after buying an additional 4,505 shares during the period. BlueCrest Capital Management Ltd’s holdings in Morgan Stanley were worth $6,187,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gotham Asset Management LLC raised its position in Morgan Stanley by 119.2% in the first quarter. Gotham Asset Management LLC now owns 60,396 shares of the financial services provider’s stock valued at $2,587,000 after buying an additional 32,847 shares during the period. Level Four Advisory Services LLC raised its position in Morgan Stanley by 6.1% in the first quarter. Level Four Advisory Services LLC now owns 28,772 shares of the financial services provider’s stock valued at $1,214,000 after buying an additional 1,656 shares during the period. Nippon Life Global Investors Americas Inc. raised its position in Morgan Stanley by 20.0% in the first quarter. Nippon Life Global Investors Americas Inc. now owns 138,480 shares of the financial services provider’s stock valued at $5,932,000 after buying an additional 23,050 shares during the period. Weiss Multi Strategy Advisers LLC acquired a new position in Morgan Stanley during the first quarter valued at $417,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Morgan Stanley during the first quarter valued at $3,361,000. 85.26% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley (NYSE MS) opened at 45.17 on Monday. The firm’s 50-day moving average price is $43.48 and its 200-day moving average price is $43.64. The firm has a market cap of $83.55 billion, a P/E ratio of 13.40 and a beta of 1.62. Morgan Stanley has a 1-year low of $27.69 and a 1-year high of $47.33.

Morgan Stanley (NYSE:MS) last announced its earnings results on Wednesday, April 19th. The financial services provider reported $1.00 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.10. Morgan Stanley had a net margin of 16.83% and a return on equity of 9.60%. The business had revenue of $9.75 billion during the quarter, compared to the consensus estimate of $9.29 billion. During the same quarter last year, the firm earned $0.55 earnings per share. The business’s revenue for the quarter was up 25.1% on a year-over-year basis. Equities research analysts anticipate that Morgan Stanley will post $3.39 earnings per share for the current fiscal year.

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MS has been the subject of several research analyst reports. Vetr raised Morgan Stanley from a “sell” rating to a “hold” rating and set a $43.48 price objective for the company in a research report on Monday, March 20th. Compass Point lowered Morgan Stanley from a “neutral” rating to a “sell” rating and set a $34.00 price objective for the company. in a research report on Monday, March 27th. They noted that the move was a valuation call. Deutsche Bank AG raised Morgan Stanley from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $42.49 to $47.00 in a research report on Wednesday, March 29th. J P Morgan Chase & Co reissued a “buy” rating on shares of Morgan Stanley in a research report on Thursday, March 30th. Finally, Vining Sparks reissued a “strong-buy” rating and issued a $51.00 price objective on shares of Morgan Stanley in a research report on Thursday, April 20th. Two analysts have rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $45.31.

In other news, Chairman James P. Gorman sold 212,365 shares of the stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $42.93, for a total transaction of $9,116,829.45. Following the sale, the chairman now owns 1,389,378 shares in the company, valued at $59,645,997.54. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.24% of the stock is currently owned by company insiders.

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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