San Luis Wealth Advisors LLC Has $879,000 Stock Position in Morgan Stanley (NYSE:MS)

San Luis Wealth Advisors LLC lifted its stake in shares of Morgan Stanley (NYSE:MS) by 6.4% during the 4th quarter, HoldingsChannel reports. The firm owned 6,990 shares of the financial services provider’s stock after acquiring an additional 419 shares during the period. San Luis Wealth Advisors LLC’s holdings in Morgan Stanley were worth $879,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Fifth Third Wealth Advisors LLC raised its position in Morgan Stanley by 2.5% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 22,731 shares of the financial services provider’s stock valued at $2,858,000 after purchasing an additional 545 shares during the last quarter. Community Trust & Investment Co. grew its position in shares of Morgan Stanley by 2.2% in the 4th quarter. Community Trust & Investment Co. now owns 33,138 shares of the financial services provider’s stock valued at $4,166,000 after buying an additional 714 shares during the last quarter. Pines Wealth Management LLC acquired a new stake in shares of Morgan Stanley in the fourth quarter valued at about $397,000. SeaCrest Wealth Management LLC raised its position in shares of Morgan Stanley by 0.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 16,186 shares of the financial services provider’s stock worth $2,035,000 after acquiring an additional 147 shares during the last quarter. Finally, Tlwm boosted its holdings in Morgan Stanley by 4.5% in the fourth quarter. Tlwm now owns 13,615 shares of the financial services provider’s stock valued at $1,712,000 after acquiring an additional 584 shares during the last quarter. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MS shares. Barclays raised their price target on shares of Morgan Stanley from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. JPMorgan Chase & Co. boosted their target price on shares of Morgan Stanley from $104.00 to $108.00 and gave the company a “neutral” rating in a report on Monday. Wells Fargo & Company upgraded Morgan Stanley from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $107.00 to $142.00 in a report on Friday, November 15th. Hsbc Global Res downgraded Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group raised their target price on Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Morgan Stanley has an average rating of “Hold” and a consensus price target of $126.07.

Morgan Stanley Trading Up 0.5 %

NYSE:MS opened at $124.66 on Wednesday. Morgan Stanley has a one year low of $83.09 and a one year high of $136.24. The company has a market cap of $200.83 billion, a PE ratio of 18.97, a PEG ratio of 1.18 and a beta of 1.36. The company has a debt-to-equity ratio of 3.14, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a 50-day moving average of $128.74 and a 200-day moving average of $113.02.

Morgan Stanley (NYSE:MS) last posted its earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.31. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. The company had revenue of $15.38 billion for the quarter, compared to analyst estimates of $14.27 billion. As a group, equities research analysts expect that Morgan Stanley will post 7.33 EPS for the current fiscal year.

Insider Activity at Morgan Stanley

In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $119.17, for a total value of $7,150,200.00. Following the completion of the sale, the director now directly owns 138,363 shares of the company’s stock, valued at approximately $16,488,718.71. This represents a 30.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.24% of the stock is currently owned by insiders.

Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.