Morgan Stanley (NYSE:MS) Shares Sold by Landsberg Bennett & Dubbaneh LLC

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Landsberg Bennett & Dubbaneh LLC decreased its position in Morgan Stanley (NYSE:MS) by 6.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,730 shares of the financial services provider’s stock after selling 413 shares during the quarter. Landsberg Bennett & Dubbaneh LLC’s holdings in Morgan Stanley were worth $245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC grew its position in shares of Morgan Stanley by 7.0% in the 1st quarter. FMR LLC now owns 25,890,003 shares of the financial services provider’s stock worth $1,092,558,000 after acquiring an additional 1,687,819 shares in the last quarter. Invesco Ltd. grew its position in shares of Morgan Stanley by 3.4% in the 2nd quarter. Invesco Ltd. now owns 21,671,991 shares of the financial services provider’s stock worth $949,451,000 after acquiring an additional 714,456 shares in the last quarter. Nuveen Asset Management LLC grew its position in shares of Morgan Stanley by 1,929.5% in the 2nd quarter. Nuveen Asset Management LLC now owns 16,566,955 shares of the financial services provider’s stock worth $725,798,000 after acquiring an additional 15,750,661 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Morgan Stanley by 12.8% in the 2nd quarter. Janus Henderson Group PLC now owns 8,323,739 shares of the financial services provider’s stock worth $364,667,000 after acquiring an additional 944,786 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. grew its position in shares of Morgan Stanley by 18.5% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 7,278,764 shares of the financial services provider’s stock worth $1,032,162,000 after acquiring an additional 1,134,651 shares in the last quarter. Institutional investors own 83.58% of the company’s stock.

Shares of NYSE MS opened at $41.93 on Friday. The company has a market cap of $66.84 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 1.11 and a beta of 1.35. Morgan Stanley has a 12-month low of $36.74 and a 12-month high of $48.67. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.66. The stock’s 50 day simple moving average is $42.10 and its 200 day simple moving average is $43.47.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Thursday, July 18th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.10. The business had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.02 billion. Morgan Stanley had a return on equity of 11.04% and a net margin of 16.06%. The business’s revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the business posted $1.30 EPS. As a group, equities analysts forecast that Morgan Stanley will post 4.74 earnings per share for the current fiscal year.

MS has been the subject of several research reports. Oppenheimer set a $65.00 target price on Morgan Stanley and gave the stock a “buy” rating in a research report on Friday, July 19th. BMO Capital Markets set a $69.00 price target on Morgan Stanley and gave the stock a “buy” rating in a report on Friday, July 19th. ValuEngine raised Morgan Stanley from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Sandler O’Neill raised Morgan Stanley from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Thursday. Finally, TheStreet raised Morgan Stanley from a “c+” rating to a “b-” rating in a report on Wednesday, September 18th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the stock. Morgan Stanley currently has a consensus rating of “Buy” and a consensus price target of $55.15.

In other Morgan Stanley news, major shareholder Ufj Financial Group Mitsubishi bought 140,000 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were purchased at an average price of $1.01 per share, with a total value of $141,400.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders have acquired a total of 420,000 shares of company stock worth $426,300 in the last ninety days. 0.23% of the stock is owned by company insiders.

Morgan Stanley 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. The company operates through Institutional Securities, Wealth Management, and Investment Management segments.

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

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