USA Financial Formulas Makes New Investment in Morgan Stanley (NYSE:MS)

USA Financial Formulas purchased a new position in shares of Morgan Stanley (NYSE:MS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,504 shares of the financial services provider’s stock, valued at approximately $1,195,000.

A number of other hedge funds have also recently modified their holdings of the company. Sivia Capital Partners LLC grew its position in Morgan Stanley by 3.3% in the 4th quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock valued at $346,000 after acquiring an additional 87 shares in the last quarter. Cardinal Point Capital Management ULC boosted its stake in shares of Morgan Stanley by 3.5% in the fourth quarter. Cardinal Point Capital Management ULC now owns 2,697 shares of the financial services provider’s stock valued at $339,000 after purchasing an additional 90 shares during the period. Bank of New Hampshire grew its holdings in shares of Morgan Stanley by 1.5% in the fourth quarter. Bank of New Hampshire now owns 6,313 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 93 shares in the last quarter. Rosenberg Matthew Hamilton increased its stake in Morgan Stanley by 2.6% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock worth $391,000 after buying an additional 96 shares during the period. Finally, Omnia Family Wealth LLC lifted its holdings in Morgan Stanley by 3.3% during the 3rd quarter. Omnia Family Wealth LLC now owns 3,063 shares of the financial services provider’s stock worth $319,000 after buying an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on MS. Barclays boosted their price target on shares of Morgan Stanley from $135.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, January 6th. JPMorgan Chase & Co. boosted their price target on shares of Morgan Stanley from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday. UBS Group raised their price objective on shares of Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a report on Tuesday, October 8th. Hsbc Global Res downgraded shares of Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, Citigroup increased their target price on Morgan Stanley from $105.00 to $135.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $126.07.

Morgan Stanley Price Performance

Shares of NYSE MS opened at $131.08 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The stock has a market cap of $211.17 billion, a P/E ratio of 19.95, a P/E/G ratio of 1.18 and a beta of 1.36. The stock has a 50 day moving average of $128.74 and a two-hundred day moving average of $113.02. Morgan Stanley has a twelve month low of $83.09 and a twelve month high of $136.24.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.31. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. The company had revenue of $15.38 billion for the quarter, compared to the consensus estimate of $14.27 billion. On average, research analysts forecast that Morgan Stanley will post 7.33 earnings per share for the current year.

About Morgan Stanley

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.