Pzena Investment Management LLC Cuts Stake in Morgan Stanley (MS)

Ivan Schwartz
August 22, 2017

It also reduced Ishares Russell 2000 Etf (IWM) stake by 90,644 shares and now owns 78,956 shares. Pioneer Invest Inc has invested 0.12% of its portfolio in Morgan Stanley (NYSE:MS). BlackRock Inc. now owns 101,168,197 shares of the financial services provider's stock worth $4,334,046,000 after buying an additional 97,678,337 shares during the period. FMR LLC raised its stake in Morgan Stanley by 16.9% in the first quarter. Massachusetts Financial Services Co. The Jabre Capital Partners Sa holds 210,000 shares with $8.87M value, down from 270,000 last quarter. 1607 Capital Partners Llc owns 783,223 shares or 0.95% of their USA portfolio. The Illinois-based Rivernorth Capital Management Llc has invested 0.27% in the stock.

Shares of Morgan Stanley Emerging Markets Fund Inc (MSF) have been trending up over the past five bars, revealing solid bullish momentum for the shares, as they ran 2.31% for the week. 723,368 shares of the company's stock traded hands. The stock's 52-week range is $30.19 to $48.90, and its 3-month range is $41.07 to $48.90. The total amount of shares outstanding is 1.82 billion, giving the company a market capitalization of about 82.81 billion. The current 50-day Moving Average is 22.18, the 200-day Moving Average is 19.56, and the 7-day is noted at 21.63.

Morgan Stanley (NYSE:MS) last announced its earnings results on Wednesday, July 19th. The financial services provider reported $0.87 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.76 by $0.11. Parkside Financial Bank & Trust increased its position in Morgan Stanley by 9.1% in the Fiscal Q2. The firm had revenue of $9.50 billion during the quarter, compared to analyst estimates of $9.05 billion. The business's revenue for the quarter was up 6.7% compared to the same quarter previous year. The business's revenue was up 6.7% on a year-over-year basis. The 14-day RSI is now sitting at 48.35, the 7-day is at 50.78, and the 3-day is spotted at 55.54 for Morgan Stanley China A Share Fund Inc (CAF). This repurchase authorization authorizes the financial services provider to repurchase up to 6.1% of its shares through open market purchases. Stockholders of record on Monday, July 31st were given a $0.25 dividend. Montag A & Associates Incorporated stated it has 0.33% of its portfolio in Morgan Stanley (NYSE:MS). The ex-dividend date of this dividend was Thursday, July 27th. This represents a $1.00 annualized dividend and a dividend yield of 2.20%. Morgan Stanley's dividend payout ratio (DPR) is 28.65%. If you are viewing this article on another publication, it was stolen and republished in violation of United States and worldwide copyright legislation. Morgan Stanley had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The recent change has given its price a -1.01% deficit over SMA 50 and -7.17% deficit over its 52-week high.

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According to Morgan Stanley (MS) most recent 13F filing, the company has 81 new institutional holders - accounting for 5.87 million shares of its common stock. 1 equities equity analyst has recommended the share with a sell recommendation, nine has issued a hold recommendation, fifteen have published a buy recommendation and 1 has given a strong buy recommendation to The corporation. Morgan Stanley presently has a consensus rating of "Buy" and an average price objective of $48.57.

In other news, Chairman James P. Gorman sold 212,366 shares of the business's stock in a transaction on Tuesday, August 1st. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jonathan Pruzan sold 25,767 shares of the stock in a transaction that occurred on Thursday, July 20th. The total value of its holdings decreased 14.2%. Following the transaction, the chief financial officer now directly owns 196,708 shares in the company, valued at $9,182,329.44.

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