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Published: Thu, April 19, 2018
Economy | By Melissa Porter

Traders Sell Morgan Stanley (MS) on Strength (MS)

Traders Sell Morgan Stanley (MS) on Strength (MS)

It has change of 0.16, from 2017Q3's 0.94. Morgan Stanley now has $94.83 billion valuation. 111 funds acquired stakes and 255 increased stakes. Next Finance Group holds 7,030 shares. Palisade Asset Mngmt Limited Com reported 28,620 shs stake. Envestnet Asset Incorporated stated it has 312,633 shs. 67% are bullish. 21 are the (NYSE:MS)'s analyst reports since October 18, 2017 according to StockzIntelligence Inc. Rothschild Asset has 619,678 shs for 0.34% of their capital.

In accordance with passivity commitments MUFG made to the Board of Governors of the Federal Reserve System in 2008, MUFG must maintain its ownership in any class of voting securities of Morgan Stanley to less than 24.9%. Comerica Bank invested 0.13% of its portfolio in Morgan Stanley (NYSE:MS).

Trading revenue soared 26 percent to $4.4 billion, topping Morgan Stanley's chief rival, Goldman Sachs Group Inc (GS.N), in dollar terms. Even as the economy rebounds, the government has run into a ₹20,000-crore fraud at the Punjab National Bank, India's second-largest public-sector lender. State Street Corp has 0.64% invested in Morgan Stanley (NYSE:MS) for 151.51M shares. Company insiders own 0.19% of the company's stock.

Morgan Stanley (MS) has year to date performance of 1.47% and weekly performance of -1.66%. Legal General Grp Inc Public Ltd reported 0.24% stake. Hourglass Capital Lc accumulated 2.68% or 224,419 shs. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eighteen have issued a buy rating to the company. Wood upgraded the shares of MS in report on Wednesday, December 13 to "Outperform" rating. JP Morgan maintained Morgan Stanley (NYSE:MS) on Friday, March 31 with "Buy" rating. As per Thursday, January 18, the company rating was downgraded by Credit Suisse. On Thursday, January 18 the firm earned "Buy" rating by BMO Capital Markets. On Wednesday, October 18 Buckingham Research maintained Morgan Stanley (NYSE:MS) with "Buy" rating. It increased, as 38 investors sold Morgan Stanley shares while 295 reduced holdings. RBC Capital Markets maintained the stock with "Buy" rating in Wednesday, August 30 report. Eastern Bank's holdings in Morgan Stanley were worth $14,636,000 as of its most recent filing with the SEC. It has ranged in price between $52.77-$54.1 after having started the session at $54.01 as compared to the previous trading day's close of $53.4. It has outperformed by 16.28% the S&P500.

The Wall Street firm's profits of $2.58 billion on revenues of $11.08 billion were both all-time highs, after accounting adjustments in prior periods and reflecting businesses Morgan Stanley has since sold. The New York-based bank was the No. 1 adviser so far this year on mergers and acquisitions, data compiled by Bloomberg show.

Institutional Securities net revenues were $6.1 billion reflecting strength across our sales and trading franchise; Investment Banking Ranked #1 in Global Announced and Completed M&A and Global Equity.

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