Can Morgan Stanley (NYSE:MS)’s Tomorrow Be Different? The Stock Had Decline in Shorts

October 13, 2017 - By Richard Conner

 Can Morgan Stanley (NYSE:MS)’s Tomorrow Be Different? The Stock Had Decline in Shorts

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.21, from 1.09 in 2017Q1. It is negative, as 71 investors sold Morgan Stanley shares while 297 reduced holdings. 73 funds opened positions while 252 raised stakes. 1.55 billion shares or 0.70% less from 1.56 billion shares in 2017Q1 were reported.
Renaissance Technology Ltd has invested 0.03% of its portfolio in Morgan Stanley (NYSE:MS). Victory Capital Mgmt owns 529,605 shares or 0.06% of their US portfolio. Canada Pension Plan Invest Board reported 1.87M shares stake. Ny State Common Retirement Fund has invested 0.21% in Morgan Stanley (NYSE:MS). Evercore Wealth Mngmt Ltd Liability Corp owns 0.01% invested in Morgan Stanley (NYSE:MS) for 8,357 shares. Skba Ltd Com invested in 371,600 shares or 2.5% of the stock. 4,784 are held by Comerica Secs. Fdx Advsrs holds 60,513 shares. Stephens Inc Ar holds 0.02% in Morgan Stanley (NYSE:MS) or 14,174 shares. Brown Cap Management Ltd stated it has 0.01% of its portfolio in Morgan Stanley (NYSE:MS). Amica Mutual invested 0.56% of its portfolio in Morgan Stanley (NYSE:MS). 1St Source Retail Bank owns 17,507 shares. Guardian Life Com Of America reported 3,219 shares or 0.02% of all its holdings. Two Sigma Ltd Llc holds 0.21% of its portfolio in Morgan Stanley (NYSE:MS) for 24,965 shares. Diamond Hill Cap Mngmt holds 1.96% in Morgan Stanley (NYSE:MS) or 8.16M shares.

The stock of Morgan Stanley (NYSE:MS) registered a decrease of 10.57% in short interest. MS’s total short interest was 13.24 million shares in October as published by FINRA. Its down 10.57% from 14.80 million shares, reported previously. With 7.28M shares average volume, it will take short sellers 2 days to cover their MS’s short positions. The short interest to Morgan Stanley’s float is 0.99%.

About 5.62M shares traded. Morgan Stanley (NYSE:MS) has risen 57.08% since October 13, 2016 and is uptrending. It has outperformed by 40.38% the S&P500.

Morgan Stanley is a financial holding company. The company has market cap of $88.74 billion. The Company’s divisions include Institutional Securities, Wealth Management and Investment Management. It has a 13.81 P/E ratio. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to firms, governments, financial institutions and high-to-ultra high net worth clients.

Morgan Stanley (NYSE:MS) Ratings Coverage

Among 29 analysts covering Morgan Stanley (NYSE:MS), 17 have Buy rating, 0 Sell and 12 Hold. Therefore 59% are positive. Morgan Stanley had 76 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, September 28. As per Friday, September 15, the company rating was upgraded by HSBC. BMO Capital Markets maintained it with “Buy” rating and $61.0 target in Wednesday, August 23 report. Societe Generale upgraded Morgan Stanley (NYSE:MS) on Wednesday, January 11 to “Buy” rating. The firm earned “Sell” rating on Wednesday, January 13 by Societe Generale. JMP Securities upgraded the stock to “Outperform” rating in Thursday, October 8 report. On Wednesday, August 30 the stock rating was maintained by RBC Capital Markets with “Buy”. BMO Capital Markets maintained Morgan Stanley (NYSE:MS) rating on Friday, October 6. BMO Capital Markets has “Buy” rating and $61.0 target. The stock of Morgan Stanley (NYSE:MS) has “Equalweight” rating given on Wednesday, April 6 by Barclays Capital. On Thursday, October 6 the stock rating was downgraded by Sandler O’Neill to “Hold”.

More notable recent Morgan Stanley (NYSE:MS) news were published by: Cnbc.com which released: “Goldman Sachs could be a big earnings winner, GE a loser, Morgan Stanley predicts” on October 10, 2017, also Marketwatch.com with their article: “Stock record ride ‘has reached epic proportions,’ Morgan Stanley says” published on October 10, 2017, Cnbc.com published: “How Amazon becoming a pharmacy could lower the price of drugs, according to …” on October 11, 2017. More interesting news about Morgan Stanley (NYSE:MS) were released by: Cnbc.com and their article: “Morgan Stanley predicts space industry will triple in size: Here’s how to invest” published on October 12, 2017 as well as Fortune.com‘s news article titled: “Bitcoin Is Now Bigger Than Goldman Sachs and Morgan Stanley” with publication date: October 13, 2017.

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