Declining reserves denting the earnings of global P&C players: Morgan Stanley

Recent price movements in the stock of Morgan Stanley (NYSE:MS) have caught the attention of the investment community. Cadence Capital Management LLC's holdings in Morgan Stanley were worth $2,099,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MS. Parkside Financial Bank & Trust increased its position in shares of Morgan Stanley by 9.1% in the second quarter. First Citizens Bank & Trust Co. now owns 9,488 shares of the financial services provider's stock valued at $406,000 after buying an additional 34 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of Morgan Stanley by 0.4% in the first quarter.

Picton Mahoney Asset Management decreased Boston Scientific Corp (NYSE:BSX) stake by 64,270 shares to 293,700 valued at $6.35 million in 2016Q4. Jump Trading Llc acquired 8,500 shares as Morgan Stanley (Call) (MS)'s stock declined 9.43%. Great West Life Assurance Can reported 1.54 million shares. Volume was up 211.51% over the stocks average daily volume. The firm has a market capitalization of $83.09 billion, a PE ratio of 12.96 and a beta of 1.63. The 1 year EPS growth rate is 140.00%. Morgan Stanley also saw some unusual options trading on Monday.

Investors sentiment increased to 1.15 in 2016 Q4.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Wednesday, July 19th. Blackrock Inc accumulated 0.21% or 3.49 million shares. Morgan Stanley had a net margin of 16.77% and a return on equity of 9.83%.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.83, according to consensus of 23 analysts. The company was upgraded on Monday, August 31 by Evercore. The stock's Dividend Yield stands at 2.24%. This is an increase from Morgan Stanley's previous quarterly dividend of $0.20. BMO Capital Markets maintained the shares of MS in report on Monday, June 19 with "Buy" rating. Morgan Stanley's payout ratio is 28.65%. This buyback authorization authorizes the financial services provider to repurchase up to 6.1% of its stock through open market purchases.

"We believe industry is deficient for the first time since our 2009 analysis, and expect reserve releases to slow in future period", says Morgan Stanley. If you are accessing this report on another website, it was copied illegally and reposted in violation of USA and global copyright & trademark legislation.

Picton Mahoney Asset Management increased Morgan Stanley (MS) stake by 65.01% reported in 2016Q4 SEC filing. It is positive, as 53 investors sold MS shares while 267 reduced holdings. Instinet reissued a "buy" rating and set a $50.00 price objective (down from $51.00) on shares of Morgan Stanley in a research note on Saturday, June 3rd. Sandler O'Neill downgraded Morgan Stanley (NYSE:MS) on Thursday, October 6 to "Hold" rating.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend.

Covering sell-side analysts have recently weighed in on shares of NIKE, Inc. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company presently has an average rating of "Buy" and a consensus target price of $48.57. It is 0.00% or $0 reaching $0 per share.

The SMA20 for the stock is at -4.67 percent, SMA50 stands at -2.61 percent, while SMA200 is 2.61 Percent, according to Finviz reported data. Jones Financial Companies Lllp holds 7,751 shares or 0% of its portfolio. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jonathan Pruzan sold 25,767 shares of the company's stock in a transaction dated Thursday, July 20th.

Analysts on average have given a price target of $49.88 to Morgan Stanley (MS) stock. The Company's divisions include Institutional Securities, Wealth Management and Investment Management. The disclosure for this sale can be found here. Morgan Stanley reported 0.01% of its portfolio in Morgan Stanley (NYSE:MS).

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