As Morgan Stanley (MS) Market Valuation Declined, Shareholder Kiltearn Partners Llp Has Cut Its Holding

Morgan Stanley (NYSE:MS) LogoInvestors sentiment increased to 1.03 in Q3 2018. Its up 0.07, from 0.96 in 2018Q2. It increased, as 45 investors sold MS shares while 302 reduced holdings. 95 funds opened positions while 262 raised stakes. 1.43 billion shares or 0.80% less from 1.44 billion shares in 2018Q2 were reported. Acg Wealth invested in 23,805 shares or 0.15% of the stock. Sumitomo Life Insur holds 0.45% or 79,802 shares in its portfolio. Fort Point Ptnrs Limited Company owns 8,720 shares. Avalon Advsrs Llc holds 0.67% of its portfolio in Morgan Stanley (NYSE:MS) for 509,969 shares. 39,513 were accumulated by Trexquant Investment Limited Partnership. Pzena Mgmt Lc holds 1.83% or 8.10 million shares. Ballentine Prtn Ltd Liability Corporation holds 0.01% or 5,980 shares in its portfolio. Moreover, Maverick Capital Ltd has 0.09% invested in Morgan Stanley (NYSE:MS) for 152,420 shares. Nuwave Inv Limited Co holds 0.84% in Morgan Stanley (NYSE:MS) or 11,980 shares. Ironwood Fincl Ltd stated it has 128 shares or 0% of all its holdings. Pillar Pacific Management Ltd Llc holds 136,464 shares or 0.69% of its portfolio. Btc Mngmt invested in 0.46% or 57,369 shares. Glenmede Comm Na owns 0.01% invested in Morgan Stanley (NYSE:MS) for 39,278 shares. Jump Trading Lc has 6,067 shares. Lincluden Mngmt Ltd invested 0.19% of its portfolio in Morgan Stanley (NYSE:MS).

Kiltearn Partners Llp decreased its stake in Morgan Stanley (MS) by 1.66% based on its latest 2018Q3 regulatory filing with the SEC. Kiltearn Partners Llp sold 73,400 shares as the company’s stock declined 15.08% with the market. The institutional investor held 4.34 million shares of the investment bankers and brokers and service company at the end of 2018Q3, valued at $209.12M, down from 4.41M at the end of the previous reported quarter. Kiltearn Partners Llp who had been investing in Morgan Stanley for a number of months, seems to be less bullish one the $72.62B market cap company. The stock increased 0.91% or $0.38 during the last trading session, reaching $42.12. About 3.74M shares traded. Morgan Stanley (NYSE:MS) has declined 22.23% since January 14, 2018 and is downtrending. It has underperformed by 22.23% the S&P500.

Kiltearn Partners Llp, which manages about $3.16B and $3.42B US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 1.46M shares to 2.07M shares, valued at $167.94 million in 2018Q3, according to the filing. It also increased its holding in Alleghany Corp Del (NYSE:Y) by 39,300 shares in the quarter, for a total of 297,880 shares, and has risen its stake in Mckesson Corp (NYSE:MCK).

Analysts await Morgan Stanley (NYSE:MS) to report earnings on January, 17. They expect $0.94 earnings per share, up 11.90 % or $0.10 from last year’s $0.84 per share. MS’s profit will be $1.62B for 11.20 P/E if the $0.94 EPS becomes a reality. After $1.17 actual earnings per share reported by Morgan Stanley for the previous quarter, Wall Street now forecasts -19.66 % negative EPS growth.

More notable recent Morgan Stanley (NYSE:MS) news were published by: Seekingalpha.com which released: “Stocks To Watch: Action From Detroit And ICR – Seeking Alpha” on January 12, 2019, also Benzinga.com with their article: “Citigroup Inc. (NYSE:C), Amazon.com, Inc. (NASDAQ:AMZN) – After Strong Week, Market Comes Under Pressure From China As Earnings Begin – Benzinga” published on January 14, 2019, Investorplace.com published: “3 Big Stock Charts for Wednesday: Advanced Micro Devices, Morgan Stanley and Amazon – Investorplace.com” on December 26, 2018. More interesting news about Morgan Stanley (NYSE:MS) were released by: Benzinga.com and their article: “Morgan Stanley (NYSE:MS), Fidelity, Others Back Low-Cost Exchange To Compete With NYSE, Nasdaq (NYSE:ICE) (NASDAQ:NDAQ) – Benzinga” published on January 07, 2019 as well as Benzinga.com‘s news article titled: “C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW), Morgan Stanley (NYSE:MS) – Brokers Move Aggressively To Undercut Carriers On 2019 Contract Freight – Benzinga” with publication date: January 11, 2019.

Morgan Stanley (NYSE:MS) Ratings Coverage

Among 5 analysts covering Morgan Stanley (NYSE:MS), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Morgan Stanley had 6 analyst reports since July 19, 2018 according to SRatingsIntel. On Tuesday, October 2 the stock rating was downgraded by HSBC to “Hold”. The firm earned “Market Perform” rating on Thursday, July 19 by Bernstein. Credit Suisse maintained the stock with “Outperform” rating in Friday, December 7 report. Wells Fargo upgraded it to “Outperform” rating and $60 target in Wednesday, October 24 report. The firm earned “Neutral” rating on Friday, July 20 by Citigroup. The rating was upgraded by Citigroup on Thursday, January 10 to “Buy”.

Morgan Stanley (NYSE:MS) Institutional Positions Chart

(adsbygoogle = window.adsbygoogle || []).push({});

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.