Nelson Van Denburg & Campbell Wealth Management Group LLC Has $197,000 Stake in Morgan Stanley (NYSE:MS)

Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in Morgan Stanley (NYSE:MS) by 4,555.6% during the first quarter, Holdings Channel reports. The firm owned 4,609 shares of the financial services provider’s stock after buying an additional 4,510 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in Morgan Stanley were worth $197,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the company. Lee Danner & Bass Inc. increased its position in shares of Morgan Stanley by 0.3% in the first quarter. Lee Danner & Bass Inc. now owns 8,685 shares of the financial services provider’s stock valued at $372,000 after buying an additional 22 shares during the last quarter. Guardian Life Insurance Co. of America increased its position in shares of Morgan Stanley by 0.5% in the first quarter. Guardian Life Insurance Co. of America now owns 5,551 shares of the financial services provider’s stock valued at $238,000 after buying an additional 25 shares during the last quarter. First Citizens Bank & Trust Co. increased its position in shares of Morgan Stanley by 0.4% in the first 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 during the last quarter. Park National Corp OH increased its position in shares of Morgan Stanley by 1.0% in the first quarter. Park National Corp OH now owns 6,557 shares of the financial services provider’s stock valued at $281,000 after buying an additional 65 shares during the last quarter. Finally, Adirondack Trust Co. increased its position in shares of Morgan Stanley by 2.5% in the first quarter. Adirondack Trust Co. now owns 2,824 shares of the financial services provider’s stock valued at $121,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 85.26% of the company’s stock.

Morgan Stanley (MS) opened at 46.05 on Monday. The stock’s 50 day moving average price is $43.48 and its 200-day moving average price is $43.64. The stock has a market capitalization of $85.18 billion, a PE ratio of 13.66 and a beta of 1.63. Morgan Stanley has a 52-week low of $26.03 and a 52-week high of $47.33.

Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, April 19th. The financial services provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.10. Morgan Stanley had a return on equity of 9.60% and a net margin of 16.83%. The firm had revenue of $9.75 billion for the quarter, compared to the consensus estimate of $9.29 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. The company’s revenue was up 25.1% compared to the same quarter last year. On average, equities analysts expect that Morgan Stanley will post $3.42 EPS for the current fiscal year.

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Several brokerages have recently weighed in on MS. Vetr upgraded Morgan Stanley from a “sell” rating to a “hold” rating and set a $40.50 price target for the company in a report on Wednesday, May 17th. Citigroup Inc. raised their price target on Morgan Stanley from $44.00 to $46.00 and gave the company a “neutral” rating in a report on Tuesday, April 25th. HSBC Holdings plc restated a “neutral” rating and set a $45.00 price target on shares of Morgan Stanley in a report on Tuesday, April 25th. Vining Sparks restated a “strong-buy” rating and set a $51.00 price target on shares of Morgan Stanley in a report on Thursday, April 20th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Morgan Stanley in a report on Tuesday, May 23rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $43.40.

In other news, Chairman James P. Gorman sold 212,365 shares of the company’s stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $42.93, for a total value of $9,116,829.45. Following the sale, the chairman now owns 1,389,378 shares in the company, valued at $59,645,997.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.35% of the stock is owned by corporate insiders.

Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Want to see what other hedge funds are holding MS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley (NYSE:MS).

Institutional Ownership by Quarter for Morgan Stanley (NYSE:MS)

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