Is Morgan Stanley’s Latest Move For Real? The Stock Was Sold By Option Traders Today


 Is Morgan Stanley's Latest Move For Real? The Stock Was Sold By Option Traders Today

In today’s session Morgan Stanley (MS) recorded an unusually high (503) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious MS decrease. With 503 contracts traded and 401934 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: MS170120P00033000 closed last at: $2.48 or 21.3% down. The stock increased 0.28% or $0.09 during the last trading session, hitting $32.04. About 9.53 million shares traded hands. Morgan Stanley (NYSE:MS) has risen 22.46% since March 1, 2016 and is uptrending. It has outperformed by 13.22% the S&P500.

Analysts await Morgan Stanley (NYSE:MS) to report earnings on October, 17. They expect $0.64 EPS, up 88.24% or $0.30 from last year’s $0.34 per share. MS’s profit will be $1.22B for 12.52 P/E if the $0.64 EPS becomes a reality. After $0.75 actual EPS reported by Morgan Stanley for the previous quarter, Wall Street now forecasts -14.67% negative EPS growth.

Morgan Stanley (NYSE:MS) Ratings Coverage

Out of 19 analysts covering Morgan Stanley (NYSE:MS), 10 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 53% are positive. Morgan Stanley has been the topic of 42 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Argus Research maintained the shares of MS in a report on Wednesday, August 17 with “Buy” rating. Credit Suisse initiated Morgan Stanley (NYSE:MS) on Tuesday, September 15 with “Neutral” rating. As per Tuesday, August 25, the company rating was upgraded by Buckingham Research. As per Tuesday, October 20, the company rating was downgraded by S&P Research. As per Monday, August 31, the company rating was upgraded by Evercore. As per Tuesday, February 16, the company rating was upgraded by JP Morgan. The firm has “Outperform” rating given on Tuesday, October 20 by RBC Capital Markets. The firm has “Buy” rating by UBS given on Tuesday, December 1. RBC Capital Markets maintained the shares of MS in a report on Thursday, January 21 with “Outperform” rating. As per Wednesday, July 13, the company rating was initiated by Berenberg.

Insitutional Activity: The institutional sentiment decreased to 0.85 in Q2 2016. Its down 0.25, from 1.1 in 2016Q1. The ratio worsened, as 82 funds sold all Morgan Stanley shares owned while 263 reduced positions. 56 funds bought stakes while 236 increased positions. They now own 1.59 billion shares or 3.33% more from 1.54 billion shares in 2016Q1.
United Services Automobile Association reported 1.59 million shares or 0.15% of all its holdings. Prudential Public Limited holds 0.67% or 6.56M shares in its portfolio. Element Mgmt Ltd Limited Liability Company reported 73,605 shares or 0.29% of all its holdings. Hightower Limited holds 255,643 shares or 0.08% of its portfolio. Dowling And Yahnke Ltd holds 0.3% or 95,679 shares in its portfolio. Wfg Ltd Partnership owns 2,560 shares or 0.02% of their US portfolio. Teachers Advsrs holds 3.94M shares or 0.18% of its portfolio. State Board Of Administration Of Florida Retirement Systems last reported 2.24 million shares in the company. Tiaa Cref Inv Ltd Co holds 0.11% or 5.32 million shares in its portfolio. Cetera Advisor Networks Ltd Com holds 0.02% or 13,094 shares in its portfolio. Moreover, Apg Asset Nv has 0.04% invested in Morgan Stanley (NYSE:MS) for 800,882 shares. Loews Corp accumulated 8,904 shares or 0% of the stock. Moreover, Dekabank Deutsche Girozentrale has 0.08% invested in Morgan Stanley (NYSE:MS) for 278,459 shares. Geode Cap Mgmt Limited Liability last reported 0.18% of its portfolio in the stock. The New Jersey-based Highlander Management Lc has invested 0.06% in Morgan Stanley (NYSE:MS).

Insider Transactions: Since June 29, 2016, the stock had 2 insider purchases, and 0 sales for $4.00 million net activity. 1.00M shares were bought by Trombetta Giandomenico, worth $2.00 million on Wednesday, June 29. 1.00M shares were bought by BP4 S.r.l., worth $2.00M on Wednesday, June 29.

Morgan Stanley is a financial holding company. The company has a market cap of $61.04 billion. The Firm is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. It has a 14.7 P/E ratio. The Company’s divisions include Institutional Securities, Wealth Management and Investment Management.

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