Morgan Stanley jumps after reporting better than expected fourth-quarter earnings (MS)

Morgan Stanley jumps after reporting better than expected fourth-quarter earnings (MS)

Morgan Stanley's headcount of advisers was remarkably stable throughout 2017. The company also announced it would suspend its share buy-back program for six months to rebuild its capital following the charge.

A number of brokerages recently weighed in on MS.

Morgan Stanley said at the end of October that it was leaving an industry agreement known as the protocol for broker recruiting, making it more hard for advisers to leave the firm with their clients because they faced the potential of a lawsuit. The company still reported a quarterly loss of $1.05 billion, or $1.14 per share, after reporting a profit in the same period a year earlier.

Other full-year earnings detail reported in the announcement were adjusted earnings per share of $3.60. Of those analysts, 6 rate stock as a Strong Buy, 6 rate it as Hold, and just no analyst rates it as a Moderate Sell. While 20-Day Moving Average VS Current Price shows "Buy" Signal.

During the fourth quarter of 2017, Morgan Stanley reported earnings per share of 84 cents. The stock traded with the average Volume of 7.86 Million at the end of last session. Looking at the stock's movement on the chart, Morgan Stanley recorded a 52-week high of $55.98.

Britain to pay France $60 million for border security
The two leaders fought hard to underline that Brexit had not dominated the talks. But there can be no differentiated access for the financial services.

Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Thursday, January 18th. Analysts had expected earnings of 77 cents a share.

Fourth-quarter net revenues were $9.5 billion compared with $9.0 billion, a year ago.

Morgan Stanley (NYSE:MS) gross margin percentage stands at 78.1% while its operating margin for the past trailing twelve month is 23.9 percent and its overall profit margin (ttm) is 15.6 Percent. The company reported 15,763 advisers at the end of 2016, 15,777 advisers in the first quarter of a year ago and the same number in the second, according to earlier quarterly reports. While the decrease in advisers represents less than half of 1% of the firm's sales force, it was the biggest decrease of the year. Morgan Stanley's dividend payout ratio is now 27.62%. There were 67 sold out positions, amounting to 2.82 million shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The disclosure for this sale can be found here. Insiders own 0.35% of the company's stock. Keefe, Bruyette & Woods raised Morgan Stanley from a "market perform" rating to an "outperform" rating and set a $59.00 target price for the company in a research report on Tuesday, December 12th. If you are accessing this piece on another website, it was copied illegally and reposted in violation of worldwide trademark and copyright laws. Financial Counselors Inc. boosted its holdings in Morgan Stanley by 6.7% in the second quarter. The Company's segments include Institutional Securities, Wealth Management and Investment Management.

Morgan Stanley's full year net revenues were $37.9 billion, up from $34.6 billion a year ago.

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