[Business Wire] The Nasdaq Private Market, LLC and Morgan Stanley Wealth Management today announced a joint initiative to make available wealth management education and services to employees and participants in private company liquidity programs.
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Morgan Stanley (MS), valued at $73.92B, started the session at $37.75.
Looking at the equity, the companys one day range is $37.55 to $37.90 and has traded between $31.35 and $41.04 over the past 12 months.
Priced at 12.46x this years forecasted earnings, MS shares are relatively inexpensive compared to the industrys 14.67x forward p/e ratio.
And for those looking to make a return holding the stock, the company pays shareholders $0.60 per share annually in dividends, yielding 1.60%.
In a review of the consensus earnings estimate this quarter, 24 sell-side analysts are looking at $0.73 per share, which would be $0.08 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $3.03 which would be a $0.71 better than last years full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $8.89 Billion. If reported, that would be a 2.30% increase over the year-ago quarter.
More recently, Atlantic Equities Initiated MS at Neutral (May 7, 2015). Previously, MKM Partners Initiated MS at to Buy.
When considering if perhaps the stock is under or overvalued, the average price target is $41.87, which is 10.91% above where the stock opened this morning.
Summary (NYSE:MS): Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The companys Institutional Securities segment offers financial advisory services on mergers and acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, exchange offers, leveraged buyouts, takeover defenses, and shareholder relations, as well as provides capital raising and corporate lending services. This segment also engages in sales, trading, financing, and market-making activities, including institutional equity, fixed income and commodities, research, and investment activities, as well as offers financing services, such as prime brokerage, consolidated clearance, settlement, custody, financing, and portfolio reporting services. Its Wealth Management segment provides brokerage and investment advisory services covering various types of investments comprising equities, options, futures, foreign currencies, precious metals, fixed income securities, mutual funds, structured products, alternative investments, unit investment trusts, managed futures, separately managed accounts, and mutual fund asset allocation programs. This segment also offers education savings programs, financial and wealth planning services, annuity and other insurance products, cash management services, trust and fiduciary services, individual and corporate retirement solutions, and credit and other lending products, as well as fixed income principal trading services. The companys Investment Management segment provides alternative investment products, such as hedge funds, private equity and real estate funds, and portable alpha strategies to institutional and intermediary channels, and high net worth clients, as well as engages in real estate investing and merchant banking businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.
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Capital Wealth Planning Llc just filed its Q2 2015 13F. Dated 15/08/2015, the filing shows the active investment manager has a portfolio value of $167.52 million, representing a decrease of $24.46 million from the previous quarter when it was $191.97 million. Note: This filling reprents about 44.02% of Capital Wealth Planning Llcs assets, which which are listed in the US.
SAN FRANCISCO and NEW YORK, Aug. 20, 2015 /PRNewswire/ -- Bank of the West today announced that Julie Shafer has joined its Wealth Management Group as head of the Strategic Philanthropy and Purpose Investing offering. Shafer will report to Steve Prostano, the newly appointed head of Bank of the Wests ultra high net worth business, and will focus on helping clients achieve their philanthropic goals.
Our clients today seek to invest intelligently, with the knowledge that they can invest for the social good while seeking strong financial returns, said Steve Prostano, head of Bank of the Wests ultra high net worth business. Julie has extensive experience developing strategies for philanthropy and impact investing for ultra high net worth individuals and families. She will be a tremendous asset to our wealth clients who are interested in taking an innovative approach to investing and giving for a sustained and measurable change as a result of their efforts.
An industry veteran with more than 20 years of experience, Shafer has held consulting positions with philanthropists, foundations, not-for-profits and corporations both national and globally. Prior to joining Bank of the West, Shafer led a highly successful strategic philanthropy consulting firm, which specialized in efficient, thoughtful and innovative strategic planning for donors and grantees. Shafer previously served in several senior not-for-profit executive positions including director of development at the Institute for Neurodegenerative Diseases University of California San Francisco (UCSF) and as executive director of the Silver Giving Foundation.
Shafer holds a masters of arts degree in family and child counseling from the University of San Francisco and a bachelor of arts from the University of California, Davis in international relations and art history.
About Bank of the West Wealth Management:
Bank of the West Wealth Management provides wealth planning, investment management*, personal banking and trust services. The group is part of BNP Paribas global wealth management business of more than 6,300 professionals in 30 countries worldwide with over $15.5 billion** in assets under management in the United States and 305 billion ($345 billion) in assets under management globally as of June 2015.
About Bank of the West:
Bank of the West is a regional financial services company chartered in California and headquartered in San Francisco with $72.5 billion in assets as of June 30, 2015. Founded in 1874, Bank of the West provides a wide range of personal, commercial, wealth management and international banking services through more than 600 offices in 22 states and digital channels. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 75 countries with 185,000 employees.
Deposit and loan products offered by Bank of the West, Member FDIC.
Member FDIC andEqual Housing Lender
Bank of the West Wealth Management offers products and services through Bank of the West and its various affiliates and subsidiaries.
*Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, Member FINRA/SIPC. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321), through BancWest Insurance Agency in Utah and through BancWest Investment Services, Inc. in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, HI, GUAM and CNMI. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors.
BancWest Investment Services is a wholly owned subsidiary of Bank of the West and a part of the Wealth Management Group. BancWest Corporation is the holding company for Bank of the West. BancWest Corporation is a wholly owned subsidiary of BNP Paribas.
Investment and Insurance products: