Bb&T Has Lifted Its Morgan Stanley (MS) Stake; Daruma Capital Management Cut Thor Inds (THO) Holding By $2.15 Million

January 14, 2018 - By Richard Conner

Bb&T Corp increased Morgan Stanley (MS) stake by 9.72% reported in 2017Q3 SEC filing. Bb&T Corp acquired 15,162 shares as Morgan Stanley (MS)’s stock declined 9.43%. The Bb&T Corp holds 171,122 shares with $8.24 million value, up from 155,960 last quarter. Morgan Stanley now has $99.65 billion valuation. The stock increased 1.70% or $0.92 during the last trading session, reaching $55.12. About 9.00M shares traded or 15.20% up from the average. Morgan Stanley (NYSE:MS) has risen 57.08% since January 14, 2017 and is uptrending. It has outperformed by 40.38% the S&P500.

Daruma Capital Management Llc decreased Thor Inds Inc (THO) stake by 50.27% reported in 2017Q3 SEC filing. Daruma Capital Management Llc sold 17,233 shares as Thor Inds Inc (THO)’s stock declined 15.74%. The Daruma Capital Management Llc holds 17,051 shares with $2.15M value, down from 34,284 last quarter. Thor Inds Inc now has $8.25B valuation. The stock decreased 0.16% or $0.25 during the last trading session, reaching $156.5. About 665,612 shares traded or 13.10% up from the average. Thor Industries, Inc. (NYSE:THO) has risen 48.76% since January 14, 2017 and is uptrending. It has outperformed by 32.06% the S&P500.

Among 29 analysts covering Morgan Stanley (NYSE:MS), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Morgan Stanley had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 28 by Keefe Bruyette & Woods. Keefe Bruyette & Woods upgraded the shares of MS in report on Tuesday, December 12 to “Buy” rating. Macquarie Research maintained the stock with “Outperform” rating in Wednesday, October 5 report. The company was maintained on Tuesday, October 17 by Keefe Bruyette & Woods. RBC Capital Markets maintained Morgan Stanley (NYSE:MS) on Tuesday, June 6 with “Buy” rating. The firm has “Underweight” rating by Atlantic Securities given on Wednesday, February 3. As per Thursday, July 20, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating given on Friday, March 31 by JP Morgan. Barclays Capital maintained Morgan Stanley (NYSE:MS) on Tuesday, January 3 with “Equal Weight” rating. The rating was maintained by Wells Fargo on Thursday, August 10 with “Market Perform”.

Bb&T Corp decreased General Electric (NYSE:GE) stake by 116,772 shares to 998,882 valued at $24.15M in 2017Q3. It also reduced Ugi Corp. (Hold (NYSE:UGI) stake by 6,601 shares and now owns 83,091 shares. United (NYSE:UTX) was reduced too.

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.06, from 0.88 in 2017Q2. It increased, as 59 investors sold MS shares while 292 reduced holdings. 76 funds opened positions while 255 raised stakes. 1.53 billion shares or 1.48% less from 1.55 billion shares in 2017Q2 were reported. Albion Gru Ut accumulated 28,066 shares. 359,700 were reported by Barometer Capital Mgmt. Parkside National Bank & Trust Tru invested in 2,367 shares. The Massachusetts-based Boston Common Asset Mngmt Lc has invested 0.82% in Morgan Stanley (NYSE:MS). Cambridge Invest Rech Advisors stated it has 39,469 shares. Nippon Life Investors Americas accumulated 181,650 shares or 0.75% of the stock. Asset Mngmt Inc has invested 0.01% in Morgan Stanley (NYSE:MS). Ferguson Wellman Capital Management owns 0.03% invested in Morgan Stanley (NYSE:MS) for 17,718 shares. Athena Advsrs Ltd Liability Com invested in 9,145 shares. Moreover, Wolverine Asset Limited Liability Corporation has 0% invested in Morgan Stanley (NYSE:MS). 48,241 were accumulated by South State. Calamos Ltd Llc invested 0.32% of its portfolio in Morgan Stanley (NYSE:MS). Advisors Ltd Limited Liability Company accumulated 1,081 shares. Commonwealth Equity Services Inc holds 0.03% of its portfolio in Morgan Stanley (NYSE:MS) for 97,629 shares. The Kansas-based Creative Planning has invested 0.01% in Morgan Stanley (NYSE:MS).

Since September 18, 2017, it had 0 buys, and 2 selling transactions for $575,840 activity. Another trade for 2,000 shares valued at $255,680 was sold by KOSOWSKY J ALLEN. The insider ORTHWEIN PETER BUSCH sold 2,784 shares worth $320,160.

Analysts await Thor Industries, Inc. (NYSE:THO) to report earnings on March, 5. They expect $1.85 EPS, up 50.41% or $0.62 from last year’s $1.23 per share. THO’s profit will be $97.49M for 21.15 P/E if the $1.85 EPS becomes a reality. After $2.43 actual EPS reported by Thor Industries, Inc. for the previous quarter, Wall Street now forecasts -23.87% negative EPS growth.

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