$0.60 EPS Expected for FirstEnergy Corp. (FE), Morgan Stanley (MS) Shorts Decreased By 18.15%

June 28, 2017 - By Marie Mckinney

Morgan Stanley (NYSE:MS) had a decrease of 18.15% in short interest. MS’s SI was 10.51 million shares in June as released by FINRA. Its down 18.15% from 12.83 million shares previously. With 7.11M avg volume, 2 days are for Morgan Stanley (NYSE:MS)’s short sellers to cover MS’s short positions. The SI to Morgan Stanley’s float is 0.79%. About 2.87 million shares traded. Morgan Stanley (NYSE:MS) has risen 57.08% since June 28, 2016 and is uptrending. It has outperformed by 40.38% the S&P500.

Analysts expect FirstEnergy Corp. (NYSE:FE) to report $0.60 EPS on July, 27.They anticipate $0.04 EPS change or 7.14% from last quarter’s $0.56 EPS. FE’s profit would be $262.94M giving it 12.31 P/E if the $0.60 EPS is correct. After having $0.78 EPS previously, FirstEnergy Corp.’s analysts see -23.08% EPS growth. About 519,562 shares traded. FirstEnergy Corp. (NYSE:FE) has declined 12.70% since June 28, 2016 and is downtrending. It has underperformed by 29.40% the S&P500.

Among 25 analysts covering Morgan Stanley (NYSE:MS), 14 have Buy rating, 0 Sell and 11 Hold. Therefore 56% are positive. Morgan Stanley had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Morgan Stanley (NYSE:MS) has “Neutral” rating given on Wednesday, December 21 by Atlantic Securities. The stock of Morgan Stanley (NYSE:MS) has “Buy” rating given on Wednesday, August 17 by Argus Research. RBC Capital Markets upgraded the stock to “Outperform” rating in Wednesday, October 7 report. Credit Suisse initiated Morgan Stanley (NYSE:MS) rating on Tuesday, September 15. Credit Suisse has “Neutral” rating and $82 target. The company was upgraded on Tuesday, February 16 by JP Morgan. The stock of Morgan Stanley (NYSE:MS) earned “Buy” rating by JP Morgan on Friday, March 31. The stock has “Buy” rating by Argus Research on Friday, September 4. RBC Capital Markets maintained Morgan Stanley (NYSE:MS) on Tuesday, October 20 with “Outperform” rating. The stock has “Hold” rating by Berenberg on Wednesday, July 13. The stock of Morgan Stanley (NYSE:MS) has “Buy” rating given on Wednesday, March 29 by Deutsche Bank.

Morgan Stanley is a financial holding company. The company has market cap of $82.54 billion. The Company’s divisions include Institutional Securities, Wealth Management and Investment Management. It has a 13.13 P/E ratio. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to firms, governments, financial institutions and high-to-ultra high net worth clients.

Investors sentiment increased to 1.15 in Q4 2016. Its up 0.21, from 0.94 in 2016Q3. It improved, as 53 investors sold Morgan Stanley shares while 267 reduced holdings. 132 funds opened positions while 236 raised stakes. 1.58 billion shares or 1.64% more from 1.56 billion shares in 2016Q3 were reported. Regions Corp has 0.01% invested in Morgan Stanley (NYSE:MS). Avalon Advsr Ltd Liability has 0.43% invested in Morgan Stanley (NYSE:MS). Moreover, Sterling Capital Mgmt Ltd Liability Corp has 0.09% invested in Morgan Stanley (NYSE:MS) for 235,708 shares. James Invest Rech holds 0% of its portfolio in Morgan Stanley (NYSE:MS) for 100 shares. Beaumont Fincl Ptnrs Limited Liability Company has invested 0.06% in Morgan Stanley (NYSE:MS). Grisanti Mgmt Ltd Llc reported 114,010 shares. Johnson Financial Grp owns 2,167 shares or 0.01% of their US portfolio. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.21% in Morgan Stanley (NYSE:MS). Two Sigma Securities Ltd Liability Corp invested 0.16% of its portfolio in Morgan Stanley (NYSE:MS). Live Your Vision Ltd Company holds 191 shares. Reilly Financial Ltd Llc invested in 200 shares. 13,640 were accumulated by Atlantic Trust Group Ltd. Moreover, Tiaa Cref Tru Co Fsb Mo has 0.01% invested in Morgan Stanley (NYSE:MS). Eton Park Mgmt Lp owns 3.13M shares. Prudential Public Limited holds 4.52 million shares.

Investors sentiment increased to 1.26 in 2016 Q4. Its up 0.24, from 1.02 in 2016Q3. It is positive, as 52 investors sold FirstEnergy Corp. shares while 142 reduced holdings. 71 funds opened positions while 174 raised stakes. 337.77 million shares or 8.71% more from 310.70 million shares in 2016Q3 were reported. Raymond James Financial Services Advisors invested in 0.01% or 49,344 shares. Bnp Paribas Inv Partners holds 49,546 shares. Inv Centers Of America has invested 0.02% in FirstEnergy Corp. (NYSE:FE). Dupont Cap Mgmt Corporation stated it has 162,894 shares or 0.11% of all its holdings. 571,263 are held by Royal Financial Bank Of Canada. Suntrust Banks Inc stated it has 119,005 shares or 0.02% of all its holdings. Ancora Advsrs Limited Com reported 0.01% in FirstEnergy Corp. (NYSE:FE). Intrust Commercial Bank Na holds 6,877 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 262,579 shares or 0.08% of the stock. The Norway-based Dnb Asset Management As has invested 0% in FirstEnergy Corp. (NYSE:FE). Ibm Retirement Fund owns 39,978 shares for 0.05% of their portfolio. Fmr Ltd Limited Liability Company accumulated 5.61M shares. Bnp Paribas Arbitrage, a New York-based fund reported 205,508 shares. Massachusetts-based Massachusetts Services Commerce Ma has invested 0.05% in FirstEnergy Corp. (NYSE:FE). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv reported 516,200 shares.

FirstEnergy Corp. is a holding company. The company has market cap of $12.95 billion. The Firm is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. It currently has negative earnings. The Company’s divisions include Regulated Distribution, Regulated Transmission, Competitive Energy Services and Corporate/Other.

Among 16 analysts covering FirstEnergy (NYSE:FE), 4 have Buy rating, 3 Sell and 9 Hold. Therefore 25% are positive. FirstEnergy had 46 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Jefferies on Thursday, April 28 to “Hold”. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, August 4. The firm has “Sell” rating given on Tuesday, July 26 by Goldman Sachs. The firm earned “Neutral” rating on Tuesday, October 18 by UBS. The firm has “Hold” rating given on Tuesday, December 20 by Deutsche Bank. The stock of FirstEnergy Corp. (NYSE:FE) has “Underperform” rating given on Thursday, January 14 by BMO Capital Markets. The company was upgraded on Tuesday, October 18 by Citigroup. The stock of FirstEnergy Corp. (NYSE:FE) has “Overweight” rating given on Monday, May 1 by Barclays Capital. The firm has “Sector Underperform” rating given on Friday, November 6 by IBC. The stock has “Buy” rating by Goldman Sachs on Friday, March 24.