NEW YORK (TheStreet) -- Shares of Morgan Stanley  (MS) - Get Report rose 0.52% to $35.71 in afternoon trading Friday after Morgan Stanley Infrastructure Partners, the financial services company's dedicated infrastructure investing platform, announced the sale of Montreal Gateway Terminals.

The company announced that a subsidiary of Morgan Stanley Infrastructure Partners, a $4 billion global infrastructure fund, had agreed to sell Montreal Gateway Terminals to a consortium led by Fiera Axium Infrastructure.

The MSIP subsidiary, MGT Holdings, acquired an 80% interest in Montreal Gateway Terminals in February 2007 and 100% ownership in December 2013. Montreal Gateway Terminals is the largest operator at the Port of Montreal and the second-largest container facility in Canada.

Terms of the sale were not disclosed.

"We are proud of our accomplishments over the past seven years at Montreal Gateway Terminals," said John Watt, Head of Asset Management for MSI, in a statement. "The team worked closely with management on many initiatives, and Montreal Gateway Terminals is today a very efficient company providing customer service at the highest quality level."

Insight from TheStreet's Research Team:

Jim Cramer, Portfolio Manager, and Jack Mohr, Director of Research, own Morgan Stanley for Cramer's Action Alerts PLUS Charitable Trust Portfolio. Cramer and Mohr commented on the stock in an article on ActionAlertsPLUS.com regarding the U.S. jobs report.

U.S. nonfarm payrolls rose 295,000 in February, blowing past economists' 240,000 forecast. Job creation in prior months was slightly weaker than previously estimated, with revisions showing a net decline of 18,000 jobs for December and January. The unemployment rate fell to 5.5% in February, the lowest since May 2008, and an improvement from 5.7% in January. The economy has now added more than 200,000 jobs for 12 straight months, though this has not necessarily translated into faster wage growth. Wages were up 2% from a year earlier, a slightly slower annual gain than January's 2.2% y/y increase.

The strong number puts increased pressure on the Federal Reserve to raise interest rates. The 5.5% unemployment rate is at the top of the Fed's so-called natural unemployment rate, which is the normal rate of unemployment for an expanding economy. The one data point which may hold them back is the persistently low labor participation rate, which fell 10 basis points to 62.8% in February, near its lowest level since the late 1970s.

The yield on the 10-year Treasury note spiked 8.4 basis points to above 2.2% (2.203%), suggesting the market is starting to position itself for potential inflation and subsequent hike in rates by the Fed.

We would note that the strong jobs number is overwhelmingly positive for the banks we own, including Wells Fargo (WFC) - Get Report, Morgan Stanley, and SunTrust (STI) - Get Report. Since Wells is underperforming its peers in this morning's trading, we believe it is the most attractive way to play the news.

- Jim Cramer and Jack Mohr, 'Adding to Wells Fargo on Strong Jobs Report' originally published 3/6/2015 on ActionAlertsPLUS.com

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Separately, TheStreet Ratings team rates MORGAN STANLEY as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate MORGAN STANLEY (MS) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, reasonable valuation levels, impressive record of earnings per share growth and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."

You can view the full analysis from the report here: MS Ratings Report