Private Wealth Partners LLC Purchases 2,660 Shares of Morgan Stanley (NYSE:MS)

Private Wealth Partners LLC lifted its position in shares of Morgan Stanley (NYSE:MS) by 4.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,395 shares of the financial services provider’s stock after purchasing an additional 2,660 shares during the period. Private Wealth Partners LLC’s holdings in Morgan Stanley were worth $6,504,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton grew its stake in Morgan Stanley by 2.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock valued at $391,000 after purchasing an additional 96 shares during the period. Compagnie Lombard Odier SCmA grew its position in Morgan Stanley by 0.3% during the third quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock valued at $3,529,000 after buying an additional 100 shares during the period. Viewpoint Capital Management LLC grew its position in Morgan Stanley by 0.9% during the second quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock valued at $1,197,000 after buying an additional 104 shares during the period. Allen Mooney & Barnes Investment Advisors LLC increased its holdings in Morgan Stanley by 4.3% during the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 2,551 shares of the financial services provider’s stock worth $266,000 after buying an additional 104 shares during the last quarter. Finally, WR Wealth Planners LLC raised its position in Morgan Stanley by 24.4% in the second quarter. WR Wealth Planners LLC now owns 541 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 106 shares during the period. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Morgan Stanley

In other news, Director Stephen J. Luczo sold 60,000 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $119.17, for a total value of $7,150,200.00. Following the transaction, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is currently owned by insiders.

Morgan Stanley Price Performance

Shares of NYSE MS opened at $116.85 on Friday. The stock’s 50-day simple moving average is $107.02 and its two-hundred day simple moving average is $101.26. Morgan Stanley has a twelve month low of $71.65 and a twelve month high of $121.45. The firm has a market capitalization of $189.90 billion, a P/E ratio of 17.79, a P/E/G ratio of 1.09 and a beta of 1.34. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.96.

Morgan Stanley Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.925 dividend. This represents a $3.70 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend is Thursday, October 31st. Morgan Stanley’s dividend payout ratio is currently 56.32%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MS. HSBC upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $118.00 price target for the company in a research note on Friday, October 4th. Barclays boosted their target price on Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 17th. Wells Fargo & Company upped their price target on Morgan Stanley from $95.00 to $107.00 and gave the company an “underweight” rating in a research report on Thursday, October 17th. UBS Group boosted their price objective on Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a research note on Tuesday, October 8th. Finally, The Goldman Sachs Group increased their target price on shares of Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $109.24.

Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.