Morgan Stanley (NYSE:MS) Shares Bought by Autumn Glory Partners LLC

Autumn Glory Partners LLC grew its stake in shares of Morgan Stanley (NYSE:MS) by 184.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,912 shares of the financial services provider’s stock after acquiring an additional 8,377 shares during the quarter. Autumn Glory Partners LLC’s holdings in Morgan Stanley were worth $1,346,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Compagnie Lombard Odier SCmA increased its stake in shares of Morgan Stanley by 0.3% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock valued at $3,529,000 after acquiring an additional 100 shares during the last quarter. Viewpoint Capital Management LLC increased its stake in shares of Morgan Stanley by 0.9% during the 2nd quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock valued at $1,197,000 after acquiring an additional 104 shares during the last quarter. Allen Mooney & Barnes Investment Advisors LLC increased its stake in shares of Morgan Stanley by 4.3% during the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 2,551 shares of the financial services provider’s stock valued at $266,000 after acquiring an additional 104 shares during the last quarter. WR Wealth Planners LLC increased its stake in shares of Morgan Stanley by 24.4% during the 2nd quarter. WR Wealth Planners LLC now owns 541 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 106 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its stake in shares of Morgan Stanley by 0.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 12,893 shares of the financial services provider’s stock valued at $1,344,000 after acquiring an additional 107 shares during the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on MS shares. Wells Fargo & Company boosted their target price on Morgan Stanley from $95.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, October 17th. Oppenheimer cut Morgan Stanley from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 17th. Royal Bank of Canada boosted their target price on Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a report on Thursday, October 17th. Evercore ISI boosted their target price on Morgan Stanley from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th. Finally, BMO Capital Markets boosted their target price on Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a report on Thursday, July 18th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $109.24.

Morgan Stanley Stock Performance

Morgan Stanley stock opened at $119.13 on Tuesday. The stock has a market cap of $193.61 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 2.96. The stock has a 50 day moving average of $105.69 and a 200-day moving average of $100.51. Morgan Stanley has a 52 week low of $69.42 and a 52 week high of $121.45.

Morgan Stanley Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend is Thursday, October 31st. Morgan Stanley’s dividend payout ratio (DPR) is currently 56.32%.

Insider Activity

In other news, Director Stephen J. Luczo sold 60,000 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the completion of the transaction, the director now directly owns 138,363 shares in the company, valued at approximately $16,488,718.71. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.24% of the company’s stock.

Morgan Stanley 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.