2,118 Shares in Morgan Stanley (NYSE:MS) Bought by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management acquired a new stake in shares of Morgan Stanley (NYSE:MS) during the 3rd quarter, HoldingsChannel reports. The fund acquired 2,118 shares of the financial services provider’s stock, valued at approximately $221,000.

Several other institutional investors have also modified their holdings of MS. Opal Wealth Advisors LLC acquired a new position in Morgan Stanley in the 2nd quarter valued at $25,000. POM Investment Strategies LLC grew its holdings in shares of Morgan Stanley by 1,147.6% during the second quarter. POM Investment Strategies LLC now owns 262 shares of the financial services provider’s stock worth $25,000 after buying an additional 241 shares in the last quarter. Bank & Trust Co acquired a new stake in shares of Morgan Stanley in the second quarter valued at about $26,000. Bbjs Financial Advisors LLC acquired a new position in Morgan Stanley during the second quarter worth about $29,000. Finally, Lynx Investment Advisory purchased a new stake in Morgan Stanley during the 2nd quarter valued at about $30,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Activity at Morgan Stanley

In related news, Director Stephen J. Luczo sold 60,000 shares of the firm’s stock in a transaction dated 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 $16,488,718.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Mandell Crawley sold 3,500 shares of the business’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $105.25, for a total transaction of $368,375.00. Following the completion of the transaction, the insider now owns 43,224 shares of the company’s stock, valued at approximately $4,549,326. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MS has been the topic of a number of research reports. Hsbc Global Res raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 4th. Oppenheimer lowered Morgan Stanley from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 17th. BMO Capital Markets raised their target price on Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a research note on Thursday, July 18th. Barclays lifted their price target on Morgan Stanley from $121.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Citigroup upped their price objective on shares of Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Morgan Stanley presently has an average rating of “Hold” and an average price target of $107.56.

Morgan Stanley Stock Up 1.4 %

Morgan Stanley stock opened at $121.06 on Friday. The company has a market capitalization of $196.74 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 1.17 and a beta of 1.36. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.78 and a current ratio of 0.78. Morgan Stanley has a fifty-two week low of $69.42 and a fifty-two week high of $121.45. The firm has a 50 day moving average price of $103.38 and a 200 day moving average price of $99.34.

Morgan Stanley Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.925 dividend. The ex-dividend date is Thursday, October 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 3.06%. Morgan Stanley’s payout ratio is presently 67.40%.

About Morgan Stanley

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.