BSW Wealth Partners Has $572,000 Stock Position in Morgan Stanley (NYSE:MS)

BSW Wealth Partners lifted its holdings in shares of Morgan Stanley (NYSE:MS) by 9.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,488 shares of the financial services provider’s stock after purchasing an additional 480 shares during the period. BSW Wealth Partners’ holdings in Morgan Stanley were worth $572,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of MS. Capital International Investors lifted its holdings in shares of Morgan Stanley by 16.3% during the first quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock worth $2,681,778,000 after purchasing an additional 3,981,528 shares during the period. Public Employees Retirement Association of Colorado raised its stake in Morgan Stanley by 600.8% during the first quarter. Public Employees Retirement Association of Colorado now owns 1,301,835 shares of the financial services provider’s stock worth $122,581,000 after buying an additional 1,116,058 shares during the last quarter. Swedbank AB bought a new position in Morgan Stanley during the first quarter worth $87,558,000. Bessemer Group Inc. raised its stake in Morgan Stanley by 433.4% during the first quarter. Bessemer Group Inc. now owns 779,451 shares of the financial services provider’s stock worth $73,392,000 after buying an additional 633,319 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI bought a new position in Morgan Stanley during the second quarter worth $43,850,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Stock Up 0.5 %

Shares of NYSE MS traded up $0.60 during mid-day trading on Friday, reaching $116.85. 4,372,177 shares of the company’s stock traded hands, compared to its average volume of 6,697,360. Morgan Stanley has a 1-year low of $71.65 and a 1-year high of $121.45. The stock has a market cap of $189.90 billion, a P/E ratio of 17.79, a PEG ratio of 1.09 and a beta of 1.34. The business has a 50-day simple moving average of $107.02 and a 200 day simple moving average of $101.26. The company has a debt-to-equity ratio of 2.96, a current ratio of 0.78 and a quick ratio of 0.78.

Morgan Stanley Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Thursday, October 31st. Morgan Stanley’s dividend payout ratio (DPR) is presently 56.32%.

Wall Street Analysts Forecast Growth

MS has been the subject of a number of analyst reports. JMP Securities reissued a “market perform” rating on shares of Morgan Stanley in a research note on Thursday, July 18th. Royal Bank of Canada lifted their target price on shares of Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 17th. UBS Group lifted their target price on shares of Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 8th. The Goldman Sachs Group lifted their target price on shares of Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Finally, Barclays lifted their price target on shares of Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, October 17th. 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 assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $109.24.

Insider Buying and Selling

In related news, Director Stephen J. Luczo sold 60,000 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $119.17, for a total transaction of $7,150,200.00. Following the transaction, the director now directly owns 138,363 shares in the company, valued at approximately $16,488,718.71. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.24% of the stock is owned by corporate insiders.

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.