Morgan Stanley (NYSE:MS) Shares Bought by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC grew its position in Morgan Stanley (NYSE:MS) by 0.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,924 shares of the financial services provider’s stock after acquiring an additional 153 shares during the quarter. Bouvel Investment Partners LLC’s holdings in Morgan Stanley were worth $2,702,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in Morgan Stanley during the 2nd quarter valued at approximately $25,000. POM Investment Strategies LLC lifted its stake in Morgan Stanley by 1,147.6% in the second quarter. POM Investment Strategies LLC now owns 262 shares of the financial services provider’s stock valued at $25,000 after buying an additional 241 shares during the last quarter. Bank & Trust Co acquired a new position in shares of Morgan Stanley during the second quarter valued at $26,000. Northwest Investment Counselors LLC bought a new position in shares of Morgan Stanley during the third quarter worth about $26,000. Finally, Bbjs Financial Advisors LLC acquired a new stake in shares of Morgan Stanley in the 2nd quarter worth about $29,000. 84.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Evercore ISI boosted their price target on Morgan Stanley from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 17th. Royal Bank of Canada increased their target price on shares of Morgan Stanley from $108.00 to $122.00 and gave the company a “sector perform” rating in a research report on Thursday, October 17th. JMP Securities reissued a “market perform” rating on shares of Morgan Stanley in a research note on Thursday, July 18th. Citigroup upped their price target on shares of Morgan Stanley from $98.00 to $105.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 17th. Finally, Jefferies Financial Group raised their price objective on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Morgan Stanley presently has an average rating of “Hold” and an average target price of $109.24.

Insider Buying and Selling at Morgan Stanley

In related news, Director Stephen J. Luczo sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $119.17, for a total value of $7,150,200.00. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.24% of the company’s stock.

Morgan Stanley Stock Up 0.3 %

Morgan Stanley stock opened at $132.75 on Thursday. Morgan Stanley has a twelve month low of $76.33 and a twelve month high of $134.65. The company has a debt-to-equity ratio of 3.14, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market cap of $213.87 billion, a PE ratio of 20.21, a P/E/G ratio of 1.23 and a beta of 1.34. The firm’s 50 day moving average price is $110.49 and its two-hundred day moving average price is $103.05.

Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.31. The company had revenue of $15.38 billion for the quarter, compared to analyst estimates of $14.27 billion. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. On average, research analysts predict that Morgan Stanley will post 7.32 EPS for the current fiscal year.

Morgan Stanley Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.925 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 annualized dividend and a yield of 2.79%. Morgan Stanley’s dividend payout ratio (DPR) is currently 56.32%.

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.