2,130 Shares in Morgan Stanley (NYSE:MS) Acquired by BKM Wealth Management LLC

BKM Wealth Management LLC bought a new position in shares of Morgan Stanley (NYSE:MS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,130 shares of the financial services provider’s stock, valued at approximately $222,000.

Several other hedge funds have also added to or reduced their stakes in MS. Capital International Investors boosted its position in Morgan Stanley by 16.3% during the 1st quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock worth $2,681,778,000 after buying an additional 3,981,528 shares during the period. Public Employees Retirement Association of Colorado lifted its position in shares of Morgan Stanley by 600.8% in the 1st 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 purchasing an additional 1,116,058 shares during the period. Swedbank AB acquired a new position in shares of Morgan Stanley in the 1st quarter worth approximately $87,558,000. Bessemer Group Inc. lifted its position in shares of Morgan Stanley by 433.4% in the 1st quarter. Bessemer Group Inc. now owns 779,451 shares of the financial services provider’s stock worth $73,392,000 after purchasing an additional 633,319 shares during the period. Finally, Zurich Insurance Group Ltd FI acquired a new position in shares of Morgan Stanley in the 2nd quarter worth approximately $43,850,000. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Morgan Stanley

In other news, Director Stephen J. Luczo sold 60,000 shares of the company’s 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 completion of the sale, the director now owns 138,363 shares in the company, valued at $16,488,718.71. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.24% of the company’s stock.

Morgan Stanley Stock Performance

Shares of MS stock opened at $116.88 on Friday. Morgan Stanley has a 12 month low of $69.42 and a 12 month high of $121.45. 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 firm has a market capitalization of $189.95 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. The firm has a fifty day simple moving average of $105.34 and a two-hundred day simple moving average of $100.22.

Morgan Stanley Announces Dividend

The company 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 $0.925 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 annualized dividend and a dividend yield of 3.17%. Morgan Stanley’s payout ratio is 56.32%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on MS shares. HSBC upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $118.00 price target on the stock in a research report on Friday, October 4th. Oppenheimer downgraded shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Hsbc Global Res upgraded shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 4th. JMP Securities reiterated a “market perform” rating on shares of Morgan Stanley in a research note on Thursday, July 18th. Finally, Jefferies Financial Group lifted 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 equities research 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. According to MarketBeat, Morgan Stanley presently has a consensus rating of “Hold” and an average 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.