Morgan Stanley (NYSE:MS) Shares Bought by Baugh & Associates LLC

Baugh & Associates LLC grew its position in Morgan Stanley (NYSE:MS) by 0.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,785 shares of the financial services provider’s stock after buying an additional 629 shares during the quarter. Morgan Stanley accounts for about 3.6% of Baugh & Associates LLC’s portfolio, making the stock its 10th largest holding. Baugh & Associates LLC’s holdings in Morgan Stanley were worth $7,028,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in shares of Morgan Stanley during the 2nd quarter valued at approximately $25,000. POM Investment Strategies LLC grew its holdings in shares of Morgan Stanley by 1,147.6% during the 2nd quarter. POM Investment Strategies LLC now owns 262 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 241 shares during the last quarter. Bank & Trust Co bought a new stake in shares of Morgan Stanley during the 2nd quarter valued at approximately $26,000. Northwest Investment Counselors LLC bought a new stake in Morgan Stanley during the 3rd quarter worth approximately $26,000. Finally, Bbjs Financial Advisors LLC bought a new stake in Morgan Stanley during the 2nd quarter worth approximately $29,000. 84.19% of the stock is owned by institutional investors.

Morgan Stanley Stock Up 11.6 %

Morgan Stanley stock opened at $131.43 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.96. Morgan Stanley has a 12-month low of $73.96 and a 12-month high of $133.52. The firm’s fifty day moving average is $108.19 and its 200 day moving average is $101.92. The company has a market capitalization of $213.60 billion, a PE ratio of 20.00, a PEG ratio of 1.09 and a beta of 1.34.

Morgan Stanley Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.925 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 2.82%. Morgan Stanley’s payout ratio is presently 56.32%.

Insider Activity at Morgan Stanley

In other Morgan Stanley 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 transaction of $7,150,200.00. Following the transaction, the director now owns 138,363 shares in the company, valued at approximately $16,488,718.71. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.24% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MS has been the topic of a number of research reports. Evercore ISI boosted their target price on shares of Morgan Stanley from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th. UBS Group boosted their target price on shares of Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th. Jefferies Financial Group boosted their target price on shares of Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Wells Fargo & Company boosted their target price on shares of Morgan Stanley from $95.00 to $107.00 and gave the stock an “underweight” rating in a report on Thursday, October 17th. Finally, BMO Capital Markets boosted their target price on shares of Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a report on Thursday, July 18th. One analyst has rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Morgan Stanley presently has an average rating of “Hold” and a consensus 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.