Greenwich Wealth Management LLC Has $1.32 Million Position in Morgan Stanley (NYSE:MS)

Greenwich Wealth Management LLC lowered its position in shares of Morgan Stanley (NYSE:MS) by 90.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,667 shares of the financial services provider’s stock after selling 118,400 shares during the quarter. Greenwich Wealth Management LLC’s holdings in Morgan Stanley were worth $1,320,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton grew its holdings in Morgan Stanley by 2.6% during the third quarter. Rosenberg Matthew Hamilton now owns 3,748 shares of the financial services provider’s stock valued at $391,000 after purchasing an additional 96 shares during the period. Compagnie Lombard Odier SCmA boosted its holdings in shares of Morgan Stanley by 0.3% in the third quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock valued at $3,529,000 after buying an additional 100 shares during the period. Viewpoint Capital Management LLC boosted its holdings in shares of Morgan Stanley by 0.9% in the second quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock valued at $1,197,000 after buying an additional 104 shares during the period. Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in shares of Morgan Stanley by 4.3% in the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 2,551 shares of the financial services provider’s stock valued at $266,000 after buying an additional 104 shares during the period. Finally, WR Wealth Planners LLC boosted its holdings in shares of Morgan Stanley by 24.4% in the second quarter. WR Wealth Planners LLC now owns 541 shares of the financial services provider’s stock valued at $53,000 after buying an additional 106 shares during the period. Institutional investors and hedge funds own 84.19% of the company’s stock.

Insider Transactions at Morgan Stanley

In related news, Director Stephen J. Luczo sold 60,000 shares of Morgan Stanley 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 of the company’s stock, valued at approximately $16,488,718.71. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.24% of the company’s stock.

Morgan Stanley Trading Up 0.5 %

Morgan Stanley stock traded up $0.60 during mid-day trading on Friday, hitting $116.85. 4,372,177 shares of the stock were exchanged, compared to its average volume of 7,050,190. 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 $71.65 and a 12 month high of $121.45. The firm’s fifty day simple moving average is $107.02 and its two-hundred day simple moving average is $101.17. The stock has a market capitalization of $189.90 billion, a price-to-earnings ratio of 17.79, a PEG ratio of 1.10 and a beta of 1.36.

Morgan Stanley Dividend Announcement

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

Wall Street Analyst Weigh In

MS has been the subject of several research analyst reports. Hsbc Global Res upgraded shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Friday, October 4th. The Goldman Sachs Group boosted their price objective on shares of Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Oppenheimer lowered shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. BMO Capital Markets boosted their price objective on shares of Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a research report on Thursday, July 18th. Finally, Wells Fargo & Company upped their price target on shares of Morgan Stanley from $95.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Morgan Stanley currently has a consensus rating of “Hold” and a consensus target price of $109.24.

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.