Commerzbank Aktiengesellschaft FI Has $3.03 Million Holdings in Morgan Stanley (NYSE:MS)

Commerzbank Aktiengesellschaft FI lifted its stake in shares of Morgan Stanley (NYSE:MS) by 18.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,061 shares of the financial services provider’s stock after buying an additional 4,432 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Morgan Stanley were worth $3,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in shares of Morgan Stanley during the second quarter worth approximately $25,000. POM Investment Strategies LLC increased its stake in 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 in the last quarter. Bank & Trust Co acquired a new position in Morgan Stanley during the second quarter worth $26,000. Northwest Investment Counselors LLC bought a new position in shares of Morgan Stanley in the third quarter valued at $26,000. Finally, Bbjs Financial Advisors LLC acquired a new position in shares of Morgan Stanley during the second quarter valued at about $29,000. Institutional investors own 84.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Hsbc Global Res upgraded shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Friday, October 4th. Barclays raised their target price on Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, October 17th. Citigroup increased their price target on Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, July 17th. Evercore ISI lifted their price objective 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. Finally, BMO Capital Markets upped their target price on shares of Morgan Stanley from $116.00 to $118.00 and gave the stock an “outperform” rating in a research note on Thursday, July 18th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $107.56.

Morgan Stanley Price Performance

Morgan Stanley stock opened at $117.77 on Wednesday. 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 business’s 50 day simple moving average is $104.28 and its 200 day simple moving average is $99.75. Morgan Stanley has a 12 month low of $69.42 and a 12 month high of $121.45. The company has a market cap of $191.40 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 1.17 and a beta of 1.36.

Morgan Stanley Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid 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 dividend yield of 3.14%. Morgan Stanley’s payout ratio is 67.40%.

Insider Buying and Selling

In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $105.25, for a total transaction of $368,375.00. Following the sale, the insider now directly owns 43,224 shares of the company’s stock, valued at $4,549,326. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Mandell Crawley sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $105.25, for a total transaction of $368,375.00. Following the sale, the insider now directly owns 43,224 shares in the company, valued at approximately $4,549,326. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephen J. Luczo sold 60,000 shares of Morgan Stanley stock in a transaction that occurred 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 completion of the transaction, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

Morgan Stanley 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.