F M Investments LLC Has $10.72 Million Stake in Morgan Stanley (NYSE:MS)

F M Investments LLC increased its holdings in shares of Morgan Stanley (NYSE:MS) by 13.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,821 shares of the financial services provider’s stock after acquiring an additional 11,832 shares during the quarter. F M Investments LLC’s holdings in Morgan Stanley were worth $10,720,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Bayesian Capital Management LP acquired a new stake in Morgan Stanley during the 1st quarter worth approximately $2,660,000. Resonant Capital Advisors LLC boosted its position in shares of Morgan Stanley by 17.8% in the second quarter. Resonant Capital Advisors LLC now owns 5,768 shares of the financial services provider’s stock valued at $561,000 after acquiring an additional 871 shares during the period. Cetera Investment Advisers grew its stake in shares of Morgan Stanley by 115.0% in the first quarter. Cetera Investment Advisers now owns 223,668 shares of the financial services provider’s stock valued at $20,305,000 after acquiring an additional 119,633 shares in the last quarter. AIA Group Ltd raised its stake in Morgan Stanley by 96.6% in the 1st quarter. AIA Group Ltd now owns 33,598 shares of the financial services provider’s stock worth $3,164,000 after purchasing an additional 16,507 shares in the last quarter. Finally, Swedbank AB bought a new stake in Morgan Stanley in the 1st quarter valued at about $87,558,000. Institutional investors and hedge funds own 84.19% of the company’s stock.

Morgan Stanley Trading Up 0.5 %

MS traded up $0.60 during midday trading on Friday, hitting $116.85. 4,372,177 shares of the company were exchanged, compared to its average volume of 7,050,190. The firm has a market capitalization of $189.90 billion, a P/E ratio of 17.79, a P/E/G ratio of 1.10 and a beta of 1.36. The firm’s 50 day moving average price is $107.02 and its 200-day moving average price is $101.17. 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 1-year low of $71.65 and a 1-year high of $121.45.

Morgan Stanley Announces Dividend

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 given a $0.925 dividend. The ex-dividend date is Thursday, October 31st. This represents a $3.70 dividend on an annualized basis and a dividend yield of 3.17%. Morgan Stanley’s dividend payout ratio (DPR) is currently 56.32%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Evercore ISI raised their price objective on Morgan Stanley from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 17th. Barclays increased their price objective on shares of Morgan Stanley from $121.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, October 17th. Hsbc Global Res upgraded shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 4th. 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 report on Thursday, October 17th. Finally, Oppenheimer cut Morgan Stanley from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $109.24.

Insider Activity

In related news, Director Stephen J. Luczo sold 60,000 shares of the firm’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 transaction 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 $16,488,718.71. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.24% of the company’s stock.

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.