Blake Schutter Theil Wealth Advisors LLC Takes Position in Morgan Stanley (NYSE:MS)

Blake Schutter Theil Wealth Advisors LLC bought a new stake in shares of Morgan Stanley (NYSE:MS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 5,046 shares of the financial services provider’s stock, valued at approximately $526,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rosenberg Matthew Hamilton increased its holdings in shares of 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 acquiring an additional 96 shares in the last quarter. Compagnie Lombard Odier SCmA increased its stake in Morgan Stanley by 0.3% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 33,850 shares of the financial services provider’s stock valued at $3,529,000 after purchasing an additional 100 shares in the last quarter. Lansing Street Advisors raised its holdings in Morgan Stanley by 0.8% during the third quarter. Lansing Street Advisors now owns 12,284 shares of the financial services provider’s stock worth $1,280,000 after buying an additional 103 shares during the last quarter. Viewpoint Capital Management LLC raised its holdings in Morgan Stanley by 0.9% during the second quarter. Viewpoint Capital Management LLC now owns 12,319 shares of the financial services provider’s stock worth $1,197,000 after buying an additional 104 shares during the last quarter. Finally, Allen Mooney & Barnes Investment Advisors LLC lifted its stake 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 in the last quarter. 84.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MS. 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 report on Thursday, July 18th. The Goldman Sachs Group increased their price objective on Morgan Stanley from $106.00 to $121.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. UBS Group lifted their target price on Morgan Stanley from $102.00 to $112.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. Barclays increased their price target on Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, October 17th. Finally, Royal Bank of Canada lifted their price objective on shares of Morgan Stanley from $108.00 to $122.00 and gave the stock a “sector perform” rating in a report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Morgan Stanley currently has a consensus rating of “Hold” and an average target price of $109.24.

Insider Buying and Selling at Morgan Stanley

In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of the company’s stock in a transaction dated 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 sale, the director now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.24% of the company’s stock.

Morgan Stanley Trading Up 11.6 %

Shares of MS 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. The firm has a market cap of $213.60 billion, a P/E ratio of 20.00, a PEG ratio of 1.09 and a beta of 1.34. The company has a 50 day moving average of $108.19 and a 200-day moving average of $101.92. Morgan Stanley has a 12-month low of $73.96 and a 12-month high of $133.52.

Morgan Stanley Announces Dividend

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

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.