Cyndeo Wealth Partners LLC Has $9.37 Million Position in Morgan Stanley (NYSE:MS)

Cyndeo Wealth Partners LLC increased its position in shares of Morgan Stanley (NYSE:MS - Free Report) by 75.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,863 shares of the financial services provider's stock after acquiring an additional 38,720 shares during the period. Cyndeo Wealth Partners LLC's holdings in Morgan Stanley were worth $9,367,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Capital International Investors increased its position in Morgan Stanley by 16.3% during the first quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider's stock worth $2,681,778,000 after buying an additional 3,981,528 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in Morgan Stanley by 600.8% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 1,301,835 shares of the financial services provider's stock valued at $122,581,000 after purchasing an additional 1,116,058 shares during the last quarter. Swedbank AB bought a new stake in Morgan Stanley in the 1st quarter valued at $87,558,000. Bessemer Group Inc. grew its position in Morgan Stanley by 433.4% in the 1st quarter. Bessemer Group Inc. now owns 779,451 shares of the financial services provider's stock worth $73,392,000 after purchasing an additional 633,319 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI bought a new position in shares of Morgan Stanley during the 2nd quarter worth about $43,850,000. Institutional investors and hedge funds own 84.19% of the company's stock.

Insider Transactions at Morgan Stanley

In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of the stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $105.25, for a total transaction of $368,375.00. Following the completion of the transaction, the insider now owns 43,224 shares in the company, valued at approximately $4,549,326. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Morgan Stanley news, insider Mandell Crawley sold 3,500 shares of the company's stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $105.25, for a total transaction of $368,375.00. Following the completion of the transaction, the insider now owns 43,224 shares of the company's stock, valued at $4,549,326. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, 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 disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.

Morgan Stanley Stock Up 1.4 %

Shares of NYSE MS traded up $1.62 during mid-day trading on Friday, reaching $121.06. 6,852,874 shares of the company's stock were exchanged, compared to its average volume of 7,119,605. Morgan Stanley has a twelve month low of $69.42 and a twelve month high of $121.45. 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 firm has a market capitalization of $196.74 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 1.17 and a beta of 1.36. The business has a fifty day simple moving average of $103.38 and a 200 day simple moving average of $99.38.

Morgan Stanley Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.925 per share. The ex-dividend date is Thursday, October 31st. This represents a $3.70 annualized dividend and a yield of 3.06%. Morgan Stanley's dividend payout ratio (DPR) is currently 67.40%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group lifted their target price on Morgan Stanley from $120.00 to $135.00 and gave the stock a "buy" rating in a research report on Thursday. Barclays boosted their target price on shares of Morgan Stanley from $121.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday. 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. HSBC raised shares of Morgan Stanley from a "hold" rating to a "buy" rating and set a $118.00 price objective on the stock in a research note on Friday, October 4th. Finally, BMO Capital Markets lifted their target price on shares of Morgan Stanley from $116.00 to $118.00 and gave the company an "outperform" rating in a research note on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $107.56.

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.