Morgan Stanley (NYSE:MS) Shares Purchased by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. boosted its stake in shares of Morgan Stanley (NYSE:MS - Free Report) by 2,164.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 8,062 shares of the financial services provider's stock after purchasing an additional 7,706 shares during the period. Raleigh Capital Management Inc.'s holdings in Morgan Stanley were worth $840,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MS. Bayesian Capital Management LP purchased a new position in Morgan Stanley in the first quarter valued at $2,660,000. Resonant Capital Advisors LLC increased its stake in shares of Morgan Stanley by 17.8% in the 2nd quarter. Resonant Capital Advisors LLC now owns 5,768 shares of the financial services provider's stock valued at $561,000 after purchasing an additional 871 shares in the last quarter. Cetera Investment Advisers raised its holdings in Morgan Stanley by 115.0% in the 1st quarter. Cetera Investment Advisers now owns 223,668 shares of the financial services provider's stock worth $20,305,000 after purchasing an additional 119,633 shares during the period. AIA Group Ltd boosted its position in Morgan Stanley by 96.6% during the first 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 acquired a new stake in Morgan Stanley in the first quarter valued at approximately $87,558,000. Hedge funds and other institutional investors own 84.19% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MS. Citigroup upped their price target on shares of Morgan Stanley from $98.00 to $105.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 17th. BMO Capital Markets raised their target price on Morgan Stanley from $116.00 to $118.00 and gave the company an "outperform" rating in a research report on Thursday, July 18th. JMP Securities reiterated a "market perform" rating on shares of Morgan Stanley in a research report on Thursday, July 18th. HSBC upgraded Morgan Stanley from a "hold" rating to a "buy" rating and set a $118.00 price objective on the stock in a report on Friday, October 4th. Finally, The Goldman Sachs Group upped their target price on shares of Morgan Stanley from $106.00 to $121.00 and gave the stock a "neutral" rating in a report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $107.56.

Insider Buying and Selling

In other news, insider Mandell Crawley sold 3,500 shares of Morgan Stanley stock in a transaction on Friday, July 26th. The stock was sold at an average price of $105.25, for a total value of $368,375.00. Following the completion of the sale, the insider now directly owns 43,224 shares of the company's stock, valued at approximately $4,549,326. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, insider Mandell Crawley sold 3,500 shares of the firm'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 value of $368,375.00. Following the completion of the transaction, the insider now owns 43,224 shares of the company's stock, valued at approximately $4,549,326. 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 can be accessed through the SEC website. Also, Director Stephen J. Luczo sold 60,000 shares of the company'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 sale, the director now directly owns 138,363 shares in the company, valued at approximately $16,488,718.71. The trade was 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 corporate insiders.

Morgan Stanley Trading Up 0.0 %

Shares of NYSE:MS traded up $0.03 during midday trading on Tuesday, reaching $118.31. 4,429,156 shares of the company's stock were exchanged, compared to its average volume of 7,107,852. The stock has a market cap of $192.27 billion, a price-to-earnings ratio of 21.55, a P/E/G ratio of 1.17 and a beta of 1.36. Morgan Stanley has a fifty-two week low of $69.42 and a fifty-two week high of $121.45. The firm's 50 day simple moving average is $103.85 and its two-hundred day simple moving average is $99.57. The company has a debt-to-equity ratio of 2.96, a current ratio of 0.78 and a quick ratio of 0.78.

Morgan Stanley Announces Dividend

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 issued a $0.925 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 annualized dividend and a dividend yield of 3.13%. Morgan Stanley's dividend payout ratio is currently 67.40%.

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.