Lmcg Investments LLC Has $3.47 Million Stock Holdings in Morgan Stanley (NYSE:MS)

Lmcg Investments LLC increased its holdings in shares of Morgan Stanley (NYSE:MS - Free Report) by 28.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,246 shares of the financial services provider's stock after acquiring an additional 7,384 shares during the period. Lmcg Investments LLC's holdings in Morgan Stanley were worth $3,466,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Northwest Investment Counselors LLC bought a new position in shares of Morgan Stanley in the third quarter worth about $26,000. Opal Wealth Advisors LLC bought a new position in Morgan Stanley in the 2nd quarter worth approximately $25,000. POM Investment Strategies LLC lifted its holdings 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 worth $25,000 after buying an additional 241 shares in the last quarter. Bank & Trust Co bought a new position in Morgan Stanley in the 2nd quarter valued at $26,000. Finally, Bbjs Financial Advisors LLC acquired a new stake in shares of Morgan Stanley in the 2nd quarter valued at $29,000. 84.19% of the stock is currently owned by institutional investors.

Morgan Stanley Stock Up 0.5 %

NYSE MS traded up $0.60 during trading hours on Friday, reaching $116.85. 4,372,177 shares of the company's stock were exchanged, compared to its average volume of 7,050,190. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.78 and a current ratio of 0.78. Morgan Stanley has a one year low of $71.65 and a one year high of $121.45. The company's 50-day moving average is $107.02 and its two-hundred day moving average is $101.26. The company has a market capitalization of $189.90 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36.

Morgan Stanley Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a $0.925 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $3.70 annualized dividend and a yield of 3.17%. Morgan Stanley's dividend payout ratio is currently 56.32%.

Insider Buying and Selling

In other Morgan Stanley news, Director Stephen J. Luczo sold 60,000 shares of Morgan Stanley stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $119.17, for a total value of $7,150,200.00. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.24% of the company's stock.

Wall Street Analysts Forecast Growth

MS has been the topic of several recent research reports. Barclays raised their price target on Morgan Stanley from $121.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, October 17th. UBS Group raised their target price on shares of Morgan Stanley from $102.00 to $112.00 and gave the company a "neutral" rating in a research note on Tuesday, October 8th. HSBC raised shares of Morgan Stanley from a "hold" rating to a "buy" rating and set a $118.00 price target for the company in a research note on Friday, October 4th. Wells Fargo & Company raised their price objective on shares of Morgan Stanley from $95.00 to $107.00 and gave the company an "underweight" rating in a research note on Thursday, October 17th. Finally, Jefferies Financial Group upped their target price on shares of Morgan Stanley from $120.00 to $135.00 and gave the company a "buy" rating in a research report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, ten have given 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 price target of $109.24.

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.