Trajan Wealth LLC Purchases 2,282 Shares of Morgan Stanley (NYSE:MS)

Trajan Wealth LLC raised its position in shares of Morgan Stanley (NYSE:MS) by 4.9% in the third quarter, Holdings Channel reports. The firm owned 48,737 shares of the financial services provider’s stock after acquiring an additional 2,282 shares during the quarter. Trajan Wealth LLC’s holdings in Morgan Stanley were worth $5,080,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors increased its stake in Morgan Stanley by 16.3% during the 1st quarter. Capital International Investors now owns 28,481,070 shares of the financial services provider’s stock valued at $2,681,778,000 after purchasing an additional 3,981,528 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Morgan Stanley by 2.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 12,875,677 shares of the financial services provider’s stock valued at $1,251,387,000 after acquiring an additional 303,654 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Morgan Stanley by 2.0% during the 2nd quarter. Legal & General Group Plc now owns 10,597,493 shares of the financial services provider’s stock valued at $1,029,970,000 after acquiring an additional 212,551 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Morgan Stanley by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 8,834,372 shares of the financial services provider’s stock worth $858,573,000 after buying an additional 242,896 shares during the last quarter. Finally, Boston Partners boosted its holdings in shares of Morgan Stanley by 0.8% in the first quarter. Boston Partners now owns 7,151,492 shares of the financial services provider’s stock worth $672,969,000 after buying an additional 57,104 shares during the last quarter. 84.19% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Stephen J. Luczo sold 60,000 shares of Morgan Stanley stock in a transaction that occurred on 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 owns 138,363 shares in the company, 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 filing with the SEC, which is available at the SEC website. Company insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. UBS Group raised their price objective on shares of Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th. Citigroup raised their price objective on shares of Morgan Stanley from $98.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, July 17th. Barclays raised their price objective on shares of Morgan Stanley from $121.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 17th. BMO Capital Markets raised their price objective 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. Finally, Hsbc Global Res raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Friday, October 4th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $109.24.

Morgan Stanley Trading Up 0.2 %

Morgan Stanley stock opened at $119.37 on Wednesday. The stock has a market cap of $194.00 billion, a P/E ratio of 18.17, a PEG ratio of 1.10 and a beta of 1.36. 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 has a 1 year low of $69.42 and a 1 year high of $121.45. The firm’s 50 day moving average price is $106.06 and its 200-day moving average price is $100.74.

Morgan Stanley Dividend Announcement

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 given a dividend of $0.925 per share. This represents a $3.70 annualized dividend and a dividend yield of 3.10%. The ex-dividend date is Thursday, October 31st. Morgan Stanley’s payout ratio is currently 56.32%.

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.