Mount Yale Investment Advisors LLC Lowers Stock Holdings in Morgan Stanley (NYSE:MS)

Mount Yale Investment Advisors LLC lowered its stake in Morgan Stanley (NYSE:MS) by 10.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,797 shares of the financial services provider’s stock after selling 1,125 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Morgan Stanley were worth $1,021,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Capital International Investors grew its holdings in shares of 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 valued at $2,681,778,000 after buying an additional 3,981,528 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in shares of 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 acquiring an additional 1,116,058 shares during the last quarter. Swedbank AB bought a new stake in shares of Morgan Stanley in the first quarter worth approximately $87,558,000. Bessemer Group Inc. lifted its position in Morgan Stanley by 433.4% during the first quarter. Bessemer Group Inc. now owns 779,451 shares of the financial services provider’s stock valued at $73,392,000 after purchasing an additional 633,319 shares during the period. Finally, Zurich Insurance Group Ltd FI purchased a new stake in Morgan Stanley in the second quarter worth approximately $43,850,000. Institutional investors own 84.19% of the company’s stock.

Morgan Stanley Trading Down 1.9 %

MS stock opened at $116.85 on Friday. 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 business has a 50 day simple moving average of $105.03 and a two-hundred day simple moving average of $100.01. The company has a market capitalization of $189.90 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 1.17 and a beta of 1.36.

Morgan Stanley Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.925 per share. 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 payout ratio is 67.40%.

Analyst Ratings Changes

Several research firms have recently weighed in on MS. Citigroup increased their price target on Morgan Stanley from $98.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, July 17th. Wells Fargo & Company raised their target price on Morgan Stanley from $95.00 to $107.00 and gave the stock an “underweight” rating in a research report on Thursday, October 17th. 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 report on Friday, October 4th. Hsbc Global Res raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a report on Friday, October 4th. Finally, Oppenheimer cut shares of Morgan Stanley from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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 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 completion of the transaction, the director now owns 138,363 shares of the company’s stock, valued at $16,488,718.71. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is currently owned by insiders.

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.