Kohmann Bosshard Financial Services LLC Buys Shares of 2,032 Morgan Stanley (NYSE:MS)

Kohmann Bosshard Financial Services LLC purchased a new position in shares of Morgan Stanley (NYSE:MS) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,032 shares of the financial services provider’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds have also modified their holdings of MS. Opal Wealth Advisors LLC bought a new stake in shares of Morgan Stanley during the second quarter worth $25,000. POM Investment Strategies LLC boosted its holdings in shares of 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 valued at $25,000 after acquiring an additional 241 shares in the last quarter. Bank & Trust Co acquired a new stake in shares of Morgan Stanley during the 2nd quarter valued at $26,000. Bbjs Financial Advisors LLC bought a new stake in Morgan Stanley during the 2nd quarter worth $29,000. Finally, Lynx Investment Advisory acquired a new position in Morgan Stanley in the 2nd quarter worth about $30,000. 84.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Barclays lifted their price target on Morgan Stanley from $121.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. HSBC raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $118.00 target price on the stock in a report on Friday, October 4th. Hsbc Global Res raised shares of Morgan Stanley from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 4th. Evercore ISI lifted their price target on shares of Morgan Stanley from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th. Finally, The Goldman Sachs Group increased their price objective on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Morgan Stanley presently has an average rating of “Hold” and a consensus price target of $107.56.

Morgan Stanley Trading Up 1.4 %

NYSE:MS opened at $121.07 on Friday. Morgan Stanley has a 12 month low of $69.42 and a 12 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 stock has a market capitalization of $196.76 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 1.17 and a beta of 1.36. The firm has a fifty day simple moving average of $103.38 and a two-hundred day simple moving average of $99.29.

Morgan Stanley (NYSE:MS) last issued its earnings results on Tuesday, July 16th. The financial services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.65 by $0.17. Morgan Stanley had a return on equity of 11.85% and a net margin of 10.17%. The company had revenue of $15.02 billion during the quarter, compared to the consensus estimate of $14.32 billion. During the same period last year, the business posted $1.24 EPS. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. Analysts expect that Morgan Stanley will post 6.95 EPS for the current fiscal year.

Morgan Stanley Dividend Announcement

The company 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 dividend of $0.925 per share. The ex-dividend date is Thursday, October 31st. This represents a $3.70 annualized dividend and a dividend yield of 3.06%. Morgan Stanley’s dividend payout ratio is 67.40%.

Insider Transactions at Morgan Stanley

In related news, insider Mandell Crawley sold 3,500 shares of Morgan Stanley stock in a transaction 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, 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 value of $7,150,200.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Mandell Crawley sold 3,500 shares of the firm’s stock in a transaction 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 sale, the insider now directly owns 43,224 shares of the company’s stock, valued at approximately $4,549,326. 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.

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.