Buffington Mohr Mcneal bought 18,533 shares as the company's stock rose 1.13% with the market. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC. This shows City Of London Investment Group Plc's positive view for Morgan Stanley India Investment Fund, Inc. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Also, CFO Jonathan Pruzan sold 25,767 shares of Morgan Stanley stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. The shares were bought at an average price of $17.51 per share, with a total value of $525,300.00.
Another recent and important Morgan Stanley India Investment Fund, Inc.
On Wednesday, November 1st, City Of London Investment Grou acquired 30,000 shares of Morgan Stanley Emerging Markets Fund stock. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The stock was sold at an average price of $35.53, for a total transaction of $241,604.00.
On Monday, December 18th, City Of London Investment Grou acquired 12,794 shares of China Fund stock. The shares were sold at an average price of $36.01, for a total value of $134,389.32.
On Wednesday, December 6th, City Of London Investment Grou purchased 7,740 shares of China Fund stock.
China Fund Inc (NYSE:CHN) traded up $0.27 on Friday, reaching $23.63. The NYSE listed company saw a recent bid of $26.363 and 79634 shares have traded hands in the session. Morgan Stanley has a 52 week low of $40.06 and a 52 week high of $57.50. The company has a market cap of $103,880.00, a price-to-earnings ratio of 18.60, a P/E/G ratio of 0.92 and a beta of 1.65.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Tuesday, December 19th were paid a $0.549 dividend. This represents a $1.00 annualized dividend and a yield of 2.12%. The ex-dividend date was Monday, December 18th. It increased, as 2 investors sold Morgan Stanley India Investment Fund, Inc. shares while 8 reduced holdings. City of London Investment Management Co. 6 funds opened positions while 8 raised stakes. Ltd. now owns 3,909,903 shares of the investment management company's stock valued at $73,076,000 after acquiring an additional 121,392 shares during the period. Royal Bank of Canada now owns 27,796 shares of the company's stock valued at $899,000 after buying an additional 937 shares during the period. Zions Bancorporation now owns 2,463 shares of the financial services provider's stock valued at $119,000 after purchasing an additional 1,571 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Morgan Stanley India Investment Fund by 4.4% in the second quarter.
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The Morgan Stanley Emerging Markets Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of companies for which the principal securities trading market is the People's Republic of China (China); of companies for which the principal securities trading market is outside of China, or constituting direct equity investments in companies organized outside of China, that in both cases derive over 50% of their revenues from goods and services sold or produced, or have approximately 50% of their assets, in China, and constituting direct equity investments in companies organized in China.