Morgan Stanley Upgrades Corebridge Financial’s Preferred Security Rating
According to Fintel, on February 28, 2025, Morgan Stanley raised its outlook for Corebridge Financial, Inc.’s Preferred Security (NYSE: CRBD) from Equal-Weight to Overweight.
Institutional Holdings Overview
Several institutional investors hold significant positions in Corebridge Financial. Notably, the Cohen & Steers Preferred Securities & Income Fund, Inc. possesses 684,000 shares. Additionally, the Capital Securities Fund Class S maintains 110,000 shares.
Further holdings include the Cohen & Steers Ltd Duration Preferred & Income Fund with 80,000 shares and Iat Reinsurance Co, also holding 80,000 shares. The Cohen & Steers Reit & Preferred Income Fund owns 75,000 shares.
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This article originally appeared on Fintel.
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