3,422 Shares in Morgan Stanley Direct Lending (NYSE:MSDL) Purchased by Muzinich & Co. Inc.

Muzinich & Co. Inc. bought a new stake in shares of Morgan Stanley Direct Lending (NYSE:MSDL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,422 shares of the company’s stock, valued at approximately $68,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSDL. Allworth Financial LP acquired a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at $32,000. Quadrature Capital Ltd acquired a new stake in Morgan Stanley Direct Lending in the 1st quarter valued at about $223,000. Virtu Financial LLC bought a new position in shares of Morgan Stanley Direct Lending during the 1st quarter valued at about $223,000. Kingswood Wealth Advisors LLC grew its stake in shares of Morgan Stanley Direct Lending by 64.8% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 30,713 shares of the company’s stock worth $671,000 after purchasing an additional 12,076 shares during the last quarter. Finally, Everpar Advisors LLC bought a new stake in shares of Morgan Stanley Direct Lending in the 3rd quarter worth approximately $377,000.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSDL. Royal Bank of Canada restated an “outperform” rating and set a $22.00 target price on shares of Morgan Stanley Direct Lending in a report on Friday, September 13th. JPMorgan Chase & Co. reduced their price objective on Morgan Stanley Direct Lending from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Monday, July 29th. Finally, Wells Fargo & Company cut their target price on Morgan Stanley Direct Lending from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, July 26th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Morgan Stanley Direct Lending currently has an average rating of “Hold” and an average price target of $21.42.

Morgan Stanley Direct Lending Trading Up 0.6 %

Morgan Stanley Direct Lending stock opened at $20.33 on Friday. The company has a 50 day moving average price of $19.99 and a 200 day moving average price of $20.07. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market capitalization of $1.80 billion and a price-to-earnings ratio of 7.97.

Morgan Stanley Direct Lending Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, December 31st will be paid a $0.10 dividend. This represents a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, December 31st. Morgan Stanley Direct Lending’s payout ratio is 78.43%.

About Morgan Stanley Direct Lending

Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.