92,836 Shares in Morgan Stanley Direct Lending (NYSE:MSDL) Purchased by Denali Advisors LLC

Denali Advisors LLC acquired a new position in Morgan Stanley Direct Lending (NYSE:MSDL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 92,836 shares of the company’s stock, valued at approximately $1,918,000.

A number of other institutional investors have also recently bought and sold shares of MSDL. Allworth Financial LP acquired a new stake in shares of Morgan Stanley Direct Lending during the 3rd quarter worth $32,000. Muzinich & Co. Inc. bought a new stake in Morgan Stanley Direct Lending during the third quarter worth about $68,000. Total Clarity Wealth Management Inc. acquired a new stake in Morgan Stanley Direct Lending during the fourth quarter worth about $204,000. Centiva Capital LP bought a new position in Morgan Stanley Direct Lending in the 3rd quarter valued at about $213,000. Finally, Caprock Group LLC acquired a new position in shares of Morgan Stanley Direct Lending in the 3rd quarter valued at approximately $245,000.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company increased their price target on shares of Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Morgan Stanley Direct Lending has an average rating of “Hold” and an average price target of $21.63.

Morgan Stanley Direct Lending Stock Performance

Morgan Stanley Direct Lending stock opened at $20.77 on Thursday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99. The stock has a market cap of $1.84 billion and a PE ratio of 8.15. Morgan Stanley Direct Lending has a 12-month low of $19.05 and a 12-month high of $24.18. The business’s 50-day moving average price is $20.88 and its two-hundred day moving average price is $20.46.

Morgan Stanley Direct Lending Profile

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.