12,500 Shares in Morgan Stanley Direct Lending (NYSE:MSDL) Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new stake in Morgan Stanley Direct Lending (NYSE:MSDL) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 12,500 shares of the company’s stock, valued at approximately $258,000.

A number of other institutional investors have also recently modified their holdings of the stock. Van ECK Associates Corp lifted its position in Morgan Stanley Direct Lending by 3.9% during the third quarter. Van ECK Associates Corp now owns 1,850,319 shares of the company’s stock worth $36,192,000 after purchasing an additional 70,076 shares during the period. Raymond James & Associates raised its position in shares of Morgan Stanley Direct Lending by 377.5% in the 3rd quarter. Raymond James & Associates now owns 123,822 shares of the company’s stock valued at $2,449,000 after buying an additional 97,893 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Morgan Stanley Direct Lending during the 4th quarter worth approximately $2,110,000. Shikiar Asset Management Inc. acquired a new stake in shares of Morgan Stanley Direct Lending during the 4th quarter worth approximately $1,780,000. Finally, Activest Wealth Management bought a new position in Morgan Stanley Direct Lending in the third quarter valued at approximately $1,599,000.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company upped their target price on Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $21.58.

Morgan Stanley Direct Lending Price Performance

MSDL stock opened at $20.58 on Wednesday. The stock has a market cap of $1.82 billion and a price-to-earnings ratio of 8.07. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.56 and a quick ratio of 1.56. The company has a 50 day simple moving average of $20.97 and a 200 day simple moving average of $20.40. Morgan Stanley Direct Lending has a 1 year low of $19.05 and a 1 year high of $24.18.

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.