Black Swift Group LLC Purchases Shares of 24,470 Morgan Stanley Direct Lending (NYSE:MSDL)

Black Swift Group LLC bought a new position in shares of Morgan Stanley Direct Lending (NYSE:MSDL - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 24,470 shares of the company's stock, valued at approximately $506,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Morgan Stanley Direct Lending during the 4th quarter worth $3,051,000. Americana Partners LLC bought a new stake in shares of Morgan Stanley Direct Lending in the fourth quarter worth about $2,819,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Morgan Stanley Direct Lending during the fourth quarter worth about $2,110,000. Muzinich & Co. Inc. lifted its holdings in shares of Morgan Stanley Direct Lending by 2,953.8% during the 4th quarter. Muzinich & Co. Inc. now owns 104,501 shares of the company's stock valued at $2,159,000 after purchasing an additional 101,079 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Morgan Stanley Direct Lending by 377.5% during the 3rd quarter. Raymond James & Associates now owns 123,822 shares of the company's stock valued at $2,449,000 after purchasing an additional 97,893 shares in the last quarter.

Analyst Ratings Changes

Several analysts have commented on MSDL shares. Wells Fargo & Company dropped their target price on shares of Morgan Stanley Direct Lending from $21.00 to $20.00 and set an "equal weight" rating on the stock in a report on Monday, March 3rd. Royal Bank of Canada reissued an "outperform" rating and set a $22.00 price objective on shares of Morgan Stanley Direct Lending in a research report on Tuesday, March 4th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $21.38.

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Morgan Stanley Direct Lending Stock Down 0.5 %

Shares of NYSE:MSDL traded down $0.10 during mid-day trading on Monday, reaching $20.14. 597,986 shares of the stock were exchanged, compared to its average volume of 679,464. The stock's 50 day simple moving average is $20.78 and its 200-day simple moving average is $20.48. Morgan Stanley Direct Lending has a one year low of $19.28 and a one year high of $24.18. The company has a market cap of $1.78 billion, a P/E ratio of 7.90 and a beta of 0.65. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99.

Morgan Stanley Direct Lending (NYSE:MSDL - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.06). The business had revenue of $103.00 million for the quarter, compared to the consensus estimate of $107.02 million. Morgan Stanley Direct Lending had a return on equity of 12.69% and a net margin of 54.89%. As a group, equities research analysts predict that Morgan Stanley Direct Lending will post 2.56 EPS for the current year.

Morgan Stanley Direct Lending Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, March 31st will be given a dividend of $0.50 per share. The ex-dividend date is Monday, March 31st. This represents a $2.00 annualized dividend and a yield of 9.93%. Morgan Stanley Direct Lending's dividend payout ratio (DPR) is presently 82.30%.

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.