Entropy Technologies LP acquired a new stake in Morgan Stanley Direct Lending (NYSE:MSDL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,985 shares of the company's stock, valued at approximately $392,000.
Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in Morgan Stanley Direct Lending in the third quarter valued at $32,000. Muzinich & Co. Inc. acquired a new position in Morgan Stanley Direct Lending in the third quarter valued at $68,000. Total Clarity Wealth Management Inc. acquired a new position in Morgan Stanley Direct Lending in the fourth quarter valued at $204,000. Centiva Capital LP acquired a new position in Morgan Stanley Direct Lending in the third quarter valued at $213,000. Finally, Caprock Group LLC acquired a new position in Morgan Stanley Direct Lending in the third quarter valued at $245,000.
Morgan Stanley Direct Lending Stock Performance
Shares of Morgan Stanley Direct Lending stock traded up $0.21 on Friday, reaching $20.87. 445,813 shares of the stock were exchanged, compared to its average volume of 686,374. Morgan Stanley Direct Lending has a 1-year low of $19.05 and a 1-year high of $24.18. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average price of $20.93 and a two-hundred day moving average price of $20.42. The firm has a market capitalization of $1.85 billion and a PE ratio of 8.18.
Analyst Ratings Changes
Separately, Wells Fargo & Company lifted their price objective on shares of Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 29th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $21.58.
Get Our Latest Report on MSDL
About Morgan Stanley Direct Lending
(
Free Report)
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.
Featured Articles
Before you consider Morgan Stanley Direct Lending, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Stanley Direct Lending wasn't on the list.
While Morgan Stanley Direct Lending currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
