Nordwand Advisors LLC Acquires Shares of 16,060 Morgan Stanley Direct Lending (NYSE:MSDL)

Nordwand Advisors LLC bought a new stake in shares of Morgan Stanley Direct Lending (NYSE:MSDL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 16,060 shares of the company's stock, valued at approximately $332,000. Morgan Stanley Direct Lending makes up 0.1% of Nordwand Advisors LLC's portfolio, making the stock its 21st biggest position.

Several other large investors also recently bought and sold shares of MSDL. Raymond James Financial Inc. bought a new stake in Morgan Stanley Direct Lending during the fourth quarter worth approximately $3,051,000. Americana Partners LLC bought a new stake in shares of Morgan Stanley Direct Lending in the fourth quarter valued at about $2,819,000. Sumitomo Mitsui Trust Group Inc. bought a new position in Morgan Stanley Direct Lending during the fourth quarter worth about $2,110,000. Muzinich & Co. Inc. raised its stake in shares of Morgan Stanley Direct Lending by 2,953.8% in the fourth quarter. Muzinich & Co. Inc. now owns 104,501 shares of the company's stock valued at $2,159,000 after acquiring an additional 101,079 shares during the last quarter. Finally, Denali Advisors LLC bought a new position in Morgan Stanley Direct Lending in the 4th quarter valued at $1,918,000.

Analysts Set New Price Targets

MSDL has been the subject of several research analyst reports. Royal Bank of Canada reiterated an "outperform" rating and issued a $22.00 price objective on shares of Morgan Stanley Direct Lending in a research report on Tuesday, March 4th. Wells Fargo & Company decreased their price objective on 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. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Morgan Stanley Direct Lending has a consensus rating of "Hold" and an average target price of $21.38.

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Morgan Stanley Direct Lending Trading Down 0.2 %

Shares of MSDL traded down $0.05 during mid-day trading on Tuesday, reaching $20.10. The company's stock had a trading volume of 693,404 shares, compared to its average volume of 679,765. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.99. Morgan Stanley Direct Lending has a 52 week low of $19.28 and a 52 week high of $24.18. The company's fifty day moving average price is $20.75 and its two-hundred day moving average price is $20.48. The stock has a market cap of $1.78 billion, a PE ratio of 7.88 and a beta of 0.65.

Morgan Stanley Direct Lending (NYSE:MSDL - Get Free Report) last posted 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 company had revenue of $103.00 million during the quarter, compared to analysts' expectations of $107.02 million. Morgan Stanley Direct Lending had a return on equity of 12.69% and a net margin of 54.89%. On average, analysts predict that Morgan Stanley Direct Lending will post 2.56 earnings per share for the current fiscal year.

Morgan Stanley Direct Lending Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, March 31st will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 9.95%. The ex-dividend date of this dividend is Monday, March 31st. Morgan Stanley Direct Lending's dividend payout ratio is presently 82.30%.

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.