Opal Wealth Advisors LLC Purchases New Shares in Morgan Stanley Direct Lending (NYSE:MSDL)

Opal Wealth Advisors LLC acquired a new stake in Morgan Stanley Direct Lending (NYSE:MSDL) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,105 shares of the company’s stock, valued at approximately $312,000.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at approximately $32,000. Muzinich & Co. Inc. bought a new stake in shares of Morgan Stanley Direct Lending during the 3rd quarter valued at $68,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of Morgan Stanley Direct Lending during the 4th quarter worth $204,000. Centiva Capital LP acquired a new stake in shares of Morgan Stanley Direct Lending during the 3rd quarter worth $213,000. Finally, Caprock Group LLC bought a new position in shares of Morgan Stanley Direct Lending in the third quarter worth $245,000.

Analyst Ratings Changes

Separately, Wells Fargo & Company upped their price objective 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. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Morgan Stanley Direct Lending presently has a consensus rating of “Hold” and an average price target of $21.58.

Morgan Stanley Direct Lending Trading Down 0.5 %

Shares of MSDL opened at $20.66 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.56 and a current ratio of 1.56. Morgan Stanley Direct Lending has a 52-week low of $19.05 and a 52-week high of $24.18. The firm has a market cap of $1.83 billion and a price-to-earnings ratio of 8.10. The business’s fifty day moving average is $20.98 and its 200-day moving average is $20.40.

Morgan Stanley Direct Lending (NYSE:MSDL) last released its earnings results on Thursday, November 7th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. The firm had revenue of $109.75 million for the quarter, compared to analysts’ expectations of $107.55 million. Morgan Stanley Direct Lending had a return on equity of 12.69% and a net margin of 54.89%. Equities analysts anticipate that Morgan Stanley Direct Lending will post 2.56 EPS for the current fiscal year.

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.