Morgan Stanley Direct Lending Fund (MSDL) Projected to Post Earnings on Thursday

by · The Markets Daily

Morgan Stanley Direct Lending Fund (NYSE:MSDL – Get Free Report) is projected to announce its results after the market closes on Thursday, February 26th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $97.3020 million for the quarter.

Morgan Stanley Direct Lending Fund Trading Up 0.3%

NYSE:MSDL opened at $15.37 on Wednesday. Morgan Stanley Direct Lending Fund has a 12 month low of $14.81 and a 12 month high of $21.00. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 9.32 and a beta of 0.26. The firm has a fifty day simple moving average of $16.26 and a two-hundred day simple moving average of $16.87.

Institutional Investors Weigh In On Morgan Stanley Direct Lending Fund

A number of institutional investors and hedge funds have recently bought and sold shares of MSDL. Nebula Research & Development LLC bought a new stake in shares of Morgan Stanley Direct Lending Fund in the 2nd quarter worth $438,000. Entropy Technologies LP bought a new position in shares of Morgan Stanley Direct Lending Fund during the fourth quarter valued at about $481,000. Cetera Investment Advisers boosted its holdings in Morgan Stanley Direct Lending Fund by 83.6% during the second quarter. Cetera Investment Advisers now owns 26,180 shares of the company’s stock worth $490,000 after purchasing an additional 11,923 shares during the last quarter. Virtu Financial LLC purchased a new position in Morgan Stanley Direct Lending Fund during the fourth quarter worth about $523,000. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in Morgan Stanley Direct Lending Fund by 33.4% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 28,845 shares of the company’s stock worth $540,000 after purchasing an additional 7,221 shares in the last quarter.

Analyst Ratings Changes

MSDL has been the subject of several research reports. JPMorgan Chase & Co. raised their target price on Morgan Stanley Direct Lending Fund from $16.00 to $16.50 and gave the company a “neutral” rating in a research note on Monday, November 10th. Keefe, Bruyette & Woods reduced their price objective on Morgan Stanley Direct Lending Fund from $20.00 to $18.50 and set a “market perform” rating for the company in a research note on Monday, November 10th. Zacks Research upgraded Morgan Stanley Direct Lending Fund from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 12th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $18.00 target price (down from $19.00) on shares of Morgan Stanley Direct Lending Fund in a report on Wednesday, November 26th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $16.00 price target (down from $17.00) on shares of Morgan Stanley Direct Lending Fund in a research report on Wednesday, January 7th. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $17.58.

Get Our Latest Stock Analysis on MSDL

Morgan Stanley Direct Lending Fund Company Profile

(Get Free Report)

Morgan Stanley Direct Lending Fund (NYSE: MSDL) is a closed-end management investment company that seeks to provide investors with attractive current income and the potential for capital appreciation. The fund primarily invests in senior secured loans and other debt instruments issued by middle-market companies. By focusing on floating-rate structures, it aims to offer a measure of protection against rising interest rates while generating regular cash distributions.

The fund’s investment strategy centers on building a diversified portfolio of direct lending opportunities across a broad range of industries, including healthcare, business services, and industrials.

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