Morgan Stanley Direct Lending (NYSE:MSDL) Shares Acquired by Muzinich & Co. Inc.

Muzinich & Co. Inc. increased its position in shares of Morgan Stanley Direct Lending (NYSE:MSDL) by 2,953.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 104,501 shares of the company’s stock after buying an additional 101,079 shares during the period. Morgan Stanley Direct Lending makes up about 1.4% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 19th biggest position. Muzinich & Co. Inc.’s holdings in Morgan Stanley Direct Lending were worth $2,159,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Denali Advisors LLC purchased a new stake in shares of Morgan Stanley Direct Lending during the fourth quarter worth about $1,918,000. Truist Financial Corp grew its position in shares of Morgan Stanley Direct Lending by 48.0% during the fourth quarter. Truist Financial Corp now owns 27,228 shares of the company’s stock worth $563,000 after buying an additional 8,830 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Morgan Stanley Direct Lending in the fourth quarter worth $286,000. Americana Partners LLC acquired a new stake in Morgan Stanley Direct Lending in the fourth quarter valued at $2,819,000. Finally, Van ECK Associates Corp grew its holdings in Morgan Stanley Direct Lending by 3.9% during the 4th quarter. Van ECK Associates Corp now owns 1,922,174 shares of the company’s stock worth $39,712,000 after acquiring an additional 71,855 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company lifted their price target on Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Morgan Stanley Direct Lending currently has an average rating of “Hold” and a consensus price target of $21.63.

Morgan Stanley Direct Lending Stock Performance

Shares of MSDL stock opened at $20.77 on Thursday. The company has a market cap of $1.84 billion and a P/E ratio of 8.15. The business has a 50 day moving average of $20.88 and a two-hundred day moving average of $20.46. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99.

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.