Opal Wealth Advisors LLC Invests $312,000 in Morgan Stanley Direct Lending (NYSE:MSDL)

Opal Wealth Advisors LLC bought a new stake in Morgan Stanley Direct Lending (NYSE:MSDL) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 15,105 shares of the company’s stock, valued at approximately $312,000.

Several other institutional investors have also recently bought and sold shares of the company. Van ECK Associates Corp raised its holdings in shares of Morgan Stanley Direct Lending by 3.9% in the third quarter. Van ECK Associates Corp now owns 1,850,319 shares of the company’s stock valued at $36,192,000 after purchasing an additional 70,076 shares during the last quarter. Activest Wealth Management increased its stake in Morgan Stanley Direct Lending by 102.9% in the 4th quarter. Activest Wealth Management now owns 164,060 shares of the company’s stock valued at $3,389,000 after buying an additional 83,217 shares during the last quarter. Raymond James & Associates lifted its position in Morgan Stanley Direct Lending by 377.5% during the 3rd quarter. Raymond James & Associates now owns 123,822 shares of the company’s stock worth $2,449,000 after buying an additional 97,893 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new stake in Morgan Stanley Direct Lending during the 4th quarter worth about $2,110,000. Finally, Shikiar Asset Management Inc. acquired a new position in shares of Morgan Stanley Direct Lending during the 4th quarter worth about $1,780,000.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company upped their target price on Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $21.58.

Morgan Stanley Direct Lending Trading Down 0.5 %

Shares of NYSE:MSDL opened at $20.66 on Monday. Morgan Stanley Direct Lending has a 52-week low of $19.05 and a 52-week high of $24.18. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $1.83 billion and a P/E ratio of 8.10. The company has a 50-day simple moving average of $20.98 and a 200 day simple moving average of $20.40.

Morgan Stanley Direct Lending (NYSE:MSDL) last released its quarterly earnings data 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 company had revenue of $109.75 million during 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%. Sell-side analysts forecast that Morgan Stanley Direct Lending will post 2.56 earnings per share for the current 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.