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

Morgan Stanley Direct Lending Fund (NYSE:MSDL) is expected to be announcing 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 0.9%

MSDL opened at $15.79 on Thursday. The stock has a market capitalization of $1.37 billion, a P/E ratio of 9.57 and a beta of 0.26. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.17. Morgan Stanley Direct Lending Fund has a 12 month low of $14.81 and a 12 month high of $21.00. The firm’s fifty day simple moving average is $16.41 and its 200 day simple moving average is $16.96.

Analyst Ratings Changes

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

Institutional Trading of Morgan Stanley Direct Lending Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors increased its holdings in shares of Morgan Stanley Direct Lending Fund by 1.8% during the 2nd quarter. Captrust Financial Advisors now owns 49,345 shares of the company’s stock worth $924,000 after acquiring an additional 880 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Morgan Stanley Direct Lending Fund by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 43,585 shares of the company’s stock worth $761,000 after purchasing an additional 1,021 shares during the period. US Bancorp DE boosted its position in Morgan Stanley Direct Lending Fund by 61.9% during the third quarter. US Bancorp DE now owns 3,707 shares of the company’s stock worth $60,000 after purchasing an additional 1,417 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Morgan Stanley Direct Lending Fund in the third quarter valued at $32,000. Finally, DV Equities LLC bought a new position in shares of Morgan Stanley Direct Lending Fund in the fourth quarter valued at about $41,000.

Morgan Stanley Direct Lending Fund Company Profile

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.