Morgan Stanley Direct Lending Fund (NYSE:MSDL – Get Free Report) had its target price decreased by stock analysts at Royal Bank Of Canada from $16.00 to $14.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada‘s price target points to a potential upside of 1.08% from the company’s current price.
Several other brokerages also recently commented on MSDL. Raymond James Financial set a $15.00 target price on Morgan Stanley Direct Lending Fund in a research note on Thursday, October 22nd. UBS Group raised Morgan Stanley Direct Lending Fund from a “neutral” rating to a “buy” rating and reduced their target price for the stock from $15.50 to $14.50 in a report on Tuesday. Finally, Keefe, Bruyette & Woods lowered their price target on Morgan Stanley Direct Lending Fund from $16.00 to $15.00 and set a “market perform” rating on the stock in a report on Monday. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Morgan Stanley Direct Lending Fund has an average rating of “Hold” and a consensus target price of $14.50.
Check Out Our Latest Research Report on Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund Stock Down 1.1%
NYSE MSDL traded down $0.15 during mid-day trading on Wednesday, reaching $13.85. The stock had a trading volume of 99,237 shares, compared to its average volume of 643,826. Morgan Stanley Direct Lending Fund has a 1 year low of $12.71 and a 1 year high of $17.91. The stock has a market cap of $1.15 billion, a PE ratio of 276.98 and a beta of 0.56. The company has a fifty day moving average price of $14.01 and a 200 day moving average price of $14.90. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.23 and a quick ratio of 1.71.
Institutional Trading of Morgan Stanley Direct Lending Fund
A number of large investors have recently made changes to their positions in MSDL. Sunbelt Securities Inc. purchased a new position in shares of Morgan Stanley Direct Lending Fund during the first quarter valued at approximately $42,000. State of Alaska Department of Revenue purchased a new stake in Morgan Stanley Direct Lending Fund in the third quarter worth approximately $45,000. Ameritas Advisory Services LLC purchased a new stake in Morgan Stanley Direct Lending Fund in the second quarter worth approximately $51,000. Integrated Wealth Concepts LLC purchased a new stake in Morgan Stanley Direct Lending Fund in the second quarter worth approximately $178,000. Finally, Creekside Partners purchased a new stake in Morgan Stanley Direct Lending Fund in the third quarter worth approximately $245,000.
Morgan Stanley Direct Lending Fund Company Profile
Morgan Stanley Direct Lending Fund is a business development company that provides financing to U.S. middle-market businesses. Its investment strategy focuses primarily on privately originated senior secured loans, including first-lien and unitranche debt, and may include other debt or equity investments. The fund is externally managed by Morgan Stanley Investment Management, drawing on Morgan Stanley’s private credit and direct lending capabilities. It began operations in 2021 and became publicly traded on the New York Stock Exchange in 2024.
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