Entropy Technologies LP Purchases Shares of 18,985 Morgan Stanley Direct Lending (NYSE:MSDL)

Entropy Technologies LP purchased a new stake in Morgan Stanley Direct Lending (NYSE:MSDL) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 18,985 shares of the company’s stock, valued at approximately $392,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSDL. Raymond James & Associates lifted its position in shares of Morgan Stanley Direct Lending by 377.5% in the third quarter. Raymond James & Associates now owns 123,822 shares of the company’s stock worth $2,449,000 after purchasing an additional 97,893 shares in the last quarter. Allworth Financial LP acquired a new position in Morgan Stanley Direct Lending during the third quarter valued at approximately $32,000. Van ECK Associates Corp grew its holdings in Morgan Stanley Direct Lending by 3.9% during 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. ASB Consultores LLC acquired a new position in Morgan Stanley Direct Lending during the third quarter valued at approximately $1,589,000. Finally, Confluence Investment Management LLC acquired a new position in Morgan Stanley Direct Lending during the third quarter valued at approximately $510,000.

Analyst Upgrades and Downgrades

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

Morgan Stanley Direct Lending Stock Down 0.7 %

Shares of MSDL stock opened at $20.45 on Thursday. The stock has a market cap of $1.81 billion and a P/E ratio of 8.02. Morgan Stanley Direct Lending has a one year low of $19.05 and a one year high of $24.18. The stock has a fifty day moving average price of $20.96 and a 200 day moving average price of $20.40. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.56 and a quick ratio of 1.56.

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.