JPMorgan Chase & Co. lifted its stake in Morgan Stanley Direct Lending (NYSE:MSDL – Free Report) by 3,509.0% in the 3rd quarter, Holdings Channel reports. The firm owned 28,872 shares of the company’s stock after purchasing an additional 28,072 shares during the quarter. JPMorgan Chase & Co.’s holdings in Morgan Stanley Direct Lending were worth $571,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in MSDL. Allworth Financial LP acquired a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at about $32,000. Muzinich & Co. Inc. acquired a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at about $68,000. Centiva Capital LP acquired a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at about $213,000. Caprock Group LLC acquired a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at about $245,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at about $271,000.
Morgan Stanley Direct Lending Stock Performance
Shares of MSDL opened at $21.03 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.99. The stock has a market cap of $1.87 billion and a P/E ratio of 8.25. The company has a 50-day moving average of $20.95 and a two-hundred day moving average of $20.34. Morgan Stanley Direct Lending has a 12-month low of $19.05 and a 12-month high of $24.18.
Morgan Stanley Direct Lending Cuts Dividend
The firm also recently announced a — dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.10 per share. This represents a yield of 10.1%. The ex-dividend date of this dividend was Tuesday, December 31st. Morgan Stanley Direct Lending’s payout ratio is currently 78.43%.
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.
Recommended Stories
- Five stocks we like better than Morgan Stanley Direct Lending
- How to buy stock: A step-by-step guide for beginners
- Sizing Up a New Opportunity for NVIDIA Investors
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Is DeepSeek Challenging NVIDIA’s AI Dominance?
- What is the S&P 500 and How It is Distinct from Other Indexes
- The 3 Biggest M&A Stock Opportunities for 2025
Want to see what other hedge funds are holding MSDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley Direct Lending (NYSE:MSDL – Free Report).
Receive News & Ratings for Morgan Stanley Direct Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley Direct Lending and related companies with MarketBeat.com's FREE daily email newsletter.