21,427 Shares in Morgan Stanley Direct Lending (NYSE:MSDL) Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Morgan Stanley Direct Lending (NYSE:MSDL) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 21,427 shares of the company’s stock, valued at approximately $443,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Allworth Financial LP purchased a new stake in Morgan Stanley Direct Lending in the 3rd quarter valued at $32,000. Muzinich & Co. Inc. purchased a new stake in shares of Morgan Stanley Direct Lending in the third quarter valued at about $68,000. Centiva Capital LP bought a new position in shares of Morgan Stanley Direct Lending during the third quarter valued at about $213,000. Caprock Group LLC bought a new position in shares of Morgan Stanley Direct Lending during the third quarter valued at about $245,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Morgan Stanley Direct Lending in the 3rd quarter worth about $271,000.

Morgan Stanley Direct Lending Price Performance

Morgan Stanley Direct Lending stock opened at $21.42 on Tuesday. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18. The company’s 50 day moving average price is $20.89 and its two-hundred day moving average price is $20.32. The stock has a market cap of $1.90 billion and a P/E ratio of 8.40. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99.

Morgan Stanley Direct Lending Cuts Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, January 24th. Shareholders of record on Tuesday, December 31st will be given a $0.10 dividend. The ex-dividend date is Tuesday, December 31st. This represents a yield of 10.1%. Morgan Stanley Direct Lending’s dividend payout ratio is currently 78.43%.

Morgan Stanley Direct Lending Company 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.