Morgan Stanley Direct Lending (NYSE:MSDL) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in shares of Morgan Stanley Direct Lending (NYSE:MSDL) by 3,509.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,872 shares of the company’s stock after buying an additional 28,072 shares during the period. JPMorgan Chase & Co.’s holdings in Morgan Stanley Direct Lending were worth $571,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in MSDL. Raymond James & Associates increased its position in Morgan Stanley Direct Lending by 377.5% during the third quarter. Raymond James & Associates now owns 123,822 shares of the company’s stock worth $2,449,000 after buying an additional 97,893 shares during the period. Activest Wealth Management acquired a new position in Morgan Stanley Direct Lending during the third quarter worth approximately $1,599,000. ASB Consultores LLC acquired a new position in Morgan Stanley Direct Lending during the third quarter worth approximately $1,589,000. Franklin Resources Inc. acquired a new position in Morgan Stanley Direct Lending during the third quarter worth approximately $1,555,000. Finally, Van ECK Associates Corp increased its position 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 worth $36,192,000 after buying an additional 70,076 shares during the period.

Morgan Stanley Direct Lending Trading Up 1.2 %

MSDL opened at $21.03 on Tuesday. The firm has a market cap of $1.87 billion and a price-to-earnings ratio of 8.25. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99. The business’s 50 day moving average is $20.95 and its two-hundred day moving average is $20.34. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18.

Morgan Stanley Direct Lending (NYSE:MSDL) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. The firm had revenue of $109.75 million for the quarter, compared to analyst estimates of $107.55 million. Morgan Stanley Direct Lending had a net margin of 54.89% and a return on equity of 12.69%. On average, research analysts predict that Morgan Stanley Direct Lending will post 2.56 EPS for the current year.

Morgan Stanley Direct Lending Cuts Dividend

The company also recently announced a — dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, December 31st were issued a $0.10 dividend. This represents a dividend yield of 10.1%. The ex-dividend date of this dividend was Tuesday, December 31st. Morgan Stanley Direct Lending’s payout ratio is 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.