Jane Street Group LLC Invests $295,000 in Morgan Stanley Direct Lending (NYSE:MSDL)

Jane Street Group LLC acquired a new position in Morgan Stanley Direct Lending (NYSE:MSDL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,930 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stifel Financial Corp increased its stake in Morgan Stanley Direct Lending by 11.6% in the 3rd quarter. Stifel Financial Corp now owns 38,625 shares of the company’s stock worth $764,000 after buying an additional 4,025 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in Morgan Stanley Direct Lending in the 3rd quarter worth $437,000. HighTower Advisors LLC increased its stake in Morgan Stanley Direct Lending by 4.4% in the 3rd quarter. HighTower Advisors LLC now owns 15,900 shares of the company’s stock worth $315,000 after buying an additional 669 shares in the last quarter. Centiva Capital LP purchased a new stake in Morgan Stanley Direct Lending in the 3rd quarter worth $213,000. Finally, Captrust Financial Advisors purchased a new stake in Morgan Stanley Direct Lending in the 3rd quarter worth $316,000.

Analyst Ratings Changes

Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a $22.00 price target on shares of Morgan Stanley Direct Lending in a research note on Friday, September 13th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, Morgan Stanley Direct Lending has an average rating of “Hold” and a consensus price target of $21.42.

Morgan Stanley Direct Lending Stock Down 0.0 %

MSDL opened at $20.52 on Friday. The firm has a 50-day simple moving average of $20.77 and a two-hundred day simple moving average of $20.26. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18. The company has a market capitalization of $1.82 billion and a PE ratio of 8.05. 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 business also recently disclosed a — dividend, which will be paid on Friday, January 24th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.10 per share. This represents a dividend yield of 10.1%. The ex-dividend date of this dividend is Tuesday, December 31st. Morgan Stanley Direct Lending’s dividend payout ratio (DPR) is presently 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.