Corient Private Wealth LLC Increases Holdings in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Corient Private Wealth LLC grew its stake in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 9.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,712,348 shares of the company's stock after acquiring an additional 234,395 shares during the period. Corient Private Wealth LLC owned 4.98% of Nuveen Churchill Direct Lending worth $45,513,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of Nuveen Churchill Direct Lending by 1,045,043.2% in the third quarter. JPMorgan Chase & Co. now owns 386,703 shares of the company's stock worth $6,736,000 after buying an additional 386,666 shares in the last quarter. Ieq Capital LLC purchased a new stake in shares of Nuveen Churchill Direct Lending in the fourth quarter worth $4,798,000. Opal Wealth Advisors LLC boosted its stake in Nuveen Churchill Direct Lending by 105.6% during the fourth quarter. Opal Wealth Advisors LLC now owns 400,231 shares of the company's stock valued at $6,716,000 after buying an additional 205,593 shares during the period. GraniteShares Advisors LLC bought a new position in Nuveen Churchill Direct Lending in the 4th quarter worth about $2,469,000. Finally, Aprio Wealth Management LLC raised its holdings in shares of Nuveen Churchill Direct Lending by 104.1% in the 4th quarter. Aprio Wealth Management LLC now owns 111,604 shares of the company's stock valued at $1,873,000 after acquiring an additional 56,916 shares in the last quarter.

Nuveen Churchill Direct Lending Price Performance

Shares of NYSE NCDL traded down $0.07 during midday trading on Friday, hitting $17.28. 237,588 shares of the company's stock were exchanged, compared to its average volume of 141,001. The business's fifty day moving average price is $17.22 and its two-hundred day moving average price is $17.22. The company has a market cap of $897.73 million, a price-to-earnings ratio of 7.38 and a beta of 0.43. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10. Nuveen Churchill Direct Lending Corp. has a 12-month low of $16.20 and a 12-month high of $18.10.

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Nuveen Churchill Direct Lending Dividend Announcement

The business also recently disclosed a -- dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be given a dividend of $0.10 per share. This represents a dividend yield of 10.3%. The ex-dividend date is Monday, March 31st. Nuveen Churchill Direct Lending's dividend payout ratio (DPR) is currently 83.72%.

Nuveen Churchill Direct Lending Company Profile

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.