Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Shares Purchased by Dudley Capital Management LLC

Dudley Capital Management LLC boosted its stake in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 174.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 32,187 shares of the company's stock after acquiring an additional 20,473 shares during the period. Dudley Capital Management LLC owned about 0.06% of Nuveen Churchill Direct Lending worth $540,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of Nuveen Churchill Direct Lending by 1,045,043.2% during the third quarter. JPMorgan Chase & Co. now owns 386,703 shares of the company's stock worth $6,736,000 after purchasing an additional 386,666 shares in the last quarter. Ieq Capital LLC acquired a new stake in shares of Nuveen Churchill Direct Lending in the fourth quarter valued at about $4,798,000. Corient Private Wealth LLC lifted its stake in shares of Nuveen Churchill Direct Lending by 9.5% in the fourth quarter. Corient Private Wealth LLC now owns 2,712,348 shares of the company's stock worth $45,513,000 after buying an additional 234,395 shares in the last quarter. Opal Wealth Advisors LLC boosted its position 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 worth $6,716,000 after acquiring an additional 205,593 shares during the last quarter. Finally, GraniteShares Advisors LLC purchased a new stake in Nuveen Churchill Direct Lending during the 4th quarter valued at about $2,469,000.

Nuveen Churchill Direct Lending Price Performance

NCDL traded down $0.15 during trading on Friday, reaching $17.31. The company's stock had a trading volume of 369,971 shares, compared to its average volume of 145,672. The company has a market cap of $899.76 million, a price-to-earnings ratio of 7.40 and a beta of 0.43. The firm has a fifty day simple moving average of $17.32 and a two-hundred day simple moving average of $17.21. Nuveen Churchill Direct Lending Corp. has a 1 year low of $16.20 and a 1 year high of $18.10. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.10.

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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. Shareholders of record on Monday, March 31st will be paid a dividend of $0.10 per share. This represents a yield of 10.3%. The ex-dividend date of this dividend is Monday, March 31st. Nuveen Churchill Direct Lending's dividend payout ratio (DPR) is currently 83.72%.

Nuveen Churchill Direct Lending 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.