EntryPoint Capital LLC Makes New $477,000 Investment in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

EntryPoint Capital LLC acquired a new position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 28,416 shares of the company's stock, valued at approximately $477,000. EntryPoint Capital LLC owned 0.05% of Nuveen Churchill Direct Lending at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in NCDL. Dudley Capital Management LLC boosted its position in Nuveen Churchill Direct Lending by 174.8% during the fourth quarter. Dudley Capital Management LLC now owns 32,187 shares of the company's stock valued at $540,000 after purchasing an additional 20,473 shares in the last quarter. LPL Financial LLC purchased a new position in Nuveen Churchill Direct Lending in the fourth quarter worth $345,000. Sei Investments Co. acquired a new position in shares of Nuveen Churchill Direct Lending during the fourth quarter worth $309,000. Magnetar Financial LLC purchased a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter valued at $535,000. Finally, Corient Private Wealth LLC boosted its position in shares of Nuveen Churchill Direct Lending by 9.5% in the 4th quarter. Corient Private Wealth LLC now owns 2,712,348 shares of the company's stock worth $45,513,000 after purchasing an additional 234,395 shares in the last quarter.

Nuveen Churchill Direct Lending Stock Performance

Shares of NYSE:NCDL traded down $0.15 during trading on Friday, hitting $17.31. The stock had a trading volume of 369,971 shares, compared to its average volume of 145,672. The stock has a 50-day simple moving average of $17.32 and a two-hundred day simple moving average of $17.21. The stock has a market capitalization of $899.76 million, a price-to-earnings ratio of 7.40 and a beta of 0.43. Nuveen Churchill Direct Lending Corp. has a 12-month low of $16.20 and a 12-month 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 Announces Dividend

The firm 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 is Monday, March 31st. Nuveen Churchill Direct Lending's payout ratio is 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.