Ieq 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 285,941 shares of the company's stock, valued at approximately $4,798,000. Ieq Capital LLC owned 0.52% of Nuveen Churchill Direct Lending at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NCDL. Farther Finance Advisors LLC increased its holdings in shares of Nuveen Churchill Direct Lending by 119.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company's stock valued at $56,000 after acquiring an additional 1,745 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of Nuveen Churchill Direct Lending by 36.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,496 shares of the company's stock valued at $131,000 after buying an additional 2,009 shares in the last quarter. Catalina Capital Group LLC purchased a new position in shares of Nuveen Churchill Direct Lending in the 3rd quarter worth approximately $182,000. Vestia Personal Wealth Advisors bought a new position in shares of Nuveen Churchill Direct Lending during the 4th quarter worth approximately $184,000. Finally, Entropy Technologies LP purchased a new stake in Nuveen Churchill Direct Lending during the fourth quarter valued at approximately $189,000.
Nuveen Churchill Direct Lending Stock Down 0.4 %
NCDL traded down $0.08 during trading on Friday, hitting $17.73. The stock had a trading volume of 126,418 shares, compared to its average volume of 215,891. The stock has a 50 day simple moving average of $17.02 and a two-hundred day simple moving average of $17.21. The company has a market capitalization of $966.11 million and a PE ratio of 7.58. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.69 and a current ratio of 1.69. Nuveen Churchill Direct Lending Corp. has a twelve month low of $16.00 and a twelve month high of $18.10.
Insider Transactions at Nuveen Churchill Direct Lending
In related news, CEO Kenneth J. Kencel acquired 20,000 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average cost of $17.37 per share, with a total value of $347,400.00. Following the transaction, the chief executive officer now directly owns 20,000 shares of the company's stock, valued at $347,400. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.53% of the company's stock.
Nuveen Churchill Direct Lending Company Profile
(
Free Report)
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.
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