Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Stock Holdings Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 1,045,043.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 386,703 shares of the company's stock after acquiring an additional 386,666 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.71% of Nuveen Churchill Direct Lending worth $6,736,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NCDL. Confluence Investment Management LLC lifted its holdings in shares of Nuveen Churchill Direct Lending by 0.9% during the 3rd quarter. Confluence Investment Management LLC now owns 118,161 shares of the company's stock worth $2,058,000 after acquiring an additional 1,076 shares during the period. Farther Finance Advisors LLC increased its stake in Nuveen Churchill Direct Lending by 119.8% during the third quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company's stock worth $56,000 after acquiring an additional 1,745 shares during the last quarter. Sunbelt Securities Inc. raised 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 worth $131,000 after purchasing an additional 2,009 shares during the period. Catalina Capital Group LLC purchased a new position in shares of Nuveen Churchill Direct Lending in the 3rd quarter worth about $182,000. Finally, Marshall Wace LLP grew its holdings in shares of Nuveen Churchill Direct Lending by 15.2% during the 2nd quarter. Marshall Wace LLP now owns 79,467 shares of the company's stock worth $1,383,000 after purchasing an additional 10,493 shares during the period.

Insider Activity

In other Nuveen Churchill Direct Lending news, CEO Kenneth J. Kencel bought 20,000 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were acquired at an average cost of $17.37 per share, with a total value of $347,400.00. Following the completion of the transaction, the chief executive officer now owns 20,000 shares in the company, valued at $347,400. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.53% of the company's stock.

Nuveen Churchill Direct Lending Trading Up 2.7 %

NCDL traded up $0.44 on Thursday, reaching $16.81. 321,446 shares of the company's stock were exchanged, compared to its average volume of 352,385. Nuveen Churchill Direct Lending Corp. has a twelve month low of $16.00 and a twelve month high of $18.10. The company's 50 day moving average is $16.98 and its 200-day moving average is $17.26. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.69 and a current ratio of 1.69. The company has a market cap of $915.86 million and a price-to-earnings ratio of 7.18.

Nuveen Churchill Direct Lending Announces Dividend

The business also recently declared a -- dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, December 31st will be given a dividend of $0.10 per share. This represents a yield of 10.5%. The ex-dividend date is Tuesday, December 31st. Nuveen Churchill Direct Lending's dividend payout ratio (DPR) is presently 76.92%.

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.