20,576 Shares in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Acquired by LPL Financial LLC

LPL Financial LLC bought a new position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 20,576 shares of the company's stock, valued at approximately $345,000.

Other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC bought a new position in shares of Nuveen Churchill Direct Lending during the third quarter valued at $328,000. JPMorgan Chase & Co. increased its holdings 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 valued at $6,736,000 after acquiring an additional 386,666 shares in the last quarter. Aprio Wealth Management LLC grew its position in 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 purchasing an additional 56,916 shares during the period. Adams Asset Advisors LLC acquired a new position in shares of Nuveen Churchill Direct Lending during the fourth quarter valued at about $520,000. Finally, Accurate Wealth Management LLC boosted its position in shares of Nuveen Churchill Direct Lending by 348.1% during the fourth quarter. Accurate Wealth Management LLC now owns 66,070 shares of the company's stock valued at $1,078,000 after buying an additional 51,324 shares during the last quarter.

Nuveen Churchill Direct Lending Price Performance

Shares of NYSE:NCDL traded down $0.10 on Tuesday, hitting $15.80. The company's stock had a trading volume of 172,437 shares, compared to its average volume of 169,370. Nuveen Churchill Direct Lending Corp. has a 1 year low of $14.21 and a 1 year high of $18.05. The company has a market capitalization of $809.23 million, a PE ratio of 6.75 and a beta of 0.37. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.69 and a quick ratio of 1.69. The company has a 50-day simple moving average of $16.52 and a 200 day simple moving average of $16.87.

Nuveen Churchill Direct Lending Announces Dividend

The company also recently disclosed a -- dividend, which was paid on Monday, April 28th. Investors of record on Monday, March 31st were issued a dividend of $0.10 per share. The ex-dividend date was Monday, March 31st. This represents a dividend yield of 10.3%. Nuveen Churchill Direct Lending's dividend payout ratio is 83.72%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wells Fargo & Company lowered their target price on shares of Nuveen Churchill Direct Lending from $17.00 to $15.00 and set an "equal weight" rating for the company in a report on Monday. Keefe, Bruyette & Woods decreased their target price on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating for the company in a research report on Tuesday, April 8th. Finally, UBS Group lowered their price target on shares of Nuveen Churchill Direct Lending from $18.00 to $16.25 and set a "neutral" rating on the stock in a research report on Thursday, April 17th.

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.