Marshall Wace LLP Has $4.05 Million Stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Marshall Wace LLP increased its holdings in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 403.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 241,043 shares of the company's stock after buying an additional 193,188 shares during the quarter. Marshall Wace LLP owned 0.44% of Nuveen Churchill Direct Lending worth $4,045,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Aprio Wealth Management LLC grew its stake in shares of Nuveen Churchill Direct Lending by 104.1% during the fourth quarter. Aprio Wealth Management LLC now owns 111,604 shares of the company's stock worth $1,873,000 after buying an additional 56,916 shares during the last quarter. JPMorgan Chase & Co. raised its position in Nuveen Churchill Direct Lending by 1,045,043.2% in the third quarter. JPMorgan Chase & Co. now owns 386,703 shares of the company's stock valued at $6,736,000 after purchasing an additional 386,666 shares during the last quarter. Procyon Advisors LLC boosted its stake in shares of Nuveen Churchill Direct Lending by 67.6% during the fourth quarter. Procyon Advisors LLC now owns 63,704 shares of the company's stock valued at $1,069,000 after purchasing an additional 25,699 shares in the last quarter. Modera Wealth Management LLC bought a new stake in shares of Nuveen Churchill Direct Lending during the fourth quarter worth about $275,000. Finally, Sei Investments Co. bought a new position in Nuveen Churchill Direct Lending in the 4th quarter valued at approximately $309,000.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NCDL shares. Keefe, Bruyette & Woods dropped their price target on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating for the company in a research note on Tuesday, April 8th. UBS Group reduced their price target on 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. Finally, Wells Fargo & Company decreased 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 research report on Monday.

Nuveen Churchill Direct Lending Trading Down 0.3 %

NCDL traded down $0.06 during trading on Tuesday, hitting $15.85. The company's stock had a trading volume of 100,762 shares, compared to its average volume of 168,628. The firm has a market capitalization of $811.53 million, a P/E ratio of 6.76 and a beta of 0.37. Nuveen Churchill Direct Lending Corp. has a twelve month low of $14.21 and a twelve month high of $18.05. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.10. The stock's fifty day moving average price is $16.52 and its 200-day moving average price is $16.87.

Nuveen Churchill Direct Lending Dividend Announcement

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

About Nuveen Churchill Direct Lending

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.