Aprio Wealth Management LLC lifted its holdings in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 104.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,604 shares of the company's stock after acquiring an additional 56,916 shares during the quarter. Aprio Wealth Management LLC owned 0.20% of Nuveen Churchill Direct Lending worth $1,873,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in NCDL. Acadian Asset Management LLC purchased a new position in Nuveen Churchill Direct Lending during the second quarter worth about $871,000. Renaissance Technologies LLC purchased a new stake in shares of Nuveen Churchill Direct Lending in the 2nd quarter valued at $543,000. Mount Yale Investment Advisors LLC purchased a new stake in Nuveen Churchill Direct Lending during the second quarter valued at about $257,000. Marshall Wace LLP grew its position in 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 acquiring an additional 10,493 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Nuveen Churchill Direct Lending in the second quarter worth $95,000.
Nuveen Churchill Direct Lending Trading Down 0.5 %
NCDL traded down $0.08 during midday trading on Monday, reaching $16.24. 417,869 shares of the company's stock traded hands, compared to its average volume of 342,053. The firm has a fifty day moving average of $17.00 and a two-hundred day moving average of $17.27. Nuveen Churchill Direct Lending Corp. has a 52 week low of $16.00 and a 52 week high of $18.10. The stock has a market capitalization of $884.85 million and a price-to-earnings ratio of 6.94. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.69 and a quick ratio of 1.69.
Nuveen Churchill Direct Lending Announces Dividend
The firm also recently declared a -- dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, December 31st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 10.5%. Nuveen Churchill Direct Lending's payout ratio is 76.92%.
Insider Buying and Selling at Nuveen Churchill Direct Lending
In other news, CEO Kenneth J. Kencel acquired 20,000 shares of Nuveen Churchill Direct Lending stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average price of $17.35 per share, for a total transaction of $347,000.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at $173,500. The trade was a -200.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.53% of the company's stock.
Nuveen Churchill Direct Lending 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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