Opal Wealth Advisors LLC boosted its position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 105.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 400,231 shares of the company's stock after buying an additional 205,593 shares during the quarter. Nuveen Churchill Direct Lending makes up 2.0% of Opal Wealth Advisors LLC's holdings, making the stock its 12th biggest position. Opal Wealth Advisors LLC owned about 0.73% of Nuveen Churchill Direct Lending worth $6,716,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings 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 valued at $56,000 after purchasing an additional 1,745 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in Nuveen Churchill Direct Lending by 36.6% during the third quarter. Sunbelt Securities Inc. now owns 7,496 shares of the company's stock valued at $131,000 after purchasing an additional 2,009 shares in the last quarter. Catalina Capital Group LLC purchased a new position in Nuveen Churchill Direct Lending during the third quarter valued at $182,000. Vestia Personal Wealth Advisors purchased a new position in Nuveen Churchill Direct Lending during the fourth quarter valued at $184,000. Finally, Entropy Technologies LP purchased a new position in Nuveen Churchill Direct Lending during the fourth quarter valued at $189,000.
Nuveen Churchill Direct Lending Price Performance
NCDL traded up $0.15 during midday trading on Thursday, hitting $17.48. 187,458 shares of the company traded hands, compared to its average volume of 267,271. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $952.21 million and a price-to-earnings ratio of 7.47. Nuveen Churchill Direct Lending Corp. has a 52-week low of $16.00 and a 52-week high of $18.10. The business has a 50 day simple moving average of $16.97 and a two-hundred day simple moving average of $17.19.
Insider Transactions at Nuveen Churchill Direct Lending
In other news, CEO Kenneth J. Kencel bought 20,000 shares of Nuveen Churchill Direct Lending stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of $17.37 per share, with a total value of $347,400.00. Following the completion of the purchase, the chief executive officer now directly owns 20,000 shares of the company's stock, valued at approximately $347,400. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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.
Further Reading

Before you consider Nuveen Churchill Direct Lending, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen Churchill Direct Lending wasn't on the list.
While Nuveen Churchill Direct Lending currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.