Nuveen Churchill Direct Lending (NYSE:NCDL - Get Free Report) had its price objective cut by research analysts at Keefe, Bruyette & Woods from $18.00 to $17.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has a "market perform" rating on the stock. Keefe, Bruyette & Woods' price target suggests a potential upside of 16.22% from the stock's current price.
Nuveen Churchill Direct Lending Price Performance
Shares of Nuveen Churchill Direct Lending stock traded down $0.04 on Tuesday, reaching $14.63. The company's stock had a trading volume of 322,169 shares, compared to its average volume of 159,815. 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 company has a market capitalization of $760.17 million, a P/E ratio of 6.25 and a beta of 0.37. The stock has a 50-day moving average price of $16.97 and a 200-day moving average price of $17.04. Nuveen Churchill Direct Lending has a 52-week low of $14.21 and a 52-week high of $18.05.
Institutional Trading of Nuveen Churchill Direct Lending
Institutional investors and hedge funds have recently modified their holdings of the stock. Bellevue Asset Management LLC acquired a new stake in Nuveen Churchill Direct Lending in the 4th quarter worth about $28,000. Tower Research Capital LLC TRC purchased a new stake in shares of Nuveen Churchill Direct Lending during the fourth quarter worth approximately $48,000. NewEdge Advisors LLC raised its stake in Nuveen Churchill Direct Lending by 680.1% in the 4th quarter. NewEdge Advisors LLC now owns 3,300 shares of the company's stock valued at $55,000 after purchasing an additional 2,877 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Nuveen Churchill Direct Lending by 72.2% in the 4th quarter. Farther Finance Advisors LLC now owns 5,512 shares of the company's stock valued at $92,000 after purchasing an additional 2,311 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in Nuveen Churchill Direct Lending by 36.6% during 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 last quarter.
Nuveen Churchill Direct Lending Company Profile
(
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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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