Hennion & Walsh Asset Management Inc. Has $2.75 Million Stock Holdings in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Hennion & Walsh Asset Management Inc. lifted its position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 99.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 157,803 shares of the company's stock after acquiring an additional 78,785 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 0.29% of Nuveen Churchill Direct Lending worth $2,749,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new stake in shares of Nuveen Churchill Direct Lending during the 2nd quarter worth approximately $95,000. Beacon Bridge Wealth Partners LLC bought a new stake in shares of Nuveen Churchill Direct Lending during the 2nd quarter worth approximately $226,000. Mount Yale Investment Advisors LLC bought a new position in Nuveen Churchill Direct Lending in the 2nd quarter valued at approximately $257,000. Aprio Wealth Management LLC bought a new position in Nuveen Churchill Direct Lending in the 2nd quarter valued at approximately $272,000. Finally, Tranquility Partners LLC bought a new position in Nuveen Churchill Direct Lending in the 2nd quarter valued at approximately $277,000.

Nuveen Churchill Direct Lending Trading Up 0.9 %

NYSE NCDL traded up $0.15 on Friday, hitting $17.10. The company's stock had a trading volume of 196,479 shares, compared to its average volume of 62,778. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.03. Nuveen Churchill Direct Lending Corp. has a 1-year low of $16.00 and a 1-year high of $18.10. The company's 50-day moving average is $17.49 and its 200 day moving average is $17.50.

Nuveen Churchill Direct Lending (NYSE:NCDL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.57. Nuveen Churchill Direct Lending had a net margin of 50.23% and a return on equity of 12.70%. The firm had revenue of $55.09 million during the quarter, compared to analysts' expectations of $54.30 million. As a group, equities analysts predict that Nuveen Churchill Direct Lending Corp. will post 2.28 earnings per share for the current year.

Nuveen Churchill Direct Lending Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, September 30th will be given a $0.10 dividend. This represents a yield of 10.3%. The ex-dividend date is Monday, September 30th.

Analyst Ratings Changes

Separately, Wells Fargo & Company dropped their price objective on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set an "equal weight" rating for the company in a research note on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Nuveen Churchill Direct Lending currently has a consensus rating of "Moderate Buy" and a consensus target price of $18.33.

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.