Sei Investments Co. purchased a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,421 shares of the company's stock, valued at approximately $309,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC raised its position in shares of Nuveen Churchill Direct Lending by 9.5% during the 4th quarter. Corient Private Wealth LLC now owns 2,712,348 shares of the company's stock valued at $45,513,000 after buying an additional 234,395 shares during the period. Opal Wealth Advisors LLC lifted its stake in shares of Nuveen Churchill Direct Lending by 105.6% in the 4th quarter. Opal Wealth Advisors LLC now owns 400,231 shares of the company's stock valued at $6,716,000 after purchasing an additional 205,593 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Nuveen Churchill Direct Lending by 1,045,043.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,703 shares of the company's stock worth $6,736,000 after purchasing an additional 386,666 shares during the period. Ieq Capital LLC acquired a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter worth about $4,798,000. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in Nuveen Churchill Direct Lending by 34.1% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 211,589 shares of the company's stock valued at $3,550,000 after buying an additional 53,786 shares during the period.
Analyst Upgrades and Downgrades
Separately, Keefe, Bruyette & Woods reduced their price target on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 8th.
Read Our Latest Report on Nuveen Churchill Direct Lending
Nuveen Churchill Direct Lending Trading Down 0.1 %
NYSE:NCDL traded down $0.01 on Wednesday, reaching $15.04. 15,722 shares of the company's stock were exchanged, compared to its average volume of 161,530. The business has a fifty day moving average of $16.88 and a 200-day moving average of $17.00. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.10. Nuveen Churchill Direct Lending Corp. has a 52-week low of $14.21 and a 52-week high of $18.05. The firm has a market capitalization of $781.58 million, a price-to-earnings ratio of 6.41 and a beta of 0.37.
Nuveen Churchill Direct Lending Dividend Announcement
The firm also recently declared a -- dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be given a $0.10 dividend. The ex-dividend date is Monday, March 31st. This represents a yield of 10.3%. Nuveen Churchill Direct Lending's dividend payout ratio is presently 83.72%.
About Nuveen Churchill Direct Lending
(
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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