130,629 Shares in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Acquired by Trexquant Investment LP

Trexquant Investment LP acquired a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 130,629 shares of the company's stock, valued at approximately $2,192,000. Trexquant Investment LP owned approximately 0.24% of Nuveen Churchill Direct Lending as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bellevue Asset Management LLC purchased a new stake in Nuveen Churchill Direct Lending during the 4th quarter valued at $28,000. Farther Finance Advisors LLC increased its stake in shares of Nuveen Churchill Direct Lending by 72.2% during the fourth quarter. Farther Finance Advisors LLC now owns 5,512 shares of the company's stock valued at $92,000 after buying an additional 2,311 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of 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 acquiring an additional 2,009 shares in the last quarter. OneAscent Wealth Management LLC bought a new stake in Nuveen Churchill Direct Lending in the fourth quarter valued at $171,000. Finally, Vestia Personal Wealth Advisors bought a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter valued at about $184,000.

Nuveen Churchill Direct Lending Stock Up 1.1 %

NYSE NCDL traded up $0.17 during trading hours on Monday, reaching $14.82. 34,402 shares of the company's stock traded hands, compared to its average volume of 159,905. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a 50-day simple moving average of $16.97 and a 200 day simple moving average of $17.03. 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 cap of $769.89 million, a PE ratio of 6.33 and a beta of 0.37.

Nuveen Churchill Direct Lending Announces Dividend

The business also recently announced a -- dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be issued a $0.10 dividend. This represents a yield of 10.3%. The ex-dividend date of this dividend is Monday, March 31st. Nuveen Churchill Direct Lending's dividend payout ratio (DPR) is 83.72%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods decreased their target price on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating for the company in a research report on Tuesday, April 8th.

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.