Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 119.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,201 shares of the company’s stock after acquiring an additional 1,745 shares during the quarter. Farther Finance Advisors LLC’s holdings in Nuveen Churchill Direct Lending were worth $56,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Opal Wealth Advisors LLC boosted its holdings in shares of Nuveen Churchill Direct Lending by 184.1% in the 3rd quarter. Opal Wealth Advisors LLC now owns 194,638 shares of the company’s stock valued at $3,391,000 after purchasing an additional 126,131 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Nuveen Churchill Direct Lending by 99.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 157,803 shares of the company’s stock valued at $2,749,000 after purchasing an additional 78,785 shares during the last quarter. Confluence Investment Management LLC boosted its holdings in shares of Nuveen Churchill Direct Lending by 13.7% in the 2nd quarter. Confluence Investment Management LLC now owns 117,085 shares of the company’s stock valued at $2,037,000 after purchasing an additional 14,068 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Nuveen Churchill Direct Lending by 15.2% in the 2nd quarter. Marshall Wace LLP now owns 79,467 shares of the company’s stock valued at $1,383,000 after purchasing an additional 10,493 shares during the last quarter. Finally, Aprio Wealth Management LLC boosted its holdings in shares of Nuveen Churchill Direct Lending by 250.2% in the 3rd quarter. Aprio Wealth Management LLC now owns 54,688 shares of the company’s stock valued at $953,000 after purchasing an additional 39,073 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company decreased their price target on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Monday, August 12th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Nuveen Churchill Direct Lending currently has an average rating of “Moderate Buy” and a consensus price target of $18.33.

Nuveen Churchill Direct Lending Stock Performance

Shares of NCDL stock opened at $17.08 on Thursday. The company’s fifty day simple moving average is $17.37 and its 200-day simple moving average is $17.46. Nuveen Churchill Direct Lending Corp. has a 52 week low of $16.00 and a 52 week high of $18.10. The company has a current ratio of 1.69, a quick ratio of 1.21 and a debt-to-equity ratio of 1.10. The company has a market cap of $930.62 million and a PE ratio of 7.29.

Nuveen Churchill Direct Lending Announces Dividend

The company also recently declared a — dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.10 per share. This represents a yield of 10.5%. The ex-dividend date of this dividend is Tuesday, December 31st. Nuveen Churchill Direct Lending’s dividend payout ratio (DPR) is 76.92%.

Nuveen Churchill Direct Lending Company Profile

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.