Bellevue Asset Management LLC Purchases New Position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Bellevue Asset Management LLC acquired a new position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,661 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NCDL. Wealth Enhancement Advisory Services LLC increased its position in shares of Nuveen Churchill Direct Lending by 82.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,702 shares of the company’s stock worth $831,000 after acquiring an additional 21,611 shares during the period. Farther Finance Advisors LLC increased its position in shares of Nuveen Churchill Direct Lending by 119.8% during the third quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company’s stock worth $56,000 after acquiring an additional 1,745 shares during the period. Catalina Capital Group LLC purchased a new position in shares of Nuveen Churchill Direct Lending during the third quarter worth approximately $182,000. Dudley Capital Management LLC purchased a new position in Nuveen Churchill Direct Lending during the third quarter valued at approximately $204,000. Finally, Confluence Investment Management LLC increased its holdings in Nuveen Churchill Direct Lending by 0.9% during the third quarter. Confluence Investment Management LLC now owns 118,161 shares of the company’s stock valued at $2,058,000 after buying an additional 1,076 shares during the period.

Nuveen Churchill Direct Lending Stock Performance

Shares of NCDL stock opened at $17.21 on Thursday. The firm has a market cap of $937.43 million and a price-to-earnings ratio of 7.35. The company’s 50 day moving average is $17.11 and its 200 day moving average is $17.23. 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 $16.20 and a 52-week high of $18.10.

Nuveen Churchill Direct Lending Dividend Announcement

The company also recently announced a — dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be paid 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 (DPR) is 83.72%.

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.