Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Shares Acquired by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC lifted its position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 105.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 400,231 shares of the company’s stock after acquiring an additional 205,593 shares during the period. Nuveen Churchill Direct Lending makes up 2.0% of Opal Wealth Advisors LLC’s portfolio, making the stock its 12th largest position. Opal Wealth Advisors LLC’s holdings in Nuveen Churchill Direct Lending were worth $6,716,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in shares of Nuveen Churchill Direct Lending by 119.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company’s stock worth $56,000 after buying an additional 1,745 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in Nuveen Churchill Direct Lending by 36.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,496 shares of the company’s stock valued at $131,000 after purchasing an additional 2,009 shares in the last quarter. Catalina Capital Group LLC purchased a new stake in Nuveen Churchill Direct Lending in the 3rd quarter valued at about $182,000. Vestia Personal Wealth Advisors acquired a new position in shares of Nuveen Churchill Direct Lending in the 4th quarter valued at about $184,000. Finally, Entropy Technologies LP acquired a new stake in Nuveen Churchill Direct Lending in the fourth quarter valued at approximately $189,000.

Insider Buying and Selling at Nuveen Churchill Direct Lending

In other Nuveen Churchill Direct Lending news, CEO Kenneth J. Kencel acquired 20,000 shares of Nuveen Churchill Direct Lending stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average cost of $17.37 per share, with a total value of $347,400.00. Following the purchase, the chief executive officer now owns 20,000 shares in the company, valued at approximately $347,400. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.53% of the stock is owned by corporate insiders.

Nuveen Churchill Direct Lending Stock Performance

Shares of NCDL opened at $17.28 on Monday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.69 and a quick ratio of 1.69. Nuveen Churchill Direct Lending Corp. has a 12-month low of $16.00 and a 12-month high of $18.10. The business’s fifty day moving average price is $16.97 and its 200 day moving average price is $17.19. The stock has a market capitalization of $941.31 million and a PE ratio of 7.38.

Nuveen Churchill Direct Lending (NYSE:NCDL) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. Nuveen Churchill Direct Lending had a return on equity of 12.72% and a net margin of 53.56%. The company had revenue of $60.28 million during the quarter, compared to analysts’ expectations of $58.40 million. Equities research analysts forecast that Nuveen Churchill Direct Lending Corp. will post 2.28 EPS for the current year.

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.