Dudley Capital Management LLC Acquires 20,473 Shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Dudley Capital Management LLC increased its holdings in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 174.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 32,187 shares of the company’s stock after purchasing an additional 20,473 shares during the period. Dudley Capital Management LLC’s holdings in Nuveen Churchill Direct Lending were worth $540,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NCDL. Bellevue Asset Management LLC purchased a new position in shares of Nuveen Churchill Direct Lending in the fourth quarter worth $28,000. Sunbelt Securities Inc. raised its stake 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 worth $131,000 after acquiring an additional 2,009 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Nuveen Churchill Direct Lending by 72.2% during the 4th quarter. Farther Finance Advisors LLC now owns 5,512 shares of the company’s stock worth $92,000 after acquiring an additional 2,311 shares during the period. Catalina Capital Group LLC grew its stake in Nuveen Churchill Direct Lending by 26.2% during the 4th quarter. Catalina Capital Group LLC now owns 13,184 shares of the company’s stock valued at $221,000 after purchasing an additional 2,735 shares during the last quarter. Finally, Vestia Personal Wealth Advisors acquired a new position in shares of Nuveen Churchill Direct Lending in the fourth quarter valued at about $184,000.

Nuveen Churchill Direct Lending Trading Down 0.4 %

Shares of NYSE:NCDL opened at $17.18 on Tuesday. The business has a 50-day moving average price of $17.25 and a 200-day moving average price of $17.21. The stock has a market cap of $893.00 million, a price-to-earnings ratio of 7.34 and a beta of 0.43. Nuveen Churchill Direct Lending Corp. has a 52-week low of $16.20 and a 52-week high of $18.10. 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 Dividend Announcement

The business also recently declared 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 is Monday, March 31st. Nuveen Churchill Direct Lending’s payout ratio is presently 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.