GraniteShares Advisors LLC Buys Shares of 147,155 Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

GraniteShares Advisors LLC bought a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 147,155 shares of the company’s stock, valued at approximately $2,469,000. Nuveen Churchill Direct Lending makes up approximately 1.6% of GraniteShares Advisors LLC’s holdings, making the stock its 23rd largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Dover Advisors LLC purchased a new position in shares of Nuveen Churchill Direct Lending during the 4th quarter worth approximately $260,000. Ieq Capital LLC purchased a new position in shares of Nuveen Churchill Direct Lending during the 4th quarter worth approximately $4,798,000. Hudson Value Partners LLC increased its stake in shares of Nuveen Churchill Direct Lending by 98.8% during the 4th quarter. Hudson Value Partners LLC now owns 42,954 shares of the company’s stock worth $721,000 after purchasing an additional 21,345 shares in the last quarter. Tranquility Partners LLC increased its stake in shares of Nuveen Churchill Direct Lending by 67.3% during the 4th quarter. Tranquility Partners LLC now owns 81,914 shares of the company’s stock worth $1,375,000 after purchasing an additional 32,954 shares in the last quarter. Finally, Opal Wealth Advisors LLC increased its stake in shares of Nuveen Churchill Direct Lending by 105.6% during the 4th quarter. Opal Wealth Advisors LLC now owns 400,231 shares of the company’s stock worth $6,716,000 after purchasing an additional 205,593 shares in the last quarter.

Insider Transactions at Nuveen Churchill Direct Lending

In other news, CEO Kenneth J. Kencel bought 20,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average price of $17.37 per share, for a total transaction of $347,400.00. Following the completion of the transaction, the chief executive officer now owns 20,000 shares in the company, valued at $347,400. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.53% of the company’s stock.

Nuveen Churchill Direct Lending Trading Up 1.5 %

Shares of NCDL opened at $17.74 on Wednesday. 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 $17.05 and a 200-day simple moving average of $17.21. Nuveen Churchill Direct Lending Corp. has a 1-year low of $16.00 and a 1-year high of $18.10. The stock has a market cap of $966.58 million and a price-to-earnings ratio of 7.58.

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.