Dudley Capital Management LLC Raises Position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Dudley Capital Management LLC boosted its position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 174.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,187 shares of the company’s stock after purchasing an additional 20,473 shares during the period. Dudley Capital Management LLC owned about 0.06% of Nuveen Churchill Direct Lending worth $540,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NCDL. Bellevue Asset Management LLC bought a new position in Nuveen Churchill Direct Lending in the 4th quarter valued at $28,000. Farther Finance Advisors LLC grew its stake in Nuveen Churchill Direct Lending by 72.2% in the fourth quarter. Farther Finance Advisors LLC now owns 5,512 shares of the company’s stock worth $92,000 after purchasing an additional 2,311 shares during the period. Sunbelt Securities Inc. raised its holdings in Nuveen Churchill Direct Lending by 36.6% in the third quarter. Sunbelt Securities Inc. now owns 7,496 shares of the company’s stock worth $131,000 after purchasing an additional 2,009 shares in the last quarter. Vestia Personal Wealth Advisors purchased a new position in Nuveen Churchill Direct Lending during the fourth quarter valued at $184,000. Finally, Entropy Technologies LP bought a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter valued at $189,000.

Nuveen Churchill Direct Lending Stock Down 0.4 %

Shares of Nuveen Churchill Direct Lending stock opened at $17.18 on Tuesday. Nuveen Churchill Direct Lending Corp. has a 1 year low of $16.20 and a 1 year high of $18.10. The firm has a market cap of $893.00 million, a price-to-earnings ratio of 7.34 and a beta of 0.43. The company has a 50-day moving average of $17.25 and a 200 day moving average of $17.21. 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 Dividend Announcement

The firm also recently announced a — dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, March 31st. This represents a dividend yield of 10.3%. Nuveen Churchill Direct Lending’s payout ratio 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.