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

Opal Wealth Advisors LLC boosted its holdings in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 105.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 comprises 2.0% of Opal Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Opal Wealth Advisors LLC owned approximately 0.73% of Nuveen Churchill Direct Lending worth $6,716,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Procyon Advisors LLC acquired a new position in Nuveen Churchill Direct Lending during the 3rd quarter worth $662,000. Hennion & Walsh Asset Management Inc. lifted its position in shares of Nuveen Churchill Direct Lending by 99.7% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 157,803 shares of the company’s stock valued at $2,749,000 after acquiring an additional 78,785 shares during the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of Nuveen Churchill Direct Lending by 164.8% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 39,162 shares of the company’s stock valued at $682,000 after acquiring an additional 24,372 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Nuveen Churchill Direct Lending by 82.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,702 shares of the company’s stock worth $831,000 after purchasing an additional 21,611 shares in the last quarter. Finally, Pallas Capital Advisors LLC acquired a new position in Nuveen Churchill Direct Lending in the 3rd quarter worth about $451,000.

Nuveen Churchill Direct Lending Trading Up 0.2 %

Shares of NCDL stock opened at $17.28 on Monday. 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 12 month low of $16.00 and a 12 month high of $18.10. The business’s 50 day moving average is $16.97 and its two-hundred day moving average is $17.19. The company has a market cap of $941.31 million and a PE ratio of 7.38.

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

Insider Buying and Selling at Nuveen Churchill Direct Lending

In other news, CEO Kenneth J. Kencel bought 20,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of $17.37 per share, with a total value of $347,400.00. Following the acquisition, the chief executive officer now directly owns 20,000 shares in the company, valued at $347,400. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.53% of the company’s stock.

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.