Ieq Capital LLC Acquires Shares of 285,941 Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Ieq Capital LLC acquired a new stake in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) during the 4th quarter, Holdings Channel.com reports. The fund acquired 285,941 shares of the company’s stock, valued at approximately $4,798,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Confluence Investment Management LLC grew its holdings in shares of Nuveen Churchill Direct Lending by 0.9% during the third quarter. Confluence Investment Management LLC now owns 118,161 shares of the company’s stock valued at $2,058,000 after purchasing an additional 1,076 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Nuveen Churchill Direct Lending by 119.8% during the third quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company’s stock valued at $56,000 after purchasing an additional 1,745 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in shares of Nuveen Churchill Direct Lending by 36.6% during the third 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 during the last quarter. Catalina Capital Group LLC grew its holdings in shares of Nuveen Churchill Direct Lending by 26.2% during the fourth 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 bought a new position in shares of Nuveen Churchill Direct Lending during the fourth quarter valued at approximately $184,000.

Insider Activity

In other Nuveen Churchill Direct Lending news, CEO Kenneth J. Kencel acquired 20,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was acquired 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 of the company’s stock, valued at $347,400. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.53% of the company’s stock.

Nuveen Churchill Direct Lending Stock Down 0.4 %

NYSE:NCDL opened at $17.73 on Friday. The firm has a market capitalization of $966.11 million and a PE ratio of 7.58. The stock has a 50 day moving average of $17.02 and a 200-day moving average of $17.20. Nuveen Churchill Direct Lending Corp. has a 52 week low of $16.00 and a 52 week high of $18.10. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10.

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.