Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Shares Sold by Stifel Financial Corp

Stifel Financial Corp decreased its holdings in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 507,447 shares of the company’s stock after selling 26,047 shares during the period. Stifel Financial Corp owned approximately 0.93% of Nuveen Churchill Direct Lending worth $8,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC acquired a new position in Nuveen Churchill Direct Lending during the 4th quarter worth approximately $48,000. Marshall Wace LLP grew its holdings in shares of Nuveen Churchill Direct Lending by 403.7% in the 4th quarter. Marshall Wace LLP now owns 241,043 shares of the company’s stock worth $4,045,000 after acquiring an additional 193,188 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Nuveen Churchill Direct Lending by 680.1% in the 4th quarter. NewEdge Advisors LLC now owns 3,300 shares of the company’s stock worth $55,000 after acquiring an additional 2,877 shares during the period. XTX Topco Ltd acquired a new stake in shares of Nuveen Churchill Direct Lending in the 4th quarter worth approximately $205,000. Finally, Family Office Research LLC acquired a new stake in shares of Nuveen Churchill Direct Lending in the 4th quarter worth approximately $477,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods lowered their price target on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a “market perform” rating on the stock in a report on Tuesday, April 8th. UBS Group lowered their price target on Nuveen Churchill Direct Lending from $18.00 to $16.25 and set a “neutral” rating on the stock in a report on Thursday, April 17th.

Nuveen Churchill Direct Lending Price Performance

NCDL stock opened at $15.94 on Monday. Nuveen Churchill Direct Lending Corp. has a 1 year low of $14.21 and a 1 year high of $18.05. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.69 and a current ratio of 1.69. The stock’s 50 day moving average price is $16.55 and its 200 day moving average price is $16.89. The firm has a market cap of $816.40 million, a P/E ratio of 6.81 and a beta of 0.37.

Nuveen Churchill Direct Lending Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be paid a $0.10 dividend. This represents a yield of 10.3%. The ex-dividend date of this dividend is Monday, March 31st. Nuveen Churchill Direct Lending’s payout ratio is currently 83.72%.

Nuveen Churchill Direct Lending 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.