Marshall Wace LLP Buys 193,188 Shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Marshall Wace LLP grew its stake in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 403.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 241,043 shares of the company's stock after purchasing an additional 193,188 shares during the quarter. Marshall Wace LLP owned approximately 0.44% of Nuveen Churchill Direct Lending worth $4,045,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NCDL. Bellevue Asset Management LLC purchased a new position in shares of Nuveen Churchill Direct Lending during the fourth quarter valued at approximately $28,000. NewEdge Advisors LLC increased its position in Nuveen Churchill Direct Lending by 680.1% during the 4th quarter. NewEdge Advisors LLC now owns 3,300 shares of the company's stock valued at $55,000 after purchasing an additional 2,877 shares during the period. Farther Finance Advisors LLC raised its holdings in Nuveen Churchill Direct Lending by 72.2% in the 4th 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 in the last quarter. OneAscent Wealth Management LLC purchased a new stake in shares of Nuveen Churchill Direct Lending in the 4th quarter worth about $171,000. Finally, Vestia Personal Wealth Advisors bought a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter valued at about $184,000.

Nuveen Churchill Direct Lending Stock Down 0.1 %

Shares of NYSE NCDL traded down $0.02 during trading on Wednesday, reaching $15.76. The company had a trading volume of 137,171 shares, compared to its average volume of 169,723. Nuveen Churchill Direct Lending Corp. has a 12-month low of $14.21 and a 12-month high of $18.05. The business's 50-day moving average is $16.44 and its 200 day moving average is $16.86. The stock has a market cap of $807.18 million, a PE ratio of 6.74 and a beta of 0.37. 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 Dividend Announcement

The company also recently declared a -- dividend, which was paid on Monday, April 28th. Stockholders of record on Monday, March 31st were issued a dividend of $0.10 per share. This represents a dividend yield of 10.3%. The ex-dividend date was Monday, March 31st. Nuveen Churchill Direct Lending's payout ratio is 83.72%.

Analyst Upgrades and Downgrades

NCDL has been the subject of a number of research reports. Keefe, Bruyette & Woods decreased their price target on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating for the company in a research note on Tuesday, April 8th. UBS Group lowered their target price on Nuveen Churchill Direct Lending from $18.00 to $16.25 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Finally, Wells Fargo & Company reduced their price target on Nuveen Churchill Direct Lending from $17.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Monday.

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.