World Investment Advisors Has $727,000 Position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

World Investment Advisors raised its stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL - Free Report) by 129.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,297 shares of the company's stock after acquiring an additional 24,448 shares during the quarter. World Investment Advisors owned about 0.08% of Nuveen Churchill Direct Lending worth $727,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Aprio Wealth Management LLC lifted its holdings in shares of Nuveen Churchill Direct Lending by 104.1% during the fourth quarter. Aprio Wealth Management LLC now owns 111,604 shares of the company's stock worth $1,873,000 after buying an additional 56,916 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Nuveen Churchill Direct Lending by 1,045,043.2% during the third quarter. JPMorgan Chase & Co. now owns 386,703 shares of the company's stock worth $6,736,000 after buying an additional 386,666 shares in the last quarter. Procyon Advisors LLC grew its stake in Nuveen Churchill Direct Lending by 67.6% during the fourth quarter. Procyon Advisors LLC now owns 63,704 shares of the company's stock worth $1,069,000 after buying an additional 25,699 shares in the last quarter. Modera Wealth Management LLC bought a new position in Nuveen Churchill Direct Lending in the 4th quarter valued at about $275,000. Finally, Dover Advisors LLC acquired a new position in shares of Nuveen Churchill Direct Lending in the 4th quarter valued at approximately $260,000.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods reduced their price target on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating on the stock in a research report on Tuesday.

Nuveen Churchill Direct Lending Price Performance

Shares of NCDL stock traded down $0.04 on Friday, hitting $14.63. 322,169 shares of the company's stock were exchanged, compared to its average volume of 159,815. The company has a 50 day moving average of $16.97 and a 200 day moving average of $17.04. The stock has a market cap of $760.17 million, a P/E ratio of 6.25 and a beta of 0.37. 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 Corp. has a 12 month low of $14.21 and a 12 month high of $18.05.

Nuveen Churchill Direct Lending Announces Dividend

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