Hennion & Walsh Asset Management Inc. Has $3.55 Million Stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Hennion & Walsh Asset Management Inc. lifted its position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) by 34.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 211,589 shares of the company’s stock after buying an additional 53,786 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.39% of Nuveen Churchill Direct Lending worth $3,550,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Confluence Investment Management LLC lifted its stake in Nuveen Churchill Direct Lending by 0.9% in the third quarter. Confluence Investment Management LLC now owns 118,161 shares of the company’s stock valued at $2,058,000 after buying an additional 1,076 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Nuveen Churchill Direct Lending by 119.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company’s stock valued at $56,000 after acquiring an additional 1,745 shares during the period. Sunbelt Securities Inc. boosted its stake in Nuveen Churchill Direct Lending by 36.6% during the third quarter. Sunbelt Securities Inc. now owns 7,496 shares of the company’s stock worth $131,000 after acquiring an additional 2,009 shares in the last quarter. Catalina Capital Group LLC acquired a new stake in Nuveen Churchill Direct Lending in the third quarter worth $182,000. Finally, Marshall Wace LLP increased its stake in Nuveen Churchill Direct Lending by 15.2% in the second quarter. Marshall Wace LLP now owns 79,467 shares of the company’s stock valued at $1,383,000 after purchasing an additional 10,493 shares in the last quarter.

Nuveen Churchill Direct Lending Price Performance

Shares of NYSE NCDL opened at $16.81 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10. The firm’s 50-day moving average price is $16.96 and its 200-day moving average price is $17.25. The firm has a market capitalization of $915.92 million and a P/E ratio of 7.18. Nuveen Churchill Direct Lending Corp. has a 1-year low of $16.00 and a 1-year high of $18.10.

Nuveen Churchill Direct Lending Announces Dividend

The company also recently declared a — dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Tuesday, December 31st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 10.5%. Nuveen Churchill Direct Lending’s payout ratio is currently 76.92%.

Insider Buying and Selling at Nuveen Churchill Direct Lending

In other news, CEO Kenneth J. Kencel bought 20,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were bought at an average cost of $17.37 per share, with a total value of $347,400.00. Following the completion of the transaction, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at $347,400. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.53% of the company’s stock.

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.