XTX Topco Ltd Purchases New Shares in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

XTX Topco Ltd purchased a new stake in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,245 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Family Office Research LLC acquired a new stake in Nuveen Churchill Direct Lending during the 4th quarter valued at $477,000. Renaissance Technologies LLC boosted its position in Nuveen Churchill Direct Lending by 146.2% in the 4th quarter. Renaissance Technologies LLC now owns 267,900 shares of the company’s stock valued at $4,495,000 after buying an additional 159,100 shares during the last quarter. Cerity Partners LLC bought a new position in Nuveen Churchill Direct Lending in the 4th quarter valued at $228,000. Hurley Capital LLC bought a new position in Nuveen Churchill Direct Lending in the 4th quarter valued at $220,000. Finally, Wells Fargo & Company MN boosted its position in Nuveen Churchill Direct Lending by 2,468.4% in the 4th quarter. Wells Fargo & Company MN now owns 267,709 shares of the company’s stock valued at $4,492,000 after buying an additional 257,286 shares during the last quarter.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Keefe, Bruyette & Woods decreased their price objective on 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, April 8th. UBS Group decreased their price objective on Nuveen Churchill Direct Lending from $18.00 to $16.25 and set a “neutral” rating on the stock in a research report on Thursday, April 17th.

Nuveen Churchill Direct Lending Price Performance

Nuveen Churchill Direct Lending stock opened at $15.94 on Monday. The firm has a market capitalization of $816.40 million, a P/E ratio of 6.81 and a beta of 0.37. Nuveen Churchill Direct Lending Corp. has a 1 year low of $14.21 and a 1 year high of $18.05. The business has a 50-day moving average of $16.55 and a 200-day moving average of $16.89. 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 Dividend Announcement

The business also recently announced a — dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be given a dividend of $0.10 per share. The ex-dividend date is Monday, March 31st. This represents a dividend yield of 10.3%. 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.