Magnetar Financial LLC Makes New Investment in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Magnetar Financial LLC purchased a new position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 31,859 shares of the company’s stock, valued at approximately $535,000. Magnetar Financial LLC owned about 0.06% of Nuveen Churchill Direct Lending as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NCDL. Bellevue Asset Management LLC acquired a new position in shares of Nuveen Churchill Direct Lending during the 4th quarter worth approximately $28,000. Farther Finance Advisors LLC increased its position in shares of Nuveen Churchill Direct Lending by 72.2% during 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 during the last quarter. Sunbelt Securities Inc. increased its position in shares of Nuveen Churchill Direct Lending by 36.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,496 shares of the company’s stock worth $131,000 after purchasing an additional 2,009 shares during the last quarter. Vestia Personal Wealth Advisors acquired a new position in shares of Nuveen Churchill Direct Lending during the 4th quarter worth approximately $184,000. Finally, Entropy Technologies LP acquired a new position in shares of Nuveen Churchill Direct Lending during the 4th quarter worth approximately $189,000.

Nuveen Churchill Direct Lending Stock Down 0.4 %

NCDL stock opened at $17.28 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 has a market capitalization of $897.73 million, a PE ratio of 7.38 and a beta of 0.43. Nuveen Churchill Direct Lending Corp. has a 1-year low of $16.20 and a 1-year high of $18.10. The business’s 50 day simple moving average is $17.23 and its 200 day simple moving average is $17.22.

Nuveen Churchill Direct Lending Announces Dividend

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