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

EntryPoint Capital LLC acquired a new stake in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 28,416 shares of the company’s stock, valued at approximately $477,000. EntryPoint Capital LLC owned about 0.05% of Nuveen Churchill Direct Lending as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Aprio Wealth Management LLC grew 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 valued at $1,873,000 after purchasing an additional 56,916 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Nuveen Churchill Direct Lending by 1,045,043.2% during the 3rd 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 during the last quarter. Procyon Advisors LLC increased its position in Nuveen Churchill Direct Lending by 67.6% in 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 during the period. Modera Wealth Management LLC acquired a new position in shares of Nuveen Churchill Direct Lending during the fourth quarter valued at $275,000. Finally, Dover Advisors LLC bought a new position in shares of Nuveen Churchill Direct Lending during the fourth quarter worth about $260,000.

Nuveen Churchill Direct Lending Stock Up 0.3 %

NCDL stock opened at $17.23 on Wednesday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.10. The firm’s 50-day simple moving average is $17.27 and its 200 day simple moving average is $17.21. The stock has a market cap of $895.39 million, a PE ratio of 7.36 and a beta of 0.43. Nuveen Churchill Direct Lending Corp. has a fifty-two week low of $16.20 and a fifty-two week high of $18.10.

Nuveen Churchill Direct Lending Announces Dividend

The firm also recently declared a — dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.10 per share. 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 presently 83.72%.

Nuveen Churchill Direct Lending Company 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.