Modera Wealth Management LLC Acquires Shares of 16,414 Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Modera Wealth Management LLC purchased a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the fourth quarter, Holdings Channel reports. The firm purchased 16,414 shares of the company’s stock, valued at approximately $275,000.

Several other large investors also recently added to or reduced their stakes in NCDL. Farther Finance Advisors LLC increased its stake in Nuveen Churchill Direct Lending by 119.8% during the third quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company’s stock worth $56,000 after acquiring an additional 1,745 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in 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 buying an additional 2,009 shares in the last quarter. Catalina Capital Group LLC purchased a new position in shares of Nuveen Churchill Direct Lending in the 3rd quarter valued at about $182,000. Vestia Personal Wealth Advisors purchased a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter worth $184,000. Finally, Entropy Technologies LP purchased a new stake in Nuveen Churchill Direct Lending during the fourth quarter worth approximately $189,000.

Nuveen Churchill Direct Lending Price Performance

NCDL stock opened at $17.21 on Thursday. The business has a 50 day simple moving average of $17.11 and a 200-day simple moving average of $17.23. 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 company has a market capitalization of $937.43 million and a P/E ratio of 7.35. Nuveen Churchill Direct Lending Corp. has a twelve month low of $16.20 and a twelve month high of $18.10.

Nuveen Churchill Direct Lending Announces Dividend

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