21,609 Shares in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Purchased by Hudson Value Partners LLC

Hudson Value Partners LLC acquired a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,609 shares of the company’s stock, valued at approximately $376,000.

A number of other hedge funds have also added to or reduced their stakes in NCDL. Opal Wealth Advisors LLC increased its holdings in Nuveen Churchill Direct Lending by 184.1% during the 3rd quarter. Opal Wealth Advisors LLC now owns 194,638 shares of the company’s stock worth $3,391,000 after purchasing an additional 126,131 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Nuveen Churchill Direct Lending by 99.7% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 157,803 shares of the company’s stock worth $2,749,000 after buying an additional 78,785 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Nuveen Churchill Direct Lending during the second quarter valued at $871,000. Aprio Wealth Management LLC raised its holdings in shares of Nuveen Churchill Direct Lending by 250.2% in the third quarter. Aprio Wealth Management LLC now owns 54,688 shares of the company’s stock valued at $953,000 after acquiring an additional 39,073 shares in the last quarter. Finally, Procyon Advisors LLC purchased a new stake in Nuveen Churchill Direct Lending in the third quarter worth about $662,000.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company dropped their price objective on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $18.33.

Nuveen Churchill Direct Lending Stock Performance

Shares of NYSE NCDL opened at $17.08 on Friday. Nuveen Churchill Direct Lending Corp. has a fifty-two week low of $16.00 and a fifty-two week high of $18.10. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50-day simple moving average of $17.42 and a two-hundred day simple moving average of $17.47.

Nuveen Churchill Direct Lending (NYSE:NCDL) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.57 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.57. Nuveen Churchill Direct Lending had a net margin of 50.23% and a return on equity of 12.70%. The business had revenue of $55.09 million during the quarter, compared to analysts’ expectations of $54.30 million. On average, equities analysts forecast that Nuveen Churchill Direct Lending Corp. will post 2.28 EPS for the current year.

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.