Trexquant Investment LP Invests $2.19 Million in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Trexquant Investment LP bought a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 130,629 shares of the company’s stock, valued at approximately $2,192,000. Trexquant Investment LP owned about 0.24% of Nuveen Churchill Direct Lending as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of NCDL. Bellevue Asset Management LLC acquired a new stake in shares of Nuveen Churchill Direct Lending in the fourth quarter valued at approximately $28,000. Sunbelt Securities Inc. boosted its position in Nuveen Churchill Direct Lending by 36.6% during the third 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 period. Farther Finance Advisors LLC increased its holdings in shares of Nuveen Churchill Direct Lending by 72.2% in the fourth quarter. Farther Finance Advisors LLC now owns 5,512 shares of the company’s stock valued at $92,000 after purchasing an additional 2,311 shares during the last quarter. Catalina Capital Group LLC lifted its stake in shares of Nuveen Churchill Direct Lending by 26.2% during the 4th quarter. Catalina Capital Group LLC now owns 13,184 shares of the company’s stock worth $221,000 after buying an additional 2,735 shares during the last quarter. Finally, OneAscent Wealth Management LLC bought a new stake in shares of Nuveen Churchill Direct Lending during the 4th quarter worth about $171,000.

Nuveen Churchill Direct Lending Trading Down 3.1 %

NCDL stock opened at $14.63 on Wednesday. Nuveen Churchill Direct Lending Corp. has a 52 week low of $14.32 and a 52 week high of $18.05. The company has a market capitalization of $760.02 million, a PE ratio of 6.25 and a beta of 0.37. The company’s 50-day simple moving average is $17.16 and its 200 day simple moving average is $17.11. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.69 and a current ratio of 1.69.

Nuveen Churchill Direct Lending Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a dividend yield of 10.3%. Nuveen Churchill Direct Lending’s payout ratio is 83.72%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods lowered their target price on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a “market perform” rating on the stock in a research note on Tuesday.

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.