Adams Asset Advisors LLC bought a new stake in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 31,012 shares of the company’s stock, valued at approximately $520,000. Adams Asset Advisors LLC owned 0.06% of Nuveen Churchill Direct Lending at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Acadian Asset Management LLC bought a new stake in Nuveen Churchill Direct Lending in the 2nd quarter valued at $871,000. Renaissance Technologies LLC acquired a new position in shares of Nuveen Churchill Direct Lending during the second quarter worth about $543,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Nuveen Churchill Direct Lending during the second quarter worth about $257,000. Marshall Wace LLP grew its holdings in shares of Nuveen Churchill Direct Lending by 15.2% during the second quarter. Marshall Wace LLP now owns 79,467 shares of the company’s stock worth $1,383,000 after buying an additional 10,493 shares in the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in Nuveen Churchill Direct Lending in the 2nd quarter valued at approximately $95,000.
Insiders Place Their Bets
In other news, CEO Kenneth J. Kencel bought 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was acquired at an average cost of $17.37 per share, for a total transaction of $347,400.00. Following the purchase, the chief executive officer now owns 20,000 shares of the company’s stock, valued at approximately $347,400. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.53% of the company’s stock.
Nuveen Churchill Direct Lending Stock Down 0.2 %
Nuveen Churchill Direct Lending Dividend Announcement
The firm also recently declared a — dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 10.5%. Nuveen Churchill Direct Lending’s dividend payout ratio (DPR) is presently 76.92%.
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.
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