Hudson Value Partners LLC Buys Shares of 21,609 Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

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

Several other large investors also recently modified their holdings of the company. Opal Wealth Advisors LLC increased its stake in shares of Nuveen Churchill Direct Lending by 184.1% in 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 in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Nuveen Churchill Direct Lending by 99.7% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 157,803 shares of the company’s stock valued at $2,749,000 after purchasing an additional 78,785 shares during the period. Acadian Asset Management LLC purchased a new stake in Nuveen Churchill Direct Lending in the second quarter worth about $871,000. Aprio Wealth Management LLC raised its stake 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 worth $953,000 after buying an additional 39,073 shares during the period. Finally, Procyon Advisors LLC bought a new position in shares of Nuveen Churchill Direct Lending in the third quarter worth about $662,000.

Nuveen Churchill Direct Lending Price Performance

NYSE:NCDL opened at $17.08 on Friday. The business’s 50-day moving average is $17.42 and its 200 day moving average is $17.47. Nuveen Churchill Direct Lending Corp. has a 12 month low of $16.00 and a 12 month high of $18.10. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.03.

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

Wall Street Analysts Forecast Growth

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

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.