Catalina Capital Group LLC Makes New $182,000 Investment in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Catalina Capital Group LLC purchased a new position in shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,449 shares of the company’s stock, valued at approximately $182,000.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in Nuveen Churchill Direct Lending by 119.8% in the third quarter. Farther Finance Advisors LLC now owns 3,201 shares of the company’s stock worth $56,000 after buying an additional 1,745 shares in the last quarter. Sunbelt Securities Inc. bought a new position in shares of Nuveen Churchill Direct Lending in the 2nd quarter worth $95,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Nuveen Churchill Direct Lending by 50.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 26,091 shares of the company’s stock worth $454,000 after purchasing an additional 8,705 shares during the last quarter. Marshall Wace LLP grew its stake in Nuveen Churchill Direct Lending by 15.2% in the second quarter. Marshall Wace LLP now owns 79,467 shares of the company’s stock valued at $1,383,000 after purchasing an additional 10,493 shares during the last quarter. Finally, Beacon Bridge Wealth Partners LLC bought a new position in Nuveen Churchill Direct Lending in the second quarter worth about $226,000.

Nuveen Churchill Direct Lending Price Performance

Shares of Nuveen Churchill Direct Lending stock opened at $17.08 on Friday. Nuveen Churchill Direct Lending Corp. has a 52 week low of $16.00 and a 52 week high of $18.10. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.03. The company has a 50 day moving average price of $17.42 and a 200 day moving average price of $17.47.

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

Analyst Ratings Changes

Separately, Wells Fargo & Company cut 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 report 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 MarketBeat.com, Nuveen Churchill Direct Lending currently has a consensus rating of “Moderate Buy” and an average price target of $18.33.

About Nuveen Churchill Direct Lending

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.