Aprio Wealth Management LLC Makes New $272,000 Investment in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL)

Aprio Wealth Management LLC purchased a new position in Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,615 shares of the company’s stock, valued at approximately $272,000.

Other large investors have also added to or reduced their stakes in the company. Confluence Investment Management LLC boosted its holdings in shares of Nuveen Churchill Direct Lending by 13.7% during the 2nd quarter. Confluence Investment Management LLC now owns 117,085 shares of the company’s stock valued at $2,037,000 after buying an additional 14,068 shares in the last quarter. Capstone Investment Advisors LLC bought a new stake in Nuveen Churchill Direct Lending during the first quarter worth about $734,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in Nuveen Churchill Direct Lending in the first quarter worth about $506,000.

Nuveen Churchill Direct Lending Price Performance

Shares of NYSE NCDL traded up $0.04 on Thursday, reaching $17.23. 24,788 shares of the company’s stock traded hands, compared to its average volume of 57,673. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.35 and a current ratio of 1.35. The company has a 50 day moving average of $17.59. Nuveen Churchill Direct Lending Corp. has a 12 month low of $16.00 and a 12 month high of $18.10.

Nuveen Churchill Direct Lending (NYSE:NCDL) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.07. Nuveen Churchill Direct Lending had a return on equity of 12.28% and a net margin of 51.98%. The company had revenue of $51.60 million during the quarter, compared to analyst estimates of $51.60 million. Analysts expect that Nuveen Churchill Direct Lending Corp. will post 2.32 EPS for the current fiscal year.

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.