Nuveen Churchill Direct Lending (NYSE:NCDL) VP Buys $26,600.00 in Stock

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) VP John Mccally purchased 2,000 shares of the stock in a transaction dated Thursday, March 5th. The stock was purchased at an average cost of $13.30 per share, for a total transaction of $26,600.00. Following the completion of the purchase, the vice president directly owned 7,430 shares of the company’s stock, valued at approximately $98,819. The trade was a 36.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Nuveen Churchill Direct Lending Stock Down 0.8%

NYSE NCDL opened at $13.20 on Monday. The business has a fifty day moving average price of $13.55 and a 200 day moving average price of $14.22. Nuveen Churchill Direct Lending Corp. has a one year low of $12.54 and a one year high of $17.59. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market cap of $651.95 million, a P/E ratio of 10.08 and a beta of 0.44.

Nuveen Churchill Direct Lending (NYSE:NCDL) last announced its earnings results on Thursday, February 26th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.01. Nuveen Churchill Direct Lending had a net margin of 31.57% and a return on equity of 10.48%. The company had revenue of $26.36 million for the quarter, compared to analysts’ expectations of $49.60 million. Research analysts anticipate that Nuveen Churchill Direct Lending Corp. will post 2.28 EPS for the current fiscal year.

Nuveen Churchill Direct Lending Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, March 31st will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 10.9%. The ex-dividend date of this dividend is Tuesday, March 31st. Nuveen Churchill Direct Lending’s dividend payout ratio (DPR) is currently 137.40%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on NCDL shares. Truist Financial dropped their price objective on shares of Nuveen Churchill Direct Lending from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Keefe, Bruyette & Woods decreased their target price on shares of Nuveen Churchill Direct Lending from $16.00 to $15.00 and set a “market perform” rating on the stock in a research note on Friday, February 27th. Wells Fargo & Company lowered their target price on Nuveen Churchill Direct Lending from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 4th. Wall Street Zen lowered Nuveen Churchill Direct Lending from a “hold” rating to a “sell” rating in a research report on Monday, March 2nd. Finally, Zacks Research raised Nuveen Churchill Direct Lending from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $15.40.

Key Headlines Impacting Nuveen Churchill Direct Lending

Here are the key news stories impacting Nuveen Churchill Direct Lending this week:

• Positive Sentiment: Multiple insiders are buying stock — including CEO Kenneth J. Kencel (10,000 shares at ~$13.04), Director Kenneth Miranda (3,000 shares at $12.83), Jason Strife (7,690 shares at $13.40), VP John McCally (2,000 shares at $13.30) and Director Mat Linett (2,000 shares at $13.05) — signaling management confidence at current levels. SEC Filing (Jason Strife)
• Positive Sentiment: Institutional investors have been active: Invesco materially increased its stake in the 4Q, and other funds (Virtu, NewEdge, VARCOV, Almitas) adjusted positions — a sign of interest from larger holders. MarketBeat: Insider & institutional details
• Neutral Sentiment: Quarterly EPS marginally beat (reported $0.44 vs. $0.43 est.), which is supportive for income investors, but the beat was slight and leaves forward guidance/credit performance the focus area. Earnings summary
• Neutral Sentiment: The board declared a quarterly dividend of $0.36 (annualized $1.44; ~10.9% yield). While yield is attractive to income buyers, the fund’s payout ratio is high (137%), making the dividend’s sustainability an open question. Dividend & DPR details
• Negative Sentiment: Several analysts cut price targets and trimmed expectations this week (Wells Fargo to $13.00; Truist lowered its prior target and reduced expectations; KBW trimmed its target) — increasing near‑term selling pressure and lowering the stock’s perceived upside. Wells Fargo price target cut Truist note
• Negative Sentiment: Revenue in the quarter materially missed consensus ($26.36M reported vs. ~$49.6M expected), suggesting weaker origination/fee activity or timing effects — a key negative for a credit-focused closed‑end fund. Quarterly revenue miss
• Negative Sentiment: High dividend payout ratio (137%) and headlines indicating a dividend cut or reset increase uncertainty around future distributions — a central driver for valuation of yield‑focused CEFs. Dividend concerns

Institutional Investors Weigh In On Nuveen Churchill Direct Lending

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in Nuveen Churchill Direct Lending by 190.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,400 shares of the company’s stock valued at $33,000 after purchasing an additional 1,573 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Nuveen Churchill Direct Lending in the 3rd quarter valued at approximately $38,000. NewEdge Advisors LLC increased its holdings in shares of Nuveen Churchill Direct Lending by 33.0% during the 2nd quarter. NewEdge Advisors LLC now owns 4,511 shares of the company’s stock worth $73,000 after buying an additional 1,118 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of Nuveen Churchill Direct Lending during the 3rd quarter worth approximately $80,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Nuveen Churchill Direct Lending during the 3rd quarter valued at approximately $85,000.

About Nuveen Churchill Direct Lending

Nuveen Churchill Direct Lending (NYSE:NCDL) is a closed-end management investment company that seeks to provide shareholders with attractive risk-adjusted returns through a diversified portfolio of direct lending instruments. Established in early 2022, NCDL focuses on privately negotiated debt investments in middle-market companies, primarily within the United States. The fund offers investors access to a segment of the credit markets that has historically been less correlated with public debt markets, aiming to capture yield premiums associated with private lending.

The fund’s investment strategy centers on senior secured loans, unitranche financings and selectively structured mezzanine debt.