Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) shares saw strong trading volume on Friday . 201,039 shares were traded during mid-day trading, an increase of 46% from the previous session's volume of 137,933 shares.The stock last traded at $14.87 and had previously closed at $14.91.
Blue Owl Capital Co. III Stock Performance
The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a market capitalization of $1.84 billion and a PE ratio of 8.49. The firm's 50 day moving average price is $14.68 and its 200-day moving average price is $14.72.
Blue Owl Capital Co. III Dividend Announcement
The firm also recently disclosed a -- dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a $0.06 dividend. This represents a yield of 9.4%. The ex-dividend date is Friday, May 30th. Blue Owl Capital Co. III's payout ratio is currently 79.55%.
Institutional Investors Weigh In On Blue Owl Capital Co. III
Institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. purchased a new stake in Blue Owl Capital Co. III during the 2nd quarter worth approximately $132,000. XTX Topco Ltd acquired a new stake in shares of Blue Owl Capital Co. III in the third quarter worth approximately $148,000. Chicago Partners Investment Group LLC boosted its stake in shares of Blue Owl Capital Co. III by 86.9% in the third quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company's stock worth $521,000 after acquiring an additional 16,838 shares during the last quarter. Ariadne Wealth Management LP purchased a new stake in shares of Blue Owl Capital Co. III during the second quarter worth approximately $689,000. Finally, Gilbert & Cook Inc. raised its stake in Blue Owl Capital Co. III by 241.1% in the 2nd quarter. Gilbert & Cook Inc. now owns 51,077 shares of the company's stock valued at $765,000 after purchasing an additional 36,101 shares during the last quarter.
About Blue Owl Capital Co. III
(
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Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.
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