Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 155,983 shares changed hands during trading, an increase of 26% from the previous session's volume of 124,012 shares.The stock last traded at $14.92 and had previously closed at $14.80.
Blue Owl Capital Co. III Price Performance
The stock has a fifty day moving average of $14.57 and a 200-day moving average of $14.78. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $1.84 billion and a price-to-earnings ratio of 8.45.
Blue Owl Capital Co. III Announces Dividend
The firm also recently declared a -- dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a yield of 9.4%. Blue Owl Capital Co. III's dividend payout ratio (DPR) is 79.55%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System purchased a new position in Blue Owl Capital Co. III in the first quarter valued at about $12,243,000. Boston Partners acquired a new position in Blue Owl Capital Co. III during the first quarter worth $2,676,000. Creative Planning boosted its position in Blue Owl Capital Co. III by 277.6% during the second quarter. Creative Planning now owns 514,341 shares of the company's stock worth $7,700,000 after purchasing an additional 378,136 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Blue Owl Capital Co. III by 79.2% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,585,744 shares of the company's stock valued at $51,384,000 after purchasing an additional 1,584,856 shares during the last quarter. Finally, Gilbert & Cook Inc. increased its position in shares of Blue Owl Capital Co. III by 76.8% in the third quarter. Gilbert & Cook Inc. now owns 90,320 shares of the company's stock valued at $1,294,000 after buying an additional 39,243 shares in the last quarter.
Blue Owl Capital Co. III Company Profile
(
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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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