Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) shares saw strong trading volume on Friday . 625,167 shares changed hands during trading, an increase of 311% from the previous session's volume of 152,000 shares.The stock last traded at $15.24 and had previously closed at $15.19.
Blue Owl Capital Co. III Stock Performance
The company has a debt-to-equity ratio of 1.28, a current ratio of 1.76 and a quick ratio of 1.76. The stock's 50-day moving average price is $14.77 and its 200-day moving average price is $14.67. The company has a market cap of $1.88 billion and a P/E ratio of 8.66.
Blue Owl Capital Co. III Dividend Announcement
The firm also recently announced a -- dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 9.4%. Blue Owl Capital Co. III's payout ratio is presently 79.55%.
Institutional Investors Weigh In On Blue Owl Capital Co. III
Several institutional investors and hedge funds have recently bought and sold shares of OBDE. Creative Planning lifted its holdings in shares of Blue Owl Capital Co. III by 277.6% in the second quarter. Creative Planning now owns 514,341 shares of the company's stock worth $7,700,000 after acquiring an additional 378,136 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Blue Owl Capital Co. III by 79.2% in the 3rd 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. Gilbert & Cook Inc. boosted its position in 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. Pettinga Financial Advisors LLC acquired a new stake in shares of Blue Owl Capital Co. III during the 3rd quarter valued at $2,218,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of Blue Owl Capital Co. III during the third quarter worth about $2,397,000.
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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