Gilbert & Cook Inc. Purchases 78,499 Shares of Blue Owl Capital Co. III (NYSE:OBDE)

Gilbert & Cook Inc. lifted its position in shares of Blue Owl Capital Co. III (NYSE:OBDE - Free Report) by 86.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 168,819 shares of the company's stock after acquiring an additional 78,499 shares during the quarter. Blue Owl Capital Co. III makes up about 0.3% of Gilbert & Cook Inc.'s investment portfolio, making the stock its 25th largest position. Gilbert & Cook Inc. owned approximately 0.14% of Blue Owl Capital Co. III worth $2,434,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. R Squared Ltd acquired a new position in Blue Owl Capital Co. III in the fourth quarter valued at approximately $45,000. Kavar Capital Partners Group LLC acquired a new position in shares of Blue Owl Capital Co. III in the 4th quarter valued at $173,000. Drive Wealth Management LLC bought a new position in shares of Blue Owl Capital Co. III in the 4th quarter worth $393,000. Requisite Capital Management LLC grew its stake in shares of Blue Owl Capital Co. III by 100.0% during the fourth quarter. Requisite Capital Management LLC now owns 431,990 shares of the company's stock worth $6,605,000 after purchasing an additional 215,995 shares during the period. Finally, HB Wealth Management LLC increased its holdings in Blue Owl Capital Co. III by 78.9% in the fourth quarter. HB Wealth Management LLC now owns 683,551 shares of the company's stock valued at $9,863,000 after purchasing an additional 301,365 shares during the last quarter.

Blue Owl Capital Co. III Stock Performance

OBDE remained flat at $14.14 during midday trading on Monday. The company has a market cap of $1.74 billion and a price-to-earnings ratio of 8.03. Blue Owl Capital Co. III has a 1 year low of $13.60 and a 1 year high of $16.80. The company's fifty day moving average is $14.62 and its 200 day moving average is $14.54. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.76 and a quick ratio of 1.76.

Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. The business had revenue of $129.04 million for the quarter, compared to analyst estimates of $122.32 million. Blue Owl Capital Co. III had a net margin of 45.35% and a return on equity of 11.52%. As a group, equities analysts forecast that Blue Owl Capital Co. III will post 1.59 earnings per share for the current year.

Blue Owl Capital Co. III Dividend Announcement

The company also recently declared a -- dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 9.4%. Blue Owl Capital Co. III's dividend payout ratio is 79.55%.

About Blue Owl Capital Co. III

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.