Requisite Capital Management LLC Grows Holdings in Blue Owl Capital Co. III (NYSE:OBDE)

Requisite Capital Management LLC lifted its stake in shares of Blue Owl Capital Co. III (NYSE:OBDE - Free Report) by 100.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 431,990 shares of the company's stock after purchasing an additional 215,995 shares during the period. Blue Owl Capital Co. III comprises 1.3% of Requisite Capital Management LLC's investment portfolio, making the stock its 11th biggest position. Requisite Capital Management LLC owned about 0.35% of Blue Owl Capital Co. III worth $6,605,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of OBDE. Confluence Investment Management LLC boosted its holdings in shares of Blue Owl Capital Co. III by 0.5% during the 4th quarter. Confluence Investment Management LLC now owns 310,424 shares of the company's stock worth $4,476,000 after purchasing an additional 1,399 shares during the last quarter. Sunbelt Securities Inc. increased its position in Blue Owl Capital Co. III by 17.1% during the third quarter. Sunbelt Securities Inc. now owns 10,331 shares of the company's stock worth $148,000 after purchasing an additional 1,509 shares during the last quarter. Stephens Inc. AR raised its stake in Blue Owl Capital Co. III by 6.0% during the third quarter. Stephens Inc. AR now owns 60,161 shares of the company's stock worth $862,000 after purchasing an additional 3,385 shares during the period. Versant Capital Management Inc acquired a new position in Blue Owl Capital Co. III in the 4th quarter valued at about $63,000. Finally, XTX Topco Ltd purchased a new stake in shares of Blue Owl Capital Co. III in the 3rd quarter valued at approximately $148,000.

Blue Owl Capital Co. III Stock Performance

Shares of OBDE stock remained flat at $14.14 during trading on Friday. Blue Owl Capital Co. III has a 12 month low of $13.60 and a 12 month high of $16.80. The stock has a market cap of $1.74 billion and a PE ratio of 8.03. The company has a 50-day moving average price of $14.68 and a 200-day moving average price of $14.57. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.28.

Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. Blue Owl Capital Co. III had a net margin of 45.35% and a return on equity of 11.52%. The firm had revenue of $129.04 million during the quarter, compared to analysts' expectations of $122.32 million. Analysts anticipate that Blue Owl Capital Co. III will post 1.59 earnings per share for the current year.

Blue Owl Capital Co. III Announces Dividend

The company also recently announced a -- dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid 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 currently 79.55%.

Blue Owl Capital Co. III Company Profile

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.