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Citigroup Inc. Purchases 350,842 Shares of Blue Owl Capital Co. III (NYSE:OBDE)

Blue Owl Capital Co. III logo with Finance background

Citigroup Inc. increased its stake in Blue Owl Capital Co. III (NYSE:OBDE - Free Report) by 7,952.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 355,254 shares of the company's stock after buying an additional 350,842 shares during the quarter. Citigroup Inc. owned about 0.29% of Blue Owl Capital Co. III worth $5,091,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of OBDE. HB Wealth Management LLC purchased a new position in Blue Owl Capital Co. III in the second quarter valued at about $1,774,000. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Blue Owl Capital Co. III by 323.2% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,000,888 shares of the company's stock worth $29,953,000 after purchasing an additional 1,528,078 shares in the last quarter. CNA Financial Corp boosted its stake in Blue Owl Capital Co. III by 1.0% during the second quarter. CNA Financial Corp now owns 1,552,259 shares of the company's stock worth $23,237,000 after buying an additional 15,346 shares during the last quarter. Gilbert & Cook Inc. lifted its stake in shares of 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. Finally, First National Trust Co acquired a new position in shares of Blue Owl Capital Co. III in the 2nd quarter valued at $996,000.

Blue Owl Capital Co. III Stock Up 0.1 %

Shares of OBDE traded up $0.01 during mid-day trading on Tuesday, reaching $14.91. The company's stock had a trading volume of 821,342 shares, compared to its average volume of 130,326. 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 $1.84 billion and a PE ratio of 8.47. 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 company's 50 day moving average is $14.59 and its 200 day moving average is $14.76.

Blue Owl Capital Co. III Dividend Announcement

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

Blue Owl Capital Co. III Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Blue Owl Capital Co. III (NYSE:OBDE)

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