Drive Wealth Management LLC bought a new position in shares of Blue Owl Capital Co. III (NYSE:OBDE - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 25,689 shares of the company's stock, valued at approximately $393,000.
Several other institutional investors have also recently made changes to their positions in OBDE. Versant Capital Management Inc purchased a new position in Blue Owl Capital Co. III during the fourth quarter valued at $63,000. Sunbelt Securities Inc. bought a new position in Blue Owl Capital Co. III in the 2nd quarter worth about $132,000. XTX Topco Ltd purchased a new stake in Blue Owl Capital Co. III during the 3rd quarter valued at about $148,000. Accurate Wealth Management LLC purchased a new stake in Blue Owl Capital Co. III during the 4th quarter valued at about $164,000. Finally, Chicago Partners Investment Group LLC increased its stake in Blue Owl Capital Co. III by 86.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company's stock valued at $521,000 after purchasing an additional 16,838 shares in the last quarter.
Blue Owl Capital Co. III Price Performance
NYSE OBDE remained flat at $14.14 during trading hours on Friday. The business's 50 day moving average is $14.64 and its two-hundred day moving average is $14.55. 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 firm has a market cap of $1.74 billion and a PE ratio of 8.03. Blue Owl Capital Co. III has a 52-week low of $13.60 and a 52-week high of $16.80.
Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. The firm had revenue of $129.04 million for the quarter, compared to analysts' expectations of $122.32 million. Blue Owl Capital Co. III had a return on equity of 11.52% and a net margin of 45.35%. Equities research analysts anticipate that Blue Owl Capital Co. III will post 1.59 earnings per share for the current fiscal year.
Blue Owl Capital Co. III Dividend Announcement
The firm 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. This represents a dividend yield of 9.4%. The ex-dividend date of this dividend is Friday, May 30th. Blue Owl Capital Co. III's payout ratio is currently 79.55%.
Blue Owl Capital Co. III 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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