Gilbert & Cook Inc. boosted its holdings in Blue Owl Capital Co. III (NYSE:OBDE - Free Report) by 76.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 90,320 shares of the company's stock after buying an additional 39,243 shares during the period. Gilbert & Cook Inc. owned 0.07% of Blue Owl Capital Co. III worth $1,294,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Muzinich & Co. Inc. purchased a new position in Blue Owl Capital Co. III during the third quarter valued at $2,455,000. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Blue Owl Capital Co. III during the 3rd quarter valued at about $2,397,000. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Blue Owl Capital Co. III by 79.2% during the third 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 in the last quarter. Confluence Investment Management LLC increased its holdings in shares of Blue Owl Capital Co. III by 32.5% in the third quarter. Confluence Investment Management LLC now owns 309,025 shares of the company's stock worth $4,428,000 after purchasing an additional 75,866 shares during the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in shares of Blue Owl Capital Co. III by 86.9% in the third quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company's stock worth $521,000 after buying an additional 16,838 shares in the last quarter.
Insider Transactions at Blue Owl Capital Co. III
In other Blue Owl Capital Co. III news, Director Melissa Weiler bought 12,000 shares of the company's stock in a transaction on Tuesday, August 20th. The shares were bought at an average cost of $14.34 per share, for a total transaction of $172,080.00. Following the acquisition, the director now directly owns 12,000 shares in the company, valued at approximately $172,080. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Victor Woolridge bought 6,830 shares of the business's stock in a transaction on Monday, August 26th. The shares were acquired at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the transaction, the director now directly owns 6,830 shares in the company, valued at approximately $99,991.20. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 90.80% of the company's stock.
Blue Owl Capital Co. III Price Performance
OBDE traded up $0.07 during trading hours on Friday, hitting $14.66. The company's stock had a trading volume of 123,251 shares, compared to its average volume of 209,261. Blue Owl Capital Co. III has a 12 month low of $13.60 and a 12 month high of $16.80. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 1.28. The business's 50-day moving average price is $14.51 and its 200-day moving average price is $14.84. The stock has a market cap of $1.81 billion and a price-to-earnings ratio of 8.33.
Blue Owl Capital Co. III Dividend Announcement
The business also recently declared a -- dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 9.6%. Blue Owl Capital Co. III's payout ratio is presently 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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