HB Wealth Management LLC lifted its position in Blue Owl Capital Co. III (NYSE:OBDE - Free Report) by 78.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 683,551 shares of the company's stock after acquiring an additional 301,365 shares during the quarter. HB Wealth Management LLC owned approximately 0.55% of Blue Owl Capital Co. III worth $9,863,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc purchased a new position in Blue Owl Capital Co. III in the fourth quarter valued at about $63,000. Sunbelt Securities Inc. bought a new stake in Blue Owl Capital Co. III in the 2nd quarter valued at about $132,000. XTX Topco Ltd purchased a new stake in Blue Owl Capital Co. III during the third quarter valued at about $148,000. Accurate Wealth Management LLC purchased a new position in Blue Owl Capital Co. III in the 4th quarter valued at approximately $164,000. Finally, Chicago Partners Investment Group LLC raised its holdings 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 acquiring an additional 16,838 shares during the period.
Blue Owl Capital Co. III Price Performance
Shares of NYSE:OBDE remained flat at $14.14 during midday trading on Friday. Blue Owl Capital Co. III has a twelve month low of $13.60 and a twelve month high of $16.80. The firm's 50 day moving average is $14.73 and its 200 day moving average is $14.60. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.76 and a current 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 Announces Dividend
The company also recently declared a -- dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.06 dividend. 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 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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