Muzinich & Co. Inc. Makes New $2.46 Million Investment in Blue Owl Capital Co. III (NYSE:OBDE)

Muzinich & Co. Inc. bought a new position in Blue Owl Capital Co. III (NYSE:OBDE - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 171,333 shares of the company's stock, valued at approximately $2,455,000. Blue Owl Capital Co. III comprises approximately 1.7% of Muzinich & Co. Inc.'s investment portfolio, making the stock its 18th biggest position. Muzinich & Co. Inc. owned 0.14% of Blue Owl Capital Co. III at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Sunbelt Securities Inc. bought a new position in shares of Blue Owl Capital Co. III during the 2nd quarter valued at approximately $132,000. Chicago Partners Investment Group LLC increased its position in shares of Blue Owl Capital Co. III by 86.9% during the third quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company's stock worth $521,000 after purchasing an additional 16,838 shares in the last quarter. Ariadne Wealth Management LP acquired a new position in Blue Owl Capital Co. III during the second quarter worth $689,000. 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, Renaissance Technologies LLC acquired a new position in shares of Blue Owl Capital Co. III in the 2nd quarter valued at $856,000.

Blue Owl Capital Co. III Trading Up 0.5 %

OBDE traded up $0.07 during mid-day trading on Friday, hitting $14.66. 123,251 shares of the stock were exchanged, compared to its average volume of 209,261. The firm's fifty day moving average is $14.51 and its two-hundred day moving average is $14.84. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 1.28. Blue Owl Capital Co. III has a 1-year low of $13.60 and a 1-year high of $16.80. The company has a market cap of $1.81 billion and a PE 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. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.35 per share. This represents a yield of 9.6%. The ex-dividend date is Tuesday, December 31st. Blue Owl Capital Co. III's payout ratio is 79.55%.

Insider Activity

In related news, Director Melissa Weiler bought 12,000 shares of the stock in a transaction dated Tuesday, August 20th. The stock was bought at an average cost of $14.34 per share, with a total value of $172,080.00. Following the completion of the acquisition, the director now owns 12,000 shares of the company's stock, valued at $172,080. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Victor Woolridge bought 6,830 shares of the stock in a transaction dated Monday, August 26th. The shares were bought at an average cost of $14.64 per share, with a total value of $99,991.20. Following the completion of the acquisition, the director now directly owns 6,830 shares of the company's stock, valued at approximately $99,991.20. The trade was 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 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.