Blue Owl Capital Co. III (NYSE:OBDE) is Trustees of Dartmouth College's 3rd Largest Position

Trustees of Dartmouth College reduced its position in shares of Blue Owl Capital Co. III (NYSE:OBDE - Free Report) by 36.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,402,174 shares of the company's stock after selling 1,957,255 shares during the period. Blue Owl Capital Co. III accounts for approximately 13.2% of Trustees of Dartmouth College's holdings, making the stock its 3rd biggest position. Trustees of Dartmouth College owned about 2.76% of Blue Owl Capital Co. III worth $48,753,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Requisite Capital Management LLC bought a new stake in Blue Owl Capital Co. III during the 1st quarter worth about $510,000. Gilbert & Cook Inc. bought a new position in shares of Blue Owl Capital Co. III in the first quarter valued at about $229,000. CNA Financial Corp acquired a new position in Blue Owl Capital Co. III in the 1st quarter valued at $23,546,000. California State Teachers Retirement System bought a new position in shares of Blue Owl Capital Co. III during the first quarter worth approximately $12,243,000. Finally, Boston Partners acquired a new stake in Blue Owl Capital Co. III during the first quarter worth about $2,676,000.

Blue Owl Capital Co. III Trading Up 0.5 %

NYSE:OBDE traded up $0.07 during trading hours on Wednesday, hitting $14.39. 294,466 shares of the company were exchanged, compared to its average volume of 106,554. Blue Owl Capital Co. III has a one year low of $13.60 and a one year high of $16.80. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.27. The company has a fifty day simple moving average of $14.48 and a 200 day simple moving average of $14.93. The stock has a market capitalization of $1.78 billion and a price-to-earnings ratio of 7.09.

Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The company had revenue of $123.18 million for the quarter, compared to analyst estimates of $119.08 million. Blue Owl Capital Co. III had a net margin of 54.40% and a return on equity of 12.53%. Sell-side analysts expect that Blue Owl Capital Co. III will post 1.61 EPS for the current fiscal year.

Blue Owl Capital Co. III Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 9.73%. The ex-dividend date of this dividend was Monday, September 30th. Blue Owl Capital Co. III's dividend payout ratio (DPR) is presently 69.31%.

Insider Transactions at Blue Owl Capital Co. III

In other news, Director Victor Woolridge acquired 6,830 shares of the firm's stock in a transaction that occurred on Monday, August 26th. The stock was bought at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the acquisition, the director now directly owns 6,830 shares in the company, valued at approximately $99,991.20. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. In other Blue Owl Capital Co. III news, Director Melissa Weiler purchased 12,000 shares of the stock in a transaction dated Tuesday, August 20th. The stock was purchased at an average price of $14.34 per share, with a total value of $172,080.00. Following the transaction, the director now owns 12,000 shares of the company's stock, valued at approximately $172,080. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Victor Woolridge purchased 6,830 shares of the firm's stock in a transaction on Monday, August 26th. The stock was acquired at an average price of $14.64 per share, with a total value of $99,991.20. Following the completion of the purchase, the director now owns 6,830 shares of the company's stock, valued at $99,991.20. The disclosure for this purchase can be found here. Corporate insiders own 90.80% of the company's stock.

Blue Owl Capital Co. III 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.