154,783 Shares in Blue Owl Capital Co. III (NYSE:OBDE) Acquired by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC acquired a new position in shares of Blue Owl Capital Co. III (NYSE:OBDE - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 154,783 shares of the company's stock, valued at approximately $2,218,000. Pettinga Financial Advisors LLC owned approximately 0.13% of Blue Owl Capital Co. III as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of Blue Owl Capital Co. III during the second quarter worth about $132,000. Gilbert & Cook Inc. bought a new position in shares of Blue Owl Capital Co. III during the first quarter worth about $229,000. Requisite Capital Management LLC bought a new position in shares of Blue Owl Capital Co. III during the first quarter worth about $510,000. Ariadne Wealth Management LP bought a new position in shares of Blue Owl Capital Co. III during the second quarter worth about $689,000. Finally, Renaissance Technologies LLC bought a new position in shares of Blue Owl Capital Co. III during the second quarter worth about $856,000.

Insider Buying and Selling at Blue Owl Capital Co. III

In related news, Director Victor Woolridge purchased 6,830 shares of the firm's stock in a transaction on Monday, August 26th. The stock was purchased at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the completion of the purchase, the director now directly owns 6,830 shares in the company, valued at $99,991.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Blue Owl Capital Co. III news, Director Melissa Weiler acquired 12,000 shares of the business's 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 transaction, the director now directly owns 12,000 shares in the company, valued at approximately $172,080. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Victor Woolridge acquired 6,830 shares of the business's stock in a transaction dated Monday, August 26th. The stock was acquired at an average cost of $14.64 per share, with a total value of $99,991.20. Following the completion of the transaction, the director now owns 6,830 shares of the company's stock, valued at approximately $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 Stock Up 0.1 %

OBDE stock traded up $0.01 during mid-day trading on Friday, reaching $14.50. The company had a trading volume of 135,264 shares, compared to its average volume of 107,196. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a 50 day simple moving average of $14.49 and a two-hundred day simple moving average of $14.92. The company has a market capitalization of $1.79 billion and a price-to-earnings ratio of 7.18. 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 posted 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 firm had revenue of $123.18 million during the quarter, compared to the consensus estimate of $119.08 million. Blue Owl Capital Co. III had a return on equity of 12.53% and a net margin of 54.40%. As a group, equities analysts predict that Blue Owl Capital Co. III will post 1.61 earnings per share for the current fiscal year.

Blue Owl Capital Co. III Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.35 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.40 dividend on an annualized basis and a yield of 9.66%. Blue Owl Capital Co. III's dividend payout ratio is 69.31%.

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.