Blue Owl Capital Co. III (NYSE:OBDE) Shares Acquired by Certuity LLC

Certuity LLC raised its stake in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 99.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 615,085 shares of the company’s stock after acquiring an additional 307,151 shares during the period. Blue Owl Capital Co. III makes up 1.0% of Certuity LLC’s investment portfolio, making the stock its 26th biggest holding. Certuity LLC owned 0.50% of Blue Owl Capital Co. III worth $8,870,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Gilbert & Cook Inc. raised its holdings in shares of Blue Owl Capital Co. III by 86.9% in the fourth quarter. Gilbert & Cook Inc. now owns 168,819 shares of the company’s stock worth $2,434,000 after acquiring an additional 78,499 shares during the last quarter. Requisite Capital Management LLC raised its holdings in shares of Blue Owl Capital Co. III by 100.0% in the 4th quarter. Requisite Capital Management LLC now owns 431,990 shares of the company’s stock worth $6,605,000 after purchasing an additional 215,995 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in 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 buying an additional 1,584,856 shares in the last quarter. HB Wealth Management LLC raised its position in Blue Owl Capital Co. III by 78.9% in the fourth quarter. HB Wealth Management LLC now owns 683,551 shares of the company’s stock valued at $9,863,000 after purchasing an additional 301,365 shares during the period. Finally, Drive Wealth Management LLC acquired a new position in Blue Owl Capital Co. III during the 4th quarter worth approximately $393,000.

Blue Owl Capital Co. III Stock Performance

Shares of OBDE opened at $14.14 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.28. The firm has a market cap of $1.74 billion and a price-to-earnings ratio of 8.03. Blue Owl Capital Co. III has a 52-week low of $13.60 and a 52-week high of $16.80. The business’s 50 day moving average is $14.54 and its two-hundred day moving average is $14.52.

Blue Owl Capital Co. III Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 9.4%. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is presently 79.55%.

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.