Whipplewood Advisors LLC Takes $554,000 Position in Blue Owl Capital Co. III (NYSE:OBDE)

Whipplewood Advisors LLC purchased a new stake in shares of Blue Owl Capital Co. III (NYSE:OBDE) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 38,449 shares of the company’s stock, valued at approximately $554,000.

Other institutional investors also recently bought and sold shares of the company. Pettinga Financial Advisors LLC bought a new stake in Blue Owl Capital Co. III during the 3rd quarter valued at approximately $2,218,000. Stephens Inc. AR lifted its stake in shares of Blue Owl Capital Co. III by 6.0% in the 3rd quarter. Stephens Inc. AR now owns 60,161 shares of the company’s stock valued at $862,000 after purchasing an additional 3,385 shares during the period. Chicago Partners Investment Group LLC boosted 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 valued at $521,000 after purchasing an additional 16,838 shares in the last quarter. Confluence Investment Management LLC grew its stake in Blue Owl Capital Co. III by 32.5% in the third quarter. Confluence Investment Management LLC now owns 309,025 shares of the company’s stock worth $4,428,000 after purchasing an additional 75,866 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in Blue Owl Capital Co. III by 79.2% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,585,744 shares of the company’s stock worth $51,384,000 after purchasing an additional 1,584,856 shares in the last quarter.

Blue Owl Capital Co. III Stock Performance

Shares of OBDE stock opened at $14.14 on Thursday. The company’s fifty day moving average price is $14.35 and its 200-day moving average price is $14.50. The stock has a market cap of $1.74 billion and a PE ratio of 8.03. 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 12 month low of $13.60 and a 12 month high of $16.80.

Blue Owl Capital Co. III Dividend Announcement

The firm also recently disclosed a — dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a dividend of $0.35 per share. This represents a yield of 9.6%. The ex-dividend date was Tuesday, December 31st. Blue Owl Capital Co. III’s payout ratio is currently 79.55%.

About Blue Owl Capital Co. III

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.