11,964 Shares in Blue Owl Capital Co. III (NYSE:OBDE) Acquired by Kavar Capital Partners Group LLC

Kavar Capital Partners Group LLC bought a new stake in shares of Blue Owl Capital Co. III (NYSE:OBDE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 11,964 shares of the company’s stock, valued at approximately $173,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Drive Wealth Management LLC purchased a new stake in shares of Blue Owl Capital Co. III during the 4th quarter valued at $393,000. Requisite Capital Management LLC raised its position in Blue Owl Capital Co. III by 100.0% during the fourth quarter. Requisite Capital Management LLC now owns 431,990 shares of the company’s stock valued at $6,605,000 after purchasing an additional 215,995 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of Blue Owl Capital Co. III by 78.9% in the 4th quarter. HB Wealth Management LLC now owns 683,551 shares of the company’s stock worth $9,863,000 after purchasing an additional 301,365 shares in the last quarter. Accurate Wealth Management LLC purchased a new position in shares of Blue Owl Capital Co. III in the 4th quarter worth about $164,000. Finally, Versant Capital Management Inc bought a new position in shares of Blue Owl Capital Co. III during the 4th quarter valued at about $63,000.

Blue Owl Capital Co. III Price Performance

Shares of OBDE opened at $14.14 on Monday. 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 debt-to-equity ratio of 1.28, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a 50 day simple moving average of $14.68 and a two-hundred day simple moving average of $14.57. The firm has a market cap of $1.74 billion and a P/E ratio of 8.03.

Blue Owl Capital Co. III (NYSE:OBDE) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The company had revenue of $129.04 million during the quarter, compared to analysts’ expectations of $122.32 million. Blue Owl Capital Co. III had a net margin of 45.35% and a return on equity of 11.52%. On average, analysts forecast that Blue Owl Capital Co. III will post 1.59 earnings per share for the current fiscal year.

Blue Owl Capital Co. III Dividend Announcement

The business also recently announced a — dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a $0.06 dividend. This represents a dividend yield of 9.4%. The ex-dividend date of this dividend is Friday, May 30th. 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.