Blue Owl Capital Co. III (NYSE:OBDE) Director Victor Woolridge Acquires 6,830 Shares of Stock

Blue Owl Capital Co. III (NYSE:OBDE) Director Victor Woolridge bought 6,830 shares of the company’s stock in a transaction on Monday, August 26th. The stock was bought at an average cost 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 approximately $99,991.20. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Blue Owl Capital Co. III Price Performance

OBDE opened at $14.54 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.37 and a quick ratio of 1.37. The company’s 50 day simple moving average is $14.64 and its 200-day simple moving average is $15.08. Blue Owl Capital Co. III has a one year low of $13.60 and a one year high of $16.80. The stock has a market capitalization of $1.79 billion and a P/E ratio of 6.41.

Blue Owl Capital Co. III Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.35 dividend. The ex-dividend date is Monday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 9.63%. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is currently 61.67%.

Hedge Funds Weigh In On Blue Owl Capital Co. III

Several large investors have recently made changes to their positions in the company. Trustees of Dartmouth College acquired a new stake in Blue Owl Capital Co. III during the 1st quarter worth approximately $82,106,000. CNA Financial Corp acquired a new stake in shares of Blue Owl Capital Co. III in the 1st quarter valued at about $23,546,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Blue Owl Capital Co. III by 323.2% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,000,888 shares of the company’s stock worth $29,953,000 after buying an additional 1,528,078 shares in the last quarter. California State Teachers Retirement System bought a new position in shares of Blue Owl Capital Co. III during the 1st quarter worth approximately $12,243,000. Finally, Transcend Capital Advisors LLC acquired a new stake in shares of Blue Owl Capital Co. III in the second quarter valued at approximately $8,649,000.

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.