HB Wealth Management LLC Purchases 301,365 Shares of Blue Owl Capital Co. III (NYSE:OBDE)

HB Wealth Management LLC grew its position in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 78.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 683,551 shares of the company’s stock after buying an additional 301,365 shares during the quarter. HB Wealth Management LLC owned approximately 0.55% of Blue Owl Capital Co. III worth $9,863,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Blue Owl Capital Co. III by 79.2% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,585,744 shares of the company’s stock worth $51,384,000 after buying an additional 1,584,856 shares during the period. Creative Planning grew its holdings in Blue Owl Capital Co. III by 42.9% during the 3rd quarter. Creative Planning now owns 734,861 shares of the company’s stock worth $10,531,000 after acquiring an additional 220,520 shares during the period. Citigroup Inc. lifted its stake in shares of Blue Owl Capital Co. III by 7,952.0% in the 3rd quarter. Citigroup Inc. now owns 355,254 shares of the company’s stock valued at $5,091,000 after purchasing an additional 350,842 shares during the period. Confluence Investment Management LLC boosted its position in shares of Blue Owl Capital Co. III by 0.5% in the 4th quarter. Confluence Investment Management LLC now owns 310,424 shares of the company’s stock worth $4,476,000 after purchasing an additional 1,399 shares during the last quarter. Finally, Requisite Capital Management LLC grew its stake in shares of Blue Owl Capital Co. III by 100.0% during the third quarter. Requisite Capital Management LLC now owns 215,995 shares of the company’s stock worth $3,171,000 after purchasing an additional 107,996 shares during the period.

Blue Owl Capital Co. III Price Performance

Blue Owl Capital Co. III stock remained flat at $14.14 during midday trading on Friday. The firm has a market capitalization of $1.74 billion and a PE ratio of 8.03. The firm has a 50 day moving average of $14.73 and a 200-day moving average of $14.61. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.28. Blue Owl Capital Co. III has a one year low of $13.60 and a one year high of $16.80.

Blue Owl Capital Co. III Dividend Announcement

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

Blue Owl Capital Co. III Company 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.