Capital Planning Advisors LLC Sells 1,944 Shares of Blue Owl Capital Co. III (NYSE:OBDE)

Capital Planning Advisors LLC decreased its holdings in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 4.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,529 shares of the company’s stock after selling 1,944 shares during the period. Capital Planning Advisors LLC’s holdings in Blue Owl Capital Co. III were worth $541,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Versant Capital Management Inc purchased a new stake in Blue Owl Capital Co. III in the 4th quarter valued at about $63,000. Sunbelt Securities Inc. purchased a new stake in shares of Blue Owl Capital Co. III in the 2nd quarter worth $132,000. XTX Topco Ltd bought a new position in shares of Blue Owl Capital Co. III during the 3rd quarter worth $148,000. Accurate Wealth Management LLC purchased a new position in shares of Blue Owl Capital Co. III during the fourth quarter valued at $164,000. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of Blue Owl Capital Co. III by 86.9% in the third quarter. Chicago Partners Investment Group LLC now owns 36,212 shares of the company’s stock valued at $521,000 after acquiring an additional 16,838 shares in the last quarter.

Blue Owl Capital Co. III Price Performance

NYSE:OBDE opened at $14.14 on Thursday. 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 firm has a market cap of $1.74 billion and a PE ratio of 8.03. The company has a 50-day moving average of $14.70 and a 200 day moving average of $14.59. Blue Owl Capital Co. III has a 1-year low of $13.60 and a 1-year high of $16.80.

Blue Owl Capital Co. III (NYSE:OBDE) last released 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 firm had revenue of $129.04 million for the quarter, compared to the consensus estimate of $122.32 million. Blue Owl Capital Co. III had a net margin of 45.35% and a return on equity of 11.52%. As a group, research analysts anticipate that Blue Owl Capital Co. III will post 1.59 EPS for the current fiscal year.

Blue Owl Capital Co. III Announces Dividend

The business also recently declared a — dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given 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 payout ratio is 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.