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

HB Wealth Management LLC increased its holdings in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 78.9% in the fourth quarter, HoldingsChannel reports. The firm owned 683,551 shares of the company’s stock after buying an additional 301,365 shares during the period. HB Wealth Management LLC’s holdings in Blue Owl Capital Co. III were worth $9,863,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc bought a new stake in shares of Blue Owl Capital Co. III in the fourth quarter valued at about $63,000. Sunbelt Securities Inc. bought a new position in Blue Owl Capital Co. III in the second quarter valued at about $132,000. XTX Topco Ltd bought a new stake in Blue Owl Capital Co. III during the 3rd quarter worth approximately $148,000. Accurate Wealth Management LLC acquired a new stake in Blue Owl Capital Co. III in the fourth quarter valued at $164,000. Finally, Chicago Partners Investment Group LLC increased its stake 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 buying an additional 16,838 shares during the period.

Blue Owl Capital Co. III Stock Performance

OBDE remained flat at $14.14 during trading on Friday. The company has a fifty day moving average of $14.73 and a 200-day moving average of $14.61. The company has a market cap of $1.74 billion and a price-to-earnings ratio of 8.03. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.76 and a current ratio of 1.76. Blue Owl Capital Co. III has a twelve month low of $13.60 and a twelve month high of $16.80.

Blue Owl Capital Co. III Dividend Announcement

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