Gilbert & Cook Inc. Grows Stock Position in Blue Owl Capital Co. III (NYSE:OBDE)

Gilbert & Cook Inc. raised its stake in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 76.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 90,320 shares of the company’s stock after buying an additional 39,243 shares during the period. Gilbert & Cook Inc.’s holdings in Blue Owl Capital Co. III were worth $1,294,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Blue Owl Capital Co. III by 79.2% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,585,744 shares of the company’s stock valued at $51,384,000 after purchasing an additional 1,584,856 shares in the last quarter. CNA Financial Corp increased its stake in shares of Blue Owl Capital Co. III by 1.0% in the 2nd quarter. CNA Financial Corp now owns 1,552,259 shares of the company’s stock valued at $23,237,000 after purchasing an additional 15,346 shares in the last quarter. California State Teachers Retirement System purchased a new position in shares of Blue Owl Capital Co. III in the 1st quarter valued at about $12,243,000. Creative Planning increased its stake in shares of Blue Owl Capital Co. III by 42.9% in the 3rd quarter. Creative Planning now owns 734,861 shares of the company’s stock valued at $10,531,000 after purchasing an additional 220,520 shares in the last quarter. Finally, Transcend Capital Advisors LLC purchased a new position in shares of Blue Owl Capital Co. III in the 2nd quarter valued at about $8,649,000.

Blue Owl Capital Co. III Price Performance

Shares of Blue Owl Capital Co. III stock opened at $14.66 on Friday. 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 twelve month low of $13.60 and a twelve month high of $16.80. The business has a 50-day moving average price of $14.51 and a 200 day moving average price of $14.84. The firm has a market cap of $1.81 billion and a PE ratio of 8.33.

Blue Owl Capital Co. III Announces Dividend

The firm also recently declared a — dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 9.6%. Blue Owl Capital Co. III’s dividend payout ratio is presently 79.55%.

Insider Activity at Blue Owl Capital Co. III

In other news, Director Melissa Weiler acquired 12,000 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were bought at an average cost of $14.34 per share, for a total transaction of $172,080.00. Following the acquisition, the director now owns 12,000 shares in the company, valued at approximately $172,080. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Victor Woolridge acquired 6,830 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was purchased at an average price of $14.64 per share, for a total transaction of $99,991.20. Following the completion of the acquisition, the director now owns 6,830 shares in the company, valued at $99,991.20. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. 90.80% of the stock is owned by company insiders.

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.