R Squared Ltd Acquires New Stake in Blue Owl Capital Co. III (NYSE:OBDE)

R Squared Ltd bought a new position in Blue Owl Capital Co. III (NYSE:OBDE) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,150 shares of the company’s stock, valued at approximately $45,000.

Several other institutional investors and hedge funds have also recently modified their holdings of OBDE. Kavar Capital Partners Group LLC bought a new position in shares of Blue Owl Capital Co. III in the fourth quarter worth approximately $173,000. Drive Wealth Management LLC bought a new position in shares of Blue Owl Capital Co. III in the 4th quarter worth $393,000. Requisite Capital Management LLC increased its holdings in shares of Blue Owl Capital Co. III by 100.0% in the 4th quarter. Requisite Capital Management LLC now owns 431,990 shares of the company’s stock worth $6,605,000 after buying an additional 215,995 shares during the last quarter. HB Wealth Management LLC raised its position in shares of Blue Owl Capital Co. III by 78.9% during the 4th quarter. HB Wealth Management LLC now owns 683,551 shares of the company’s stock valued at $9,863,000 after buying an additional 301,365 shares in the last quarter. Finally, Accurate Wealth Management LLC bought a new stake in shares of Blue Owl Capital Co. III during the 4th quarter worth $164,000.

Blue Owl Capital Co. III Price Performance

Shares of NYSE:OBDE opened at $14.14 on Monday. The firm has a market capitalization of $1.74 billion and a PE 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 52-week low of $13.60 and a 52-week high of $16.80. The firm has a fifty day moving average of $14.62 and a 200 day moving average of $14.54.

Blue Owl Capital Co. III (NYSE:OBDE) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $129.04 million during the quarter, compared to analysts’ expectations of $122.32 million. Blue Owl Capital Co. III had a return on equity of 11.52% and a net margin of 45.35%. 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 Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.06 per share. This represents a dividend yield of 9.4%. The ex-dividend date is Friday, May 30th. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is presently 79.55%.

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.