Creative Planning lifted its holdings in shares of Blue Owl Capital Co. III (NYSE:OBDE – Free Report) by 42.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 734,861 shares of the company’s stock after acquiring an additional 220,520 shares during the quarter. Creative Planning owned about 0.60% of Blue Owl Capital Co. III worth $10,531,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in shares of Blue Owl Capital Co. III during the 2nd quarter valued at $132,000. Gilbert & Cook Inc. acquired a new position in Blue Owl Capital Co. III in the 1st quarter worth $229,000. Requisite Capital Management LLC acquired a new position in Blue Owl Capital Co. III in the 1st quarter worth $510,000. Ariadne Wealth Management LP acquired a new position in Blue Owl Capital Co. III in the 2nd quarter worth $689,000. Finally, Renaissance Technologies LLC acquired a new position in Blue Owl Capital Co. III in the 2nd quarter worth $856,000.
Insider Transactions at Blue Owl Capital Co. III
In other Blue Owl Capital Co. III news, Director Victor Woolridge acquired 6,830 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was acquired at an average price of $14.64 per share, with a total value of $99,991.20. Following the transaction, the director now directly owns 6,830 shares in the company, valued at approximately $99,991.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Blue Owl Capital Co. III news, Director Melissa Weiler acquired 12,000 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was acquired at an average price of $14.34 per share, with a total value of $172,080.00. Following the transaction, the director now directly owns 12,000 shares in the company, valued at approximately $172,080. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Victor Woolridge acquired 6,830 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were acquired at an average cost of $14.64 per share, with a total value of $99,991.20. Following the transaction, the director now owns 6,830 shares in the company, valued at approximately $99,991.20. The disclosure for this purchase can be found here. Insiders own 90.80% of the company’s stock.
Blue Owl Capital Co. III Stock Performance
Blue Owl Capital Co. III (NYSE:OBDE – Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. The company had revenue of $123.18 million during the quarter, compared to the consensus estimate of $119.08 million. Blue Owl Capital Co. III had a net margin of 54.40% and a return on equity of 12.53%. On average, research analysts anticipate that Blue Owl Capital Co. III will post 1.61 earnings per share for the current fiscal year.
Blue Owl Capital Co. III Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 9.78%. The ex-dividend date of this dividend was Monday, September 30th. Blue Owl Capital Co. III’s payout ratio is currently 69.31%.
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.
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