Citigroup Inc. Purchases 350,842 Shares of Blue Owl Capital Co. III (NYSE:OBDE)

Citigroup Inc. lifted its position in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 7,952.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 355,254 shares of the company’s stock after purchasing an additional 350,842 shares during the period. Citigroup Inc. owned about 0.29% of Blue Owl Capital Co. III worth $5,091,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new stake in Blue Owl Capital Co. III during the 2nd quarter worth approximately $132,000. Chicago Partners Investment Group LLC increased its holdings in 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 purchasing an additional 16,838 shares during the period. Ariadne Wealth Management LP bought a new position in Blue Owl Capital Co. III during the 2nd quarter worth $689,000. Gilbert & Cook Inc. lifted its holdings in Blue Owl Capital Co. III by 241.1% during the 2nd quarter. Gilbert & Cook Inc. now owns 51,077 shares of the company’s stock worth $765,000 after buying an additional 36,101 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Blue Owl Capital Co. III in the 2nd quarter valued at about $856,000.

Blue Owl Capital Co. III Stock Performance

NYSE:OBDE opened at $14.89 on Tuesday. 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 fifty-two week low of $13.60 and a fifty-two week high of $16.80. The company has a 50 day simple moving average of $14.58 and a two-hundred day simple moving average of $14.77. The company has a market capitalization of $1.84 billion and a PE ratio of 8.46.

Blue Owl Capital Co. III Dividend Announcement

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

About Blue Owl Capital Co. III

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.