Certuity LLC Raises Holdings in Blue Owl Capital Co. III (NYSE:OBDE)

Certuity LLC raised its holdings in Blue Owl Capital Co. III (NYSE:OBDE) by 344.4% during the second quarter, Holdings Channel.com reports. The firm owned 170,733 shares of the company’s stock after purchasing an additional 132,318 shares during the period. Certuity LLC’s holdings in Blue Owl Capital Co. III were worth $2,556,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. California State Teachers Retirement System acquired a new position in shares of Blue Owl Capital Co. III in the 1st quarter worth approximately $12,243,000. Boston Partners purchased a new stake in Blue Owl Capital Co. III in the first quarter valued at approximately $2,676,000. First National Trust Co acquired a new position in Blue Owl Capital Co. III during the second quarter worth $996,000. Confluence Investment Management LLC purchased a new position in shares of Blue Owl Capital Co. III during the second quarter worth $3,490,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Blue Owl Capital Co. III in the second quarter valued at $1,774,000.

Insider Buying and Selling at Blue Owl Capital Co. III

In related news, Director Melissa Weiler bought 12,000 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was purchased at an average cost of $14.34 per share, with a total value of $172,080.00. Following the purchase, the director now directly owns 12,000 shares of the company’s stock, valued at approximately $172,080. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Melissa Weiler acquired 12,000 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The stock was acquired at an average price of $14.34 per share, for a total transaction of $172,080.00. Following the purchase, the director now owns 12,000 shares of the company’s stock, valued at approximately $172,080. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Victor Woolridge acquired 6,830 shares of the stock in a transaction dated Monday, August 26th. The shares were bought at an average cost of $14.64 per share, with a total value of $99,991.20. Following the completion of the transaction, the director now owns 6,830 shares of the company’s stock, valued at approximately $99,991.20. The disclosure for this purchase can be found here. 90.80% of the stock is currently owned by corporate insiders.

Blue Owl Capital Co. III Price Performance

OBDE stock opened at $14.35 on Friday. The business’s fifty day moving average price is $14.58 and its 200 day moving average price is $15.07. Blue Owl Capital Co. III has a 12-month low of $13.60 and a 12-month high of $16.80. The company has a market capitalization of $1.77 billion and a PE ratio of 6.32. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.27.

Blue Owl Capital Co. III (NYSE:OBDE) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. Blue Owl Capital Co. III had a net margin of 54.40% and a return on equity of 12.53%. The business had revenue of $123.18 million for the quarter, compared to analysts’ expectations of $119.08 million. On average, sell-side analysts anticipate that Blue Owl Capital Co. III will post 1.61 EPS for the current year.

Blue Owl Capital Co. III Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, September 30th. This represents a $1.40 dividend on an annualized basis and a yield of 9.76%. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is presently 61.67%.

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.