Kavar Capital Partners Group LLC Takes $173,000 Position in Blue Owl Capital Co. III (NYSE:OBDE)

Kavar Capital Partners Group LLC bought a new position in shares of Blue Owl Capital Co. III (NYSE:OBDE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,964 shares of the company’s stock, valued at approximately $173,000.

A number of other large investors have also bought and sold shares of OBDE. Confluence Investment Management LLC boosted its position in shares of Blue Owl Capital Co. III by 0.5% during the 4th quarter. Confluence Investment Management LLC now owns 310,424 shares of the company’s stock worth $4,476,000 after purchasing an additional 1,399 shares in the last quarter. Sunbelt Securities Inc. raised its stake in Blue Owl Capital Co. III by 17.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 10,331 shares of the company’s stock worth $148,000 after buying an additional 1,509 shares during the period. Stephens Inc. AR boosted its holdings in Blue Owl Capital Co. III by 6.0% in the third quarter. Stephens Inc. AR now owns 60,161 shares of the company’s stock worth $862,000 after acquiring an additional 3,385 shares in the last quarter. Versant Capital Management Inc acquired a new stake in Blue Owl Capital Co. III in the fourth quarter valued at approximately $63,000. Finally, XTX Topco Ltd bought a new stake in shares of Blue Owl Capital Co. III during the third quarter valued at approximately $148,000.

Blue Owl Capital Co. III Price Performance

Shares of OBDE opened at $14.14 on Monday. The business’s fifty day moving average is $14.68 and its 200 day moving average is $14.57. 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 quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 1.28. The stock has a market cap of $1.74 billion and a P/E ratio of 8.03.

Blue Owl Capital Co. III (NYSE:OBDE) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. The firm had revenue of $129.04 million for the quarter, compared to the consensus estimate of $122.32 million. Blue Owl Capital Co. III had a net margin of 45.35% and a return on equity of 11.52%. Sell-side analysts anticipate that Blue Owl Capital Co. III will post 1.59 earnings per share for the current fiscal year.

Blue Owl Capital Co. III Dividend Announcement

The business 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a yield of 9.4%. Blue Owl Capital Co. III’s dividend payout ratio (DPR) 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.