Migdal Insurance & Financial Holdings Ltd. Grows Position in Blue Owl Capital Co. III (NYSE:OBDE)

Migdal Insurance & Financial Holdings Ltd. increased its holdings in Blue Owl Capital Co. III (NYSE:OBDE) by 79.2% in the third quarter, HoldingsChannel.com reports. The fund owned 3,585,744 shares of the company’s stock after acquiring an additional 1,584,856 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Blue Owl Capital Co. III were worth $51,384,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in OBDE. California State Teachers Retirement System bought a new position in shares of Blue Owl Capital Co. III during the 1st quarter valued at approximately $12,243,000. Boston Partners purchased a new stake in shares of Blue Owl Capital Co. III during the 1st quarter worth $2,676,000. Creative Planning lifted its stake in shares of Blue Owl Capital Co. III by 277.6% during the 2nd quarter. Creative Planning now owns 514,341 shares of the company’s stock worth $7,700,000 after purchasing an additional 378,136 shares during the last quarter. Pettinga Financial Advisors LLC purchased a new stake in shares of Blue Owl Capital Co. III during the 3rd quarter worth $2,218,000. Finally, Ariadne Wealth Management LP purchased a new stake in shares of Blue Owl Capital Co. III during the 2nd quarter worth $689,000.

Insider Buying and Selling at Blue Owl Capital Co. III

In other Blue Owl Capital Co. III news, Director Victor Woolridge purchased 6,830 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was bought at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the completion of the purchase, the director now owns 6,830 shares in the company, valued at $99,991.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Melissa Weiler acquired 12,000 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average cost of $14.34 per share, with a total value of $172,080.00. Following the completion of the acquisition, the director now owns 12,000 shares of the company’s stock, valued at approximately $172,080. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Victor Woolridge acquired 6,830 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was purchased at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the completion of the acquisition, the director now directly 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 company insiders.

Blue Owl Capital Co. III Stock Down 0.4 %

Shares of NYSE OBDE traded down $0.06 during mid-day trading on Friday, reaching $14.63. 346,350 shares of the company were exchanged, compared to its average volume of 203,145. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.27. The stock has a market cap of $1.80 billion and a price-to-earnings ratio of 8.31. Blue Owl Capital Co. III has a 1 year low of $13.60 and a 1 year high of $16.80. The firm has a 50-day moving average of $14.51 and a 200 day moving average of $14.87.

Blue Owl Capital Co. III (NYSE:OBDE) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Blue Owl Capital Co. III had a return on equity of 11.51% and a net margin of 45.35%. The company had revenue of $123.18 million during the quarter, compared to analysts’ expectations of $119.08 million. On average, research analysts expect that Blue Owl Capital Co. III will post 1.61 earnings per share for the current year.

Blue Owl Capital Co. III Announces Dividend

The firm also recently declared a — dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.35 dividend. This represents a yield of 9.6%. The ex-dividend date of this dividend is Tuesday, December 31st. 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.