Sumitomo Mitsui Trust Group Inc. Takes Position in Blue Owl Capital Co. III (NYSE:OBDE)

Sumitomo Mitsui Trust Group Inc. acquired a new stake in Blue Owl Capital Co. III (NYSE:OBDE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 167,278 shares of the company’s stock, valued at approximately $2,397,000. Sumitomo Mitsui Trust Group Inc. owned approximately 0.14% of Blue Owl Capital Co. III at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Stephens Inc. AR grew its stake in shares of 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 valued at $862,000 after buying an additional 3,385 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of Blue Owl Capital Co. III in the second quarter valued at $132,000. CNA Financial Corp grew its stake in shares of Blue Owl Capital Co. III by 1.0% in the second quarter. CNA Financial Corp now owns 1,552,259 shares of the company’s stock valued at $23,237,000 after buying an additional 15,346 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of 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 buying an additional 16,838 shares in the last quarter. Finally, Gries Financial LLC boosted its holdings in Blue Owl Capital Co. III by 85.0% in the second quarter. Gries Financial LLC now owns 57,445 shares of the company’s stock valued at $860,000 after purchasing an additional 26,392 shares during the period.

Blue Owl Capital Co. III Trading Up 0.2 %

NYSE:OBDE opened at $14.69 on Tuesday. The firm has a market cap of $1.81 billion and a PE ratio of 8.34. The stock has a fifty day moving average price of $14.51 and a 200 day moving average price of $14.84. 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 current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 1.28.

Blue Owl Capital Co. III Announces Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a yield of 9.6%. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is presently 79.55%.

Insider Activity at Blue Owl Capital Co. III

In related news, Director Victor Woolridge bought 6,830 shares of the firm’s stock in a transaction that occurred on 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 owns 6,830 shares in the company, valued at approximately $99,991.20. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 90.80% of the stock is currently owned by company insiders.

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.