Capital Planning Advisors LLC Sells 1,944 Shares of Blue Owl Capital Co. III (NYSE:OBDE)

Capital Planning Advisors LLC cut its holdings in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,529 shares of the company’s stock after selling 1,944 shares during the quarter. Capital Planning Advisors LLC’s holdings in Blue Owl Capital Co. III were worth $541,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Versant Capital Management Inc purchased a new position in Blue Owl Capital Co. III during the fourth quarter valued at $63,000. Sunbelt Securities Inc. bought a new stake in shares of Blue Owl Capital Co. III in the second quarter worth about $132,000. XTX Topco Ltd purchased a new stake in shares of Blue Owl Capital Co. III during the 3rd quarter worth approximately $148,000. Accurate Wealth Management LLC purchased a new position in shares of Blue Owl Capital Co. III in the fourth quarter valued at $164,000. Finally, Chicago Partners Investment Group LLC grew its holdings 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 purchasing an additional 16,838 shares in the last quarter.

Blue Owl Capital Co. III Price Performance

Blue Owl Capital Co. III stock opened at $14.14 on Thursday. Blue Owl Capital Co. III has a 52-week low of $13.60 and a 52-week 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 firm’s fifty day moving average is $14.70 and its 200 day moving average is $14.59. The company has a market cap of $1.74 billion and a price-to-earnings ratio of 8.03.

Blue Owl Capital Co. III (NYSE:OBDE) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $129.04 million during 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 forecast that Blue Owl Capital Co. III will post 1.59 EPS for the current fiscal year.

Blue Owl Capital Co. III Dividend Announcement

The company also recently disclosed 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. This represents a yield of 9.4%. The ex-dividend date of this dividend is Friday, May 30th. Blue Owl Capital Co. III’s payout ratio is 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.