Wells Fargo & Company MN Takes $3.10 Million Position in Blue Owl Capital Co. III (NYSE:OBDE)

Wells Fargo & Company MN acquired a new position in Blue Owl Capital Co. III (NYSE:OBDE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 215,287 shares of the company’s stock, valued at approximately $3,104,000.

Several other large investors also recently added to or reduced their stakes in OBDE. Confluence Investment Management LLC grew its stake in Blue Owl Capital Co. III by 0.5% in the 4th quarter. Confluence Investment Management LLC now owns 310,424 shares of the company’s stock worth $4,476,000 after buying an additional 1,399 shares in the last quarter. Versant Capital Management Inc bought a new stake in Blue Owl Capital Co. III during the fourth quarter worth about $63,000. Accurate Wealth Management LLC purchased a new position in shares of Blue Owl Capital Co. III in the 4th quarter worth about $164,000. HB Wealth Management LLC increased its position in shares of Blue Owl Capital Co. III by 78.9% during the 4th quarter. HB Wealth Management LLC now owns 683,551 shares of the company’s stock valued at $9,863,000 after purchasing an additional 301,365 shares during the last quarter. Finally, Requisite Capital Management LLC raised its holdings in shares of Blue Owl Capital Co. III by 100.0% during the 4th quarter. Requisite Capital Management LLC now owns 431,990 shares of the company’s stock valued at $6,605,000 after buying an additional 215,995 shares in the last quarter.

Blue Owl Capital Co. III Stock Performance

NYSE:OBDE opened at $14.14 on Thursday. The company has a market capitalization of $1.74 billion and a price-to-earnings ratio of 8.03. The business has a 50 day moving average of $14.14 and a 200 day moving average of $14.41. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.76 and a quick ratio of 1.76. Blue Owl Capital Co. III has a 1-year low of $13.60 and a 1-year high of $16.59.

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.