Muzinich & Co. Inc. boosted its position in Owl Rock Capital Co. (NYSE:ORCC) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,022,046 shares of the technology company’s stock after buying an additional 14,184 shares during the quarter. Owl Rock Capital makes up about 7.8% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 2nd biggest holding. Muzinich & Co. Inc. owned approximately 0.26% of Owl Rock Capital worth $14,585,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. GPS Wealth Strategies Group LLC acquired a new position in Owl Rock Capital in the second quarter valued at approximately $39,000. Geneos Wealth Management Inc. boosted its stake in Owl Rock Capital by 1,481.2% in the first quarter. Geneos Wealth Management Inc. now owns 3,874 shares of the technology company’s stock valued at $55,000 after acquiring an additional 3,629 shares during the period. Aspire Private Capital LLC acquired a new position in Owl Rock Capital in the first quarter valued at approximately $77,000. Wagner Wealth Management LLC acquired a new position in shares of Owl Rock Capital during the first quarter worth approximately $103,000. Finally, Bank of Montreal Can acquired a new position in shares of Owl Rock Capital during the first quarter worth approximately $105,000. Institutional investors own 42.80% of the company’s stock.
Shares of NYSE ORCC traded up $0.01 during midday trading on Thursday, hitting $14.43. 7,916 shares of the company’s stock were exchanged, compared to its average volume of 1,272,416. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.57 and a quick ratio of 1.57. The stock’s 50 day moving average price is $14.47 and its 200-day moving average price is $14.41. The firm has a market cap of $5.66 billion, a P/E ratio of 8.01 and a beta of 1.06. Owl Rock Capital Co. has a twelve month low of $11.12 and a twelve month high of $14.97.
The company also recently announced a quarterly dividend, which will be paid on Monday, November 15th. Shareholders of record on Thursday, September 30th will be given a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 29th. This represents a $1.24 dividend on an annualized basis and a yield of 8.59%. Owl Rock Capital’s dividend payout ratio (DPR) is 93.23%.
Owl Rock Capital Company Profile
Owl Rock Capital Corp, non traded business development company, seeks investment opportunities in middle market companies located in the US with an EBITDA of $10 to $250 million and annual revenue of $50 million to $2.5 billion. The fund focuses on broad range of sectors including business services, healthcare services, pharma & healthcare technology, aerospace & defence, software & technology and manufacturing & industrials.
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