Blue Owl Capital Co. III (NYSE:OBDE) Shares Purchased by Pine Ridge Advisers LLC

Pine Ridge Advisers LLC boosted its holdings in shares of Blue Owl Capital Co. III (NYSE:OBDE) by 200.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 223,443 shares of the company’s stock after buying an additional 148,962 shares during the quarter. Blue Owl Capital Co. III accounts for 0.3% of Pine Ridge Advisers LLC’s investment portfolio, making the stock its 28th largest position. Pine Ridge Advisers LLC’s holdings in Blue Owl Capital Co. III were worth $3,222,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Blue Owl Capital Co. III by 88.4% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,755,457 shares of the company’s stock worth $97,414,000 after buying an additional 3,169,713 shares during the period. Caz Investments LP acquired a new position in Blue Owl Capital Co. III during the 4th quarter worth approximately $40,910,000. HB Wealth Management LLC increased its position in shares of Blue Owl Capital Co. III by 78.9% in 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. Certuity LLC raised its holdings in shares of Blue Owl Capital Co. III by 99.7% in the 4th quarter. Certuity LLC now owns 615,085 shares of the company’s stock valued at $8,870,000 after purchasing an additional 307,151 shares in the last quarter. Finally, Yakira Capital Management Inc. purchased a new stake in shares of Blue Owl Capital Co. III during the 4th quarter worth $7,432,000.

Blue Owl Capital Co. III Stock Performance

NYSE:OBDE opened at $14.14 on Friday. Blue Owl Capital Co. III has a 12 month low of $13.60 and a 12 month high of $16.59. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a market capitalization of $1.74 billion and a PE ratio of 8.03. The business’s fifty day moving average price is $14.14 and its 200 day moving average price is $14.41.

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.