Blue Owl Capital Inc. (NYSE:OWL) Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC increased its stake in Blue Owl Capital Inc. (NYSE:OWL) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,963 shares of the company’s stock after acquiring an additional 2,935 shares during the period. Mutual Advisors LLC’s holdings in Blue Owl Capital were worth $748,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. ORG Wealth Partners LLC purchased a new position in Blue Owl Capital in the third quarter valued at $32,000. Versant Capital Management Inc grew its holdings in shares of Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock worth $45,000 after purchasing an additional 1,110 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Blue Owl Capital during the third quarter worth about $138,000. Signaturefd LLC grew its holdings in shares of Blue Owl Capital by 19.3% during the third quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock worth $177,000 after purchasing an additional 1,476 shares during the last quarter. Finally, Chiron Investment Management LLC purchased a new position in shares of Blue Owl Capital during the third quarter worth about $196,000. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OWL. Keefe, Bruyette & Woods raised their price target on Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Deutsche Bank Aktiengesellschaft raised their price target on Blue Owl Capital from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, November 1st. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and raised their price target for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Evercore ISI raised their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Finally, UBS Group raised their price objective on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Blue Owl Capital has a consensus rating of “Moderate Buy” and an average price target of $25.85.

Blue Owl Capital Trading Up 2.5 %

OWL stock opened at $26.68 on Monday. The firm has a 50 day moving average of $23.79 and a 200-day moving average of $20.99. Blue Owl Capital Inc. has a 12-month low of $15.18 and a 12-month high of $26.73. The company has a market cap of $39.85 billion, a price-to-earnings ratio of 156.97, a PEG ratio of 1.39 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Blue Owl Capital had a net margin of 4.95% and a return on equity of 19.98%. The business had revenue of $600.88 million during the quarter, compared to analysts’ expectations of $565.93 million. During the same period last year, the company posted $0.16 EPS. Sell-side analysts forecast that Blue Owl Capital Inc. will post 0.78 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were paid a $0.18 dividend. The ex-dividend date was Monday, November 11th. This represents a $0.72 annualized dividend and a yield of 2.70%. Blue Owl Capital’s payout ratio is currently 423.55%.

Blue Owl Capital Profile

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.