Blue Owl Capital Inc. (NYSE:OWL) Position Increased by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 6.8% in the 3rd quarter, Holdings Channel reports. The firm owned 246,878 shares of the company’s stock after purchasing an additional 15,701 shares during the quarter. Natixis Advisors LLC’s holdings in Blue Owl Capital were worth $4,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new position in shares of Blue Owl Capital during the first quarter worth about $26,000. ORG Partners LLC bought a new position in shares of Blue Owl Capital during the second quarter worth about $32,000. ORG Wealth Partners LLC bought a new position in shares of Blue Owl Capital during the third quarter worth about $32,000. Family Firm Inc. bought a new position in shares of Blue Owl Capital during the second quarter worth about $40,000. Finally, Rothschild Investment LLC bought a new position in shares of Blue Owl Capital during the second quarter worth about $45,000. Institutional investors own 35.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price target on shares of Blue Owl Capital from $18.50 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. Oppenheimer upped their price objective on shares of Blue Owl Capital from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Evercore ISI upped their price objective on shares of Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Piper Sandler upped their price objective on shares of Blue Owl Capital from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $22.31.

Blue Owl Capital Stock Performance

Shares of NYSE:OWL opened at $24.55 on Friday. Blue Owl Capital Inc. has a twelve month low of $13.01 and a twelve month high of $24.70. The firm has a market cap of $36.67 billion, a PE ratio of 144.42, a price-to-earnings-growth ratio of 1.57 and a beta of 1.14. The business has a fifty day moving average of $21.55 and a 200-day moving average of $19.14.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. The firm had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. During the same period last year, the company earned $0.16 earnings per share. On average, analysts anticipate that Blue Owl Capital Inc. will post 0.78 EPS 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. This represents a $0.72 annualized dividend and a yield of 2.93%. The ex-dividend date was Monday, November 11th. Blue Owl Capital’s payout ratio is 423.55%.

About Blue Owl Capital

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.