Barclays Issues Pessimistic Forecast for Blue Owl Capital (NYSE:OWL) Stock Price

Blue Owl Capital (NYSE:OWL) had its price target lowered by analysts at Barclays from $29.00 to $20.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price target indicates a potential upside of 25.53% from the company’s previous close.

A number of other equities research analysts have also commented on OWL. Citigroup reissued a “buy” rating and set a $30.00 price objective on shares of Blue Owl Capital in a report on Thursday, January 23rd. The Goldman Sachs Group cut shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and decreased their price target for the company from $25.00 to $24.75 in a research note on Monday, January 6th. Wells Fargo & Company dropped their price objective on shares of Blue Owl Capital from $24.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, March 20th. Keefe, Bruyette & Woods increased their price objective on Blue Owl Capital from $22.00 to $26.00 and gave the company a “market perform” rating in a research report on Friday, December 20th. Finally, TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their target price for the company from $26.00 to $28.00 in a research note on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Blue Owl Capital has a consensus rating of “Moderate Buy” and an average price target of $24.10.

Blue Owl Capital Stock Down 2.9 %

Shares of OWL opened at $15.93 on Monday. The stock’s 50-day moving average price is $21.25 and its 200 day moving average price is $22.35. Blue Owl Capital has a 12-month low of $14.55 and a 12-month high of $26.73. The firm has a market capitalization of $24.50 billion, a price-to-earnings ratio of 93.72, a P/E/G ratio of 1.23 and a beta of 1.20.

Blue Owl Capital (NYSE:OWL) last posted its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. Equities research analysts expect that Blue Owl Capital will post 0.92 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Capital World Investors boosted its position in shares of Blue Owl Capital by 14.5% during the fourth quarter. Capital World Investors now owns 77,168,640 shares of the company’s stock worth $1,794,943,000 after purchasing an additional 9,794,102 shares in the last quarter. Vanguard Group Inc. raised its stake in Blue Owl Capital by 11.7% during the 4th quarter. Vanguard Group Inc. now owns 53,206,392 shares of the company’s stock worth $1,237,581,000 after buying an additional 5,558,868 shares during the period. FMR LLC lifted its holdings in Blue Owl Capital by 28.1% during the fourth quarter. FMR LLC now owns 45,241,160 shares of the company’s stock worth $1,052,309,000 after acquiring an additional 9,917,071 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Blue Owl Capital by 2.4% in the fourth quarter. JPMorgan Chase & Co. now owns 9,248,983 shares of the company’s stock valued at $215,131,000 after acquiring an additional 218,586 shares during the period. Finally, State Street Corp increased its holdings in shares of Blue Owl Capital by 5.6% in the third quarter. State Street Corp now owns 8,452,073 shares of the company’s stock worth $163,632,000 after acquiring an additional 449,066 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Company 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.