Blue Owl Capital (NYSE:OWL) Price Target Increased to $27.00 by Analysts at UBS Group

Blue Owl Capital (NYSE:OWL) had its price objective hoisted by equities researchers at UBS Group from $20.00 to $27.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target suggests a potential upside of 17.14% from the company’s current price.

A number of other equities research analysts have also recently weighed in on OWL. TD Cowen reissued a “hold” rating and issued a $19.00 price target (down from $21.50) on shares of Blue Owl Capital in a research report on Monday, July 8th. JMP Securities boosted their target price on Blue Owl Capital from $24.00 to $25.00 and gave the company a “market outperform” rating in a report on Wednesday, October 9th. Oppenheimer raised their price target on Blue Owl Capital from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Deutsche Bank Aktiengesellschaft reduced their price objective on Blue Owl Capital from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Wells Fargo & Company raised their target price 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. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.65.

Blue Owl Capital Price Performance

Shares of NYSE OWL opened at $23.05 on Tuesday. Blue Owl Capital has a 1 year low of $12.11 and a 1 year high of $24.17. The company has a market capitalization of $32.93 billion, a price-to-earnings ratio of 192.08, a price-to-earnings-growth ratio of 1.29 and a beta of 1.18. The business has a 50-day moving average of $18.98 and a two-hundred day moving average of $18.45.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. Blue Owl Capital had a return on equity of 19.15% and a net margin of 4.64%. The firm had revenue of $549.85 million during the quarter, compared to the consensus estimate of $507.22 million. During the same period in the prior year, the company posted $0.16 earnings per share. As a group, equities research analysts expect that Blue Owl Capital will post 0.79 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Transcendent Capital Group LLC purchased a new position in Blue Owl Capital in the first quarter worth $26,000. ORG Wealth Partners LLC acquired a new position in shares of Blue Owl Capital during the 3rd quarter worth $32,000. ORG Partners LLC purchased a new position in shares of Blue Owl Capital in the 2nd quarter valued at about $32,000. Family Firm Inc. acquired a new stake in shares of Blue Owl Capital in the second quarter valued at about $40,000. Finally, Rothschild Investment LLC purchased a new stake in Blue Owl Capital during the second quarter worth about $45,000. 35.85% of the stock is owned by hedge funds and other institutional investors.

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.