Blue Owl Capital Co. (NYSE:OBDC) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. grew its position in Blue Owl Capital Co. (NYSE:OBDC) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 377,811 shares of the company’s stock after acquiring an additional 11,270 shares during the quarter. D.A. Davidson & CO.’s holdings in Blue Owl Capital were worth $5,713,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fifth Third Bancorp boosted its holdings in shares of Blue Owl Capital by 192.2% in the fourth quarter. Fifth Third Bancorp now owns 2,922 shares of the company’s stock valued at $44,000 after acquiring an additional 1,922 shares during the period. National Bank of Canada FI lifted its holdings in shares of Blue Owl Capital by 144.7% during the third quarter. National Bank of Canada FI now owns 4,160 shares of the company’s stock worth $61,000 after purchasing an additional 2,460 shares during the period. Westend Capital Management LLC lifted its holdings in shares of Blue Owl Capital by 58.8% during the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company’s stock worth $73,000 after purchasing an additional 1,784 shares during the period. Balboa Wealth Partners acquired a new stake in shares of Blue Owl Capital during the third quarter worth $169,000. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of Blue Owl Capital by 112.7% during the third quarter. Nomura Asset Management Co. Ltd. now owns 12,719 shares of the company’s stock worth $185,000 after purchasing an additional 6,738 shares during the period. 42.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on OBDC shares. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and set a $14.00 price target (down from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Wells Fargo & Company increased their price target on Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $17.00 price target on shares of Blue Owl Capital in a report on Tuesday, November 19th. Citizens Jmp raised Blue Owl Capital to a “strong-buy” rating in a report on Monday, February 3rd. Finally, JMP Securities raised their target price on Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Blue Owl Capital presently has an average rating of “Moderate Buy” and a consensus target price of $16.08.

Blue Owl Capital Trading Up 0.5 %

Shares of OBDC stock opened at $15.65 on Thursday. Blue Owl Capital Co. has a fifty-two week low of $13.98 and a fifty-two week high of $16.91. The stock has a market cap of $6.11 billion, a P/E ratio of 9.72 and a beta of 0.83. The business has a fifty day simple moving average of $15.10 and a 200-day simple moving average of $14.97. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.30.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. Blue Owl Capital had a return on equity of 12.59% and a net margin of 38.99%. On average, analysts forecast that Blue Owl Capital Co. will post 1.89 earnings per share for the current fiscal year.

Blue Owl Capital Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.